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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.

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Farfetch Raises $250M To Grow Luxury Fashion Platform

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Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco. Farfetch will use the capital to continue growing and expanding into new markets, particularly China. Tencent is helping the company reach the market through its WeChat platform. “We

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Red Flags Raised Over Potential NY Fed Appointment

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Williams, the president of the Federal Reserve Bank of San Francisco, is reportedly being tapped to replace the retiring president of the New York Fed, but at least one watchdog has problem with that. The Federal Reserve in San Francisco is in charge of supervising the financial institution.

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Lyft To Lay Off ~90 Sales And Marketing Employees

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The layoffs will hit about 90 people, and will consist of jobs in the marketing and enterprise sales departments. In the marketing arena, Lyft will be focusing on regional teams now, rather than state-by-state teams as it had previously. Lyft isn’t the only company to see setbacks.

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Santander InnoVentures Deepens Its Investment Expertise In North America

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According to a Fintech Finance report, Gottschalk will be based in San Francisco and will focus on strengthening the fund via investment opportunities in the region. Gottschalk comes to Santander InnoVentures from Blumberg Capital where he was principal for seven years based in San Francisco.

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African FinTech Chipper Cash Gets $6M To Enter New Markets

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The San Francisco-based company said it will use the money to expand its roster of employees and move into new regions. Chipper Cash moved into Nigeria in September, which is arguably the biggest market on the continent. Chipper Cash, which went live in 2018, raised $2.4

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NAR: High Prices Stifle October Home Sales

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The housing market is still hot, but we may be starting to see rising home prices hurting affordability.". Only the southern region of the U.S. saw encouraging expansion, “although each region achieved year-over-year gains in pending home sales transactions,” the announcement stated. "The NAR represents over 1.4

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