International News

PayPal Holdings, Inc. has  announced that it has agreed to acquire Paidy, a payments platform and provider of buy now, pay later solutions in Japan, for US $2.7 billion, principally in cash. The acquisition is expected to expand the...

Capillary Technologies, today announced the acquisition of Minneapolis-based customer experience (CX) company, Persuade. A brand with over thirty years of expertise, Persuade will expand Capillary’s presence in North America and strengthen its position globally.  “We are absolutely thrilled to join...

Brazilian e-commerce platform Nuvemshop has become the latest unicorn startup in Brazil after raising a $500 million Series E round of funding. The round was led by Insight Partners and Tiger Global Management, with significant participation from Alkeon, and...

As the e-commerce trends continue to improve worldwide ahead of the pandemic. The Global Data reports stated that South Korea's e-commerce market ranked among the top e-commerce marketplace. The report also stated that the country will reach KRW/263.5 trillion...

As per media sources, Walmart is planning to hire a cryptocurrency expert as a warmup to a blockchain strategy the company is planning to put to action. Recently, Walmart also topped the Fortune Global List. The retail giant is moving...

Google has recently announced changes in their products and policies for its entire suite of offerings. These changes have been brought in keeping the minors and children in mind. Based on these changes, young people can now browse in...

YouTube, is all set to launch its global campaign pushing into a larger market by focussing more on Gen-Z fans and creators. The company launched a global campaign by introducing the world to the “shorter side of YouTube”.   The Youtube...

German sports giant, Adidas has made it official that it has entered into a definitive agreement to sell Reebok to Authentic Brands Group (ABG) for a total consideration of up to € 2.1 billion, with the majority to be...

Britain John Lewis Partnership has announced that it has signed a deal to lease a 1 million square foot distribution centre from supermarket group Tesco to help meet growing online demand, with the creation of 500 jobs. Digital now accounts...

Germany’s popular meal-kit delivery firm HelloFresh has announced that it will enter Japan, its first Asian market, and Italy by the end of the year, as it plans to tap into robust demand across regions following a strong second...

The COVID 2nd wave related disruptions significantly impacted Trent’s operations during Q1. The company reported that their fashion business (Westside and Zudio) operated for 46% of the trading days, up from 26% in the corresponding previous period. However, by the...

Square Inc., is planning to acquire Afterpay, an Australian 'Buy Now, Pay Later' company. Square has agreed to acquire all of the issued shares in Afterpay by way of a recommended court-approved Scheme of Arrangement. The transaction has an implied...

Levi Strauss & Co. has announced that they have signed a purchase agreement for the sale of Beyond Yoga to LS&Co. The company hasn’t disclosed the size of the all-cash deal, however the deal is expected to close in...

Fortune Global List, which ranks 500 top companies based on their annual revenues every year, has just released their recent rankings. Walmart got placed at the Numero Uno position, with the company revenue of 524 Billion dollars, followed by...