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Polish Investors Hopeful For eCommerce After Allegro IPO

PYMNTS

Online retailer Allegro.eu was valued by investors at $25 billion in a deal last month, Bloomberg reported, in a transaction whose value was driven up by the shift of Poles to online shopping as a result of the pandemic. Globally, experts predict, online shopping will surpass prior levels significantly this holiday season.

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Expedia Leadership Changes Show Power Of Travel Industry Disruption

PYMNTS

Barry Diller, chairman of the board, and Peter Kern, vice chairman and director, will oversee the company’s executive leadership team. More and more, OTAs [online travel agencies] are moving into that group opportunity,” said Colin Smyth, head of travel at Flywire, in a PYMNTS interview. Startups Rising. and Europe.

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Expedia Leadership Shakeup Shows Power Of Travel Industry Disruption

PYMNTS

Barry Diller, chairman of the board, and Peter Kern, vice chairman and director, will oversee the company’s executive leadership team. More and more, OTAs [online travel agencies] are moving into that group opportunity,” said Colin Smyth, head of travel at Flywire, in a PYMNTS interview. Startups Rising. and Europe.

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Walmart CEO Says Indian Market Is A Priority, Praises ‘Level-Playing Field’

PYMNTS

With McMillon on his trip to India were Executive Vice President for Corporate Affairs Dan Bartlett and Executive Vice President and Regional CEO, Asia Dirk Van den Berghe. They met with Walmart leadership executives in the area. “As part for the trip, he interacted with Flipkart’s leadership team and employees.

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Amazon’s Saudi Arabia eCommerce Site Debuts

PYMNTS

The feud between Bezos and the Saudi leadership had some analysts speculating that Amazon would curb its business in Saudi Arabia, although this does not seem to be the case. Bin Salman denied the claim, saying it was rogue operators who committed the crime. Bezos said leaked texts between him and a girlfriend, done by a U.S.

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ADVANCE.AI Consortium Seeks Singaporean Digital Banking License

PYMNTS

billion in capital on hand, and be governed by Singapore leadership. Grab, an online business and one of Southeast Asia’s largest operators in the digital space, is partnering with Singtel for the chance at a full banking license. Their holders can take deposits from retail customers, but must have $1.5

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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