isa Commits to Strategic Investment in Klarna; Companies Plan Partnership Deal
Jun30

isa Commits to Strategic Investment in Klarna; Companies Plan Partnership Deal

Copenhagen, 30 June 2017: Visa and Klarna have announced they have reached an agreement for Visa to invest in Klarna, and intend to develop a future strategic partnership. Klarna is one of Europe’s fastest growing online payments companies, serving 60 million consumers and 70,000 retailers. The equity investment and planned partnership demonstrate Visa and Klarna’s shared vision to accelerate online and mobile commerce for the benefit...

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Gamma Partners with MediaMath to Increase Programmatic Ad Yield for Publishers in Asia Pacific
Jun30

Gamma Partners with MediaMath to Increase Programmatic Ad Yield for Publishers in Asia Pacific

Singapore, 30 June 2017: Gamma, a fast-growing Southeast Asia-based ad selling platform, has announced a partnership with MediaMath to deliver localised, highly-targeted ad inventory for advertisers. Advertisers will be able to programmatically target audiences across Gamma’s ecosystem of over 5,000 publishers in Southeast Asia for desktop, mobile, video and mobile applications, using specific metrics including age, gender,...

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Connected Consumers Driving Growth of Smart Devices in Asia Pacific
Jun