Food

PayPal's $2.2 Billion Payments Acquisition Is Its Latest Swipe at Square

4 monthes ago   |   By

PayPal Holdings is buying Swedish small-business platform iZettle for $2.2 billion to expand in Europe and Latin America and increase its presence in brick and mortar stores.
"Small businesses increasingly want a full suite of capabilities across channels, a one-stop stop," Dan Schulman, chief executive officer of PayPal pypl
, said in an interview. "IZettle was the perfect fit in many ways."
The deal is the biggest ever for San Jose, Calif.-based PayPal and will help it compete with Square sq
, which made a name for itself by helping small businesses and food-truck vendors conduct credit...
Read more ...

 

Why Sweden's iZettle sold to PayPal for $2.2 billion rather than IPO

Why Sweden's iZettle sold to PayPal for $2.2 billion rather than IPO

4 monthes ago   |   By

The announcement just 10 days ago that Sweden's iZettle was planning to go public provoked cheers among European tech boosters, but that excitement proved to be short-lived. Instead of celebrating the rise of an independent tech company, we're watching yet another local startup be gobbled up by a U.S. tech giant. In this case, the deep...
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PayPal gains bigger in-store presence with $2.2B acquisition

4 monthes ago   |   By

SAN FRANCISCO - PayPal is buying financial services startup iZettle for $2.2 billion to expand its digital payment service into thousands of brick-and-mortar stores in Europe and Latin America. The deal announced Thursday marks the largest acquisition in PayPal's 20-year history and intensifies its competition with Square, a payment processor started by Twitter co-founder and CEO Jack Dorsey. Both PayPal and Square are vying to help mostly small- and medium-sized retailers process sales that aren't paid with cash.
Read more ...

 

PayPal's $2.2 Billion Payments Acquisition Is Its Latest Swipe at Square

4 monthes ago   |   By

PayPal Holdings is buying Swedish small-business platform iZettle for $2.2 billion to expand in Europe and Latin America and increase its presence in brick and mortar stores.
"Small businesses increasingly want a full suite of capabilities across channels, a one-stop stop," Dan Schulman, chief executive officer of PayPal pypl
, said in an interview. "IZettle was the perfect fit in many ways."
The deal is the biggest ever for San Jose, Calif.-based PayPal and will help it compete with Square sq
, which made a name for itself by helping small businesses and food-truck vendors conduct credit...
Read more ...

 

PayPal buys Swedish startup iZettle for $2.2 billion

4 monthes ago   |   By

The acquisition will allow PayPal to extend its platform to stores around the world - and 11 new countries.
Read more ...

 

PayPal agrees to buy European fintech startup iZettle for about $2.2bn

4 monthes ago   |   By

The deal, the largest in PayPal's history, sets up a showdown with Jack Dorsey's Square
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End of an era: Puppeteer who played Big Bird, iconic characters on 'Sesame...

End of an era: Puppeteer who played Big Bird, iconic characters on 'Sesame Street' retiring

The puppeteer says "I always thought, 'How fortunate for me that I got to play the two best Muppets?'" Read more ...

Naked man who jumped into shark tank, escapes before police arrive

Naked man who jumped into shark tank, escapes before police arrive

Toronto police officers first heard about the naked man swimming with sharks when they received a call from Ripley's Aquarium around 10:30 p.m. Read more ...

Police: Man hid heroin in 5-year-old's shirt, used boy as a shield during arrest

Police: Man hid heroin in 5-year-old's shirt, used boy as a shield during arrest

Police say the father grabbed the child and carried him against his chest as a shield. Read more ...

A History Of Donald Trump Believing Denials - When They Come From His Allies

A History Of Donald Trump Believing Denials - When They Come From His Allies

If you're a man who is on Trump's side politically, denying any accusations is a pretty good way to gain the support of the president. Read more ...

12-year-old boy electrocuted while climbing fence to retrieve ball at...

12-year-old boy electrocuted while climbing fence to retrieve ball at football practice

"This young man was where he needed to be. He was doing what he loved, he was doing what was tied to his passion, which was playing football." Read more ...

‘The Conners' fans outraged by how new show killed off Roseanne's character...

‘The Conners' fans outraged by how new show killed off Roseanne's character last night

Roseanne Barr also thinks the show went too far. Read more ...

Brewers, Dodgers tied after 9 innings in NLCS Game 4

Brewers, Dodgers tied after 9 innings in NLCS Game 4

LOS ANGELES - The Milwaukee Brewers and Los Angeles Dodgers are tied 1-1 after nine innings in Game 4 of the NL Championship Series. Read more ...

24-year-old man dies after falling from construction site in Moon Township

24-year-old man dies after falling from construction site in Moon Township

Incident happened on Tuesday Read more ...

Legal pot is here and one thing is certain: The world is watching us

Legal pot is here and one thing is certain: The world is watching us

ANALYSIS Canada today begins what has been called a social experiment or a cultural revolution. Call it what you will, the reverberations are unknown. The legalization of pot... Read more ...

$1 million Mega Millions ticket sold in Madisonville, Kentucky

$1 million Mega Millions ticket sold in Madisonville, Kentucky

A $1 million Mega Million ticket was sold in Madisonville, Kentucky, according to lottery officials. Read more ...