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MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America.

Regional 207
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Kroger Gains Traction In Multiple US Markets

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In multiple large metropolitan areas of the United States, market share data indicates that Kroger is gaining traction. The grocer operates Kroger stores along with regional brands such as Fry’s, King Soopers and Harris Teeter, Cincinnati.com reported. billion in grocery sales last year in the region.

US 100
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Walmart Tests Store Without Cashiers As COVID-19 Accelerates Change

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The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., In January, Walmart dispensed with cashiers at its Neighborhood Market store in Coral Way, Fla. according to local news reports.

Arkansas 280
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MercadoLibre To Invest More Than $716M In Brazil

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MercadoLibre , which operates platforms for buying and selling goods across Central and South America, is eyeing an investment in Brazil next year that would be even bigger than its $716 million investment this year, Bloomberg reported. So, in the region there is an inequality in terms of the acceptance and regulation of open banking.

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Brazil’s Banco Inter Eyes Partnership With Uber For FinServ

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Brazil is now Uber’s largest market outside the United States, with São Paulo boasting more Uber rides than any other city in the world. While the source wouldn’t comment on the terms of a possible deal, it would target the rideshare giant’s drivers and Banco’s more than 3 million clients.

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Germany’s FlixMobility Reports 37 Pct Boost In Transport App Users

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FlixMobility is operating in 30 countries. FlixMobility launched in the United States in 2018, challenging popular companies like Greyhound, and now operates with 100 destinations from coast to coast. It also acquired Turkey’s leading bus provider Kamil Koc and long-distance coach service Eurolines. billion people.

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India Is Now World’s Second Largest Smartphone Market

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India has overtaken the United States to become the world’s second largest smartphone market. According to news from a report by Canalys , smartphone shipments in India grew 23 percent year over year in Q3 2017 to reach just over 40 million units, making the country the world’s second largest smartphone market after China.

Marketing 100