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Indonesia Levies 10 Pct Tax On Sales From Tech Firms

PYMNTS

The Southeast Asian country’s national tax office announced it will impose a 10 percent value-added tax (VAT) on foreign global technology companies as the nation looks for ways to defray the costs of battling the economic effects of the COVID-19 pandemic, Reuters reported. The country’s total budget for 2020 is $177.6

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Google Testing Same-Day Delivery In San Francisco

PYMNTS

Google is getting into the grocery delivery market, with NBC News reporting that it is testing a same-day delivery service that will bring food and other online orders to consumers’ doorsteps. If the test is successful, Google told NBC News it could expand into other markets. “We

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Amazon Tracker: Cities Clamor To Become Amazon’s Home Away From Home

PYMNTS

Forbes reported the eCommerce giant expects to outgrow what its Seattle headquarters can support. Therefore, cities and states are willing to offer ridiculous terms and benefits, including massive tax breaks. If it’s a marketing ploy, it’s working: More than a dozen cities are already vying to become Amazon’s home away from home.

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The Lebron Effect On Payments

PYMNTS

According to reports, store number two will also be in Seattle, about a mile from the first location. Amazon said it is “excited to bring Amazon Go to 920 5th Avenue in Seattle” for those who couldn’t quite travel that last mile. The company also said its market share is over 40 percent in 16 U.S. Bixby Gets Sporty.

Samsung 110
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What’s Next For Real Estate In Amazon’s HQ2 Cities?

PYMNTS

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., billion refundable tax credit is reportedly based on the “percentage of salaries Amazon expects to pay employees over the next decade, or $48K per job for 25K jobs.”

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Can Atari Turn Nostalgia Into New Hotel And Gaming Success?

PYMNTS

Even so recent news does show that the brand — now owned by a France-based operation after Atari all but faded out after the late 1970s and early 1980s video game craze and the massive industry crash that followed — is making a play to take part in the emerging trend of making hotels more attractive to gaming-minded consumers.

Georgia 131
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Brothers Patrick and John Collison founded Stripe in 2010 in an attempt to gain share in online payments, a then-nascent market with seemingly boundless growth opportunity. Market opportunity. Sigma aims to streamline business operations. Stripe is ramping up its private market investments. TABLE OF CONTENTS.

Online 98