PYMNTS

NOVEMBER 5, 2020

Ant Group 's initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. 3), one day after Beijing debuted a set of regulations that would have forced Ant Group to re-do its business model.

Groups 189

Groups Regulation Lending Financial Technology 189

PYMNTS

DECEMBER 5, 2019

Uber has introduced a group ordering option, the company said in a blog post. . Whether you’re at the office, going to a friend’s place or hosting at home, coordinating group meals can be challenging — especially when you and your guests are hungry and the clock is ticking,” the company said.

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PYMNTS

JULY 31, 2020

Two days after Google and Facebook CEOs testified before Congress over alleged antitrust violations, Australia has proposed regulation that could force the tech giants to pay Australian news outlets to distribute their content. In response, Google said it was disappointed by the proposal. Google has denied the charges.

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Google Regulation Data Groups 203

PYMNTS

NOVEMBER 3, 2020

One of Sweden’s largest private insurers, Folksam Group , says a data breach affected one million of its clients. We understand that this can cause concern among our customers, and we take what has happened seriously,” Folksam said in the news report. “We

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Groups Data Report America 255

PYMNTS

JUNE 8, 2020

With the pandemic putting its business into a state of disorder, Lane Bryant and Ann Taylor owner Ascena Retail Group is reportedly in talks with lenders about a possible bankruptcy filing. The result could rely on conditions in the market and the forecast for when stores could begin to open again.

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Groups Retail Dallas United States 179

PYMNTS

AUGUST 21, 2020

As it aims for an approximately $225 billion valuation, Ant Group intends to seek dual listings in Shanghai and Hong Kong in the weeks to come, Bloomberg reported, citing unnamed sources. The news comes as Ant Group gained profits of $1.3 million in earnings for Alibaba Group Holding Ltd., Alibaba Group Holding Co.

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Groups Comparison Report Lending 157

PYMNTS

DECEMBER 2, 2020

China’s Ant Group, which owns the widely used Alipay payments app, is looking at selling its 30 percent stake in India’s Paytm as friction between the two countries grows, sources told Reuters. However, the news service said no formal sale process has begun, and both Ant and Paytm denied that such a move is underway.

Groups 179

Groups Report Regulation Fintech 179

PYMNTS

FEBRUARY 1, 2021

Add Simon Property Group to the list – the real estate investment trust formed a blank check firm known as Simon Property Group Acquisition in an IPO slated to raise up to $300 million. capital markets work hold a significant advantage.” Funds that have expertise in both companies operating in Asia and how U.S.

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Groups Florida Retail Capital 248

PYMNTS

DECEMBER 23, 2020

In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. Ant Group is best known for its wildly popular payment and loans app Alipay , which has both online and mobile platforms. The company did not elaborate.

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Groups Cards Regulation Fintech 242

PYMNTS

OCTOBER 12, 2020

FinTech company Ant Group continues to press toward having the biggest initial public offering (IPO) ever, with returns at an estimated $35 billion. Ant Group is the online payment affiliate of China-based Alibaba Group Holding. Ant Group gets most of its revenue from consumer loans made on the Alipay payments app.

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Groups Operations Online Fintech 205

PYMNTS

DECEMBER 16, 2020

In today’s top retail news, Benetton Group is teaming once more with EDITED, while CarLotz Inc. Benetton Group Teams With Retail Intelligence Firm EDITED. European fashion firm Benetton Group is collaborating once more with EDITED, the retail market intelligence company, as a “necessary platform” for its future three-year plan.

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Groups Retail Report Branding 192

PYMNTS

MARCH 6, 2020

To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2 eRetail Audit,” which is the central offering of the upstart, is said to be a digital platform that offers online retail market share information for “sell-out” consumer merchandise in units, value and volume.

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Groups Data United States Retail 141

PYMNTS

JUNE 29, 2020

The social media giant has faced backlash and losses in partnerships from companies like Unilever , Verizon and Hershey , which have decided to sever ties due to what they say is a failure on Facebook’s part to sufficiently police hate speech and inaccurate news on its platform. Shares in Facebook fell 8.3

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social media Marketing Minnesota Virginia 216

PYMNTS

DECEMBER 20, 2020

Alibaba billionaire Jack Ma told Chinese regulators in November that he would give portions of Ant Group , the FinTech he founded, to the country's government in what so far has appeared to be an unsuccessful effort to make peace with authorities in the country, The Wall Street Journal (WSJ) reported.

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Groups Report Regulation Meeting 278

PYMNTS

MARCH 9, 2020

billion, Tesco has struck a deal to sell its Malaysia and Thailand assets to entities of CP Group. The move will enable the company to focus on producing shareholder returns and cash from its United Kingdom, Central Europe and Ireland markets, The Wall Street Journal reported. The grocer has left markets such as the U.S.,

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Groups Taxes Resources Operations 130

PYMNTS

NOVEMBER 9, 2020

News on Monday (Nov. The vaccine-driven rally in dine-in restaurants was widespread, as shares of Texas Roadhouse, Ruth’s Chris Hospitality Group, Cracker Barrel, Cheesecake Factory, Denny’s and Dave & Buster's also rose by 15 to 35 percent on the day. Such a divergent market reaction jibes with PYMNTS’ consumer research.

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Kentucky Survey New Jersey Dallas 253

PYMNTS

OCTOBER 28, 2019

CPI Card Group announced that it has launched Second Wave cards for markets including transit, hospitality, entertainment and more. CPI revealed that the expansion of Second Wave into new use-cases and markets will allow more companies to incorporate environmentally-friendly solutions into their products.

Cards 101

Cards Groups Marketing Survey 101

PYMNTS

SEPTEMBER 23, 2020

Online sneaker marketplace Goat Group has raised $100 million in a Series E funding round, according to The Wall Street Journal (WSJ), which will go toward expanding its products and apparel categories. Goat Group and StockX are among the prominent new companies arising because of the trend.

