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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.
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.
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. 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
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.
More supermarket companies are opting for this strategy over the bigger and remote distribution centers that the Peapod division of Koninklijke Ahold Delhaize NV and Kroger Co. with the help of Takeoff Technologies Inc. are building to make deliveries over broader areas. and South San Francisco, Calif.
More supermarket companies are opting for this strategy over the bigger and remote distribution centers that the Peapod division of Koninklijke Ahold Delhaize NV and Kroger Co. with the help of Takeoff Technologies Inc. are building to make deliveries over broader areas. and South San Francisco, Calif.
Adyen NV, a Dutch payments processor whose clients include Netflix Inc. and Spotify Technology SA, more than doubled in its trading debut in Amsterdam.
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. In other news, The Bank of Israel announced the launch last month of its first new financial institution in decades.
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
Regulatory pressure, in terms of policy changes and increased scrutiny, is forcing banks to seek technological changes and advancements to meet evolving regulatory and compliance requirements. IBM is committed to bring the newest and best advances in technology to tackle these challenges. New Approaches to Anti-Money Laundering.
Alexander Captain of Cat Rock Capital Management introduced Netherlands-based Takeaway.com NV. And with more millennials moving into the workforce, it’s likely that this age group will continue to invest in new technologies. Meanwhile, two other investors were focused on mobile food ordering.
Now, more than ever, the marriage between technology and finance is apparent. Enter, IBM Think 2018 , the premier business and technology event of the year that underscores and emphasizes the bond between business and technology. Looking forward, the line between the two will continue to intertwine. Somewhere in between?
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. and Fiat Chrysler Automobiles NV and is currently working off an order backlog of $24 billion. Harman will remain an independent subsidiary of the technology giant. for $8 billion in cash. s air-bag recalls.
Stop & Shop owner Ahold Delhaize NV announced plans earlier this week for putting more resources toward online shopping operations. It’s also investing in hand-held shopping technology, in addition to programs to make it easier for customers to pay from the store floor without having to see a cashier.
New methodologies and technologies such as artificial intelligence are empowering firms to finally gain control of their risk and compliance efforts. The event brings business and technology together and will give you access to industry leaders who know more about the newest, future-leaning, world-changing technologies than anyone else.
The LTP team has been actively following the investment activities in FinTech around the world for the last three months (January, February & March) and it’s time to sum up.
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