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Fintech Adyen’s Shares Jump as Sales Beat Estimates

Bank Innovation

Adyen NV reported a 54% rise in second-half net revenue, beating analysts’ estimates as the fintech darling continues to deliver on rapid growth. and Spotify Technology SA, posted €192.5 The Dutch company, which processes payments for Netflix Inc., million ($219 million) in net revenue for the six months ended December.

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PayU's India unit seeks IPO within next 12 months

The Paypers

The Indian unit of Prosus NV’s PayU financial technology firm has stated it is seeking an initial public offering within the next 12 months.

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Ahold Delhaize Bolsters Investment In eCommerce

PYMNTS

As COVID-19 leads more customers to purchase groceries through the web, Stop & Shop owner Ahold Delhaize NV is putting more resources toward online shopping operations. In addition, the retailer is increasing spending on hand-held shopping technology in addition to programs to assist shoppers in stores to pay while avoiding the cashier.

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Adyen doubles in debut in year's biggest European tech IPO

Payments Source

Adyen NV, a Dutch payments processor whose clients include Netflix Inc. and Spotify Technology SA, more than doubled in its trading debut in Amsterdam.

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Yandex, The Russian Google, Has 15-Minute Grocery Delivery 

PYMNTS

Russia’s biggest technology firm, Yandex NV, launched an online service that uses bike couriers to bring groceries to Moscow residents in 15 minutes, Bloomberg reported on Tuesday (Jan. The free service, called Lavka, stocks roughly 2,000 items and plans to operate as a digital convenience market for items like toothpaste and condoms.

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Atos bids $5.1 billion for Gemalto

Payments Source

billion) unsolicited bid for Gemalto NV with the backing of the French state’s investment bank, seeking to create a European leader in cybersecurity, digital technologies and payment services. Atos SE made a 4.3-billion-euro billion-euro ($5.06

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Adyen Shares Start Trading At 67 Percent Above IPO Pricing

PYMNTS

billion) for its investors in the biggest technology IPO in Europe so far this year. ABN Amro Bank NV , BofA Merrill Lynch and Citigroup were appointed as joint bookrunners. Share were selling at more than €500 ($589). Trading of Adyen shares took place on Amsterdam’s Euronext exchange. The company had raised €947 million ($1.1

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