Groups 194

Groups Branding Online America 194

PYMNTS

DECEMBER 26, 2019

Central Retail, which is part of the billionaire Chirativat family’s Central Group, will sell up to 22.1 With its listing plans, parent company Central Group will delist its Robinson Pcl retail subsidiary. In separate potential Asia IPO news, Chinese eCommerce company JD.com Inc.’s percent of the firm’s stock or 1.69

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Groups Retail New York Report 131

PYMNTS

JANUARY 21, 2020

And now, for digital currencies, it’s a group effort — among central banks, that is. 21), at least some of those central banks are banding together to form a group that will study ways and means of issuing central bank digital currencies (CBDC). As for what may be underpinning a group effort …. But as reported Tuesday (Jan.

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Groups cryptocurrency National Study 142

PYMNTS

OCTOBER 22, 2020

Ant Group has won the nod from China's top security regulators for its Shanghai offering, the last hurdle to clear for the $35 billion dual listing, Reuters reports. Ant, the FinTech backed by China's Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai in the next few weeks, according to sources quoted by Reuters.

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Groups Capital Regulation Fintech 175

PYMNTS

DECEMBER 14, 2020

In today’s top retail news, Bed Bath & Beyond Inc. has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market.

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Branding Groups Retail New York 131

PYMNTS

NOVEMBER 25, 2020

It could be one of the biggest IPO of 2020, the news outlet reported, and the first IPO by a major Chinese tech company since China nixed Ant Group’s plans to go public in early November. presidential election, which, combined with a spate of good news on the coronavirus vaccine front, has lifted investors’ spirits.

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Groups Report Security Online 158

PYMNTS

MAY 14, 2020

Union Square Hospitality Group founder and CEO Danny Meyer said he doesn’t see reopening the dining rooms of his 19 restaurants located across New York City until after there is a vaccine for the coronavirus. Outdoor seating is another option being considered as New York City explores ways to expand outside dining space. .

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PYMNTS

SEPTEMBER 9, 2020

In fact a new report puts the global market for social commerce at $89.4 Its commerce platform lets users create a variety of gear, including T-shirts, hoodies, yoga pants and smartphone covers, that could appeal to hardcore followers looking to express their passion for their favorite creators,” says Mobile Marketer.

Marketing 209

Marketing Report social media Course 209

PYMNTS

DECEMBER 27, 2020

The Chinese government’s previously announced antitrust investigation of Alibaba Group Holding Ltd. China’s State Administration for Market Regulation posted a notice on its website Thursday (Dec. The pressure was sufficient to scuttle what was expected to be a huge initial public offering by Ant Group.

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Regulation Marketing Groups Report 206

PYMNTS

OCTOBER 7, 2020

Brazil is among the fastest expanding origination markets for global students. Last year, 386,000 Brazilian students studied internationally per BELTA Seal Market Research 2020. Agents have an essential function in the market, with approximately 86 percent of outbound Brazilian students acquiring their programs via an education agency.

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Groups Study Fraud Leadership 200

PYMNTS

JANUARY 31, 2019

Central Group, Thailand’s largest retailer, confirmed Thursday (January 31) that it is investing $200 million in a unit of Grab, the Southeast Asia ride-hailing startup. According to Reuters , citing a statement by Central Group, the retailer said it will “acquire a significant non-controlling stake” in the Thailand unit of Grab.

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Groups Capital Conference Retail 108

PYMNTS

DECEMBER 27, 2020

Financial regulators in China are moving to curb the influence of Jack Ma 's Ant Group by telling it to switch focus back to its mainstay payments business while fixing issues in personal lending, wealth management and more, The Wall Street Journal (WSJ) reports. The People's Bank of China criticized Ant on Sunday (Dec.

Groups 225

Groups Regulation Payments Lending 225

PYMNTS

JANUARY 15, 2021

After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. Chinese financial regulators called Ma and his leadership team to answer questions on the eve of the company’s stock market debut.

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Regulation Groups Operations Lending 158

PYMNTS

MARCH 9, 2020

The group, which represents brands including Clorox and Colgate-Palmolive, among others, wants the Justice Department to stop merchants from heavily increasing prices on key coronavirus prevention supplies, such as masks and hand sanitizer, CNBC reported.

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Groups Branding Fraud Compliance 144

PYMNTS

OCTOBER 30, 2020

The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week. I think in terms of market recognition, 2020 was the breakout year — [and] in terms of commercial adoption, 2021 will be more like it,” Harris said. Visa To Acquire YellowPepper To Expand Network Of Networks In LATAM.

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Technology Apple Payments Capital 161

PYMNTS

OCTOBER 26, 2020

Ant, which is backed by Alibaba, plans to list on both the Hong Kong market and on Shanghai's STAR Market in the next few weeks. Ma said his preference was for a new, inclusive banking system where loans are made based on big data to small businesses and individuals.

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Groups New York City Report New York 213

PYMNTS

FEBRUARY 1, 2021

Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” The company added, in a press release , that it has filed for an initial public offering (IPO) with the goal of raising $300 million for the new entity.

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PYMNTS

JULY 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. The group is ambitious at the outset.

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Google Groups Retail New York City 150

PYMNTS

NOVEMBER 3, 2020

Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov. Ant Group was looking to raise around $35 billion in proceeds from the offering. percent of Alibaba, which has a market capitalization of $775.5 Ma also owns 4.2

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Groups Regulation Meeting Lending 160

PYMNTS

JUNE 3, 2020

Papaya Global , which works in global payroll and B2B payments, has a new investor in Group 11 , a U.S. FinTech venture capital firm, according to a press release. Frances will also join the company’s board of directors.

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