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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.
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.
billion) for its investors in the biggest technology IPO in Europe so far this year. The company won’t receive any proceeds from the IPO, which implies a market capitalization of €7.1 Volatile stock markets and political uncertainty has made it challenging for other Europe-based companies to sell shares.
The digital bank is led by entrepreneurs Marius Nacht of cyber security company Check Point Software Technologies , and Amnon Shashua of autonomous driving developer Mobileye NV. The Bank of Israel is green lighting a new digital bank — the country’s first new financial institution in decades.
Upstream Security wants to leverage the software market to protect vehicles from cyber-carjacking. The digital bank is led by entrepreneurs Marius Nacht of cybersecurity company Check Point Software Technologies, and Amnon Shashua of autonomous driving developer Mobileye NV.
When it comes to stock market picks, Wall Street investors are placing their bets on the buying power of the millennial generation. Alexander Captain of Cat Rock Capital Management introduced Netherlands-based Takeaway.com NV. Meanwhile, two other investors were focused on mobile food ordering.
Texas-based grocery chain H-E-B , in one case, is rolling out a new app that the company says is one of many technologies that it will use “to enhance its digital services to better meet the evolving needs and expectations” of online and in-store customers. In Other Brick-and-Mortar Retail News. Albertsons Cos.,
The big buy of the Connecticut-based firm instantly vaults Samsung into the world of automotive technology in a big way. Harman’s entry into the market — 63 years ago — was as an audio pioneer, though in recent years that has expanded under Dinesh Paliwal into a broader-based supplier relationship. s air-bag recalls.
The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. Stop & Shop owner Ahold Delhaize NV announced plans earlier this week for putting more resources toward online shopping operations. Kroger’s digital sales shot up 92 percent in Q1, PYMNTS reported.
Faced with massively escalating data volumes, exponentially growing regulatory requirements, legacy risk and IT systems that just aren’t up to the new reality and increasing market pressure to improve performance, something has to change. Think is the event where the problems of tomorrow meet the minds of today.
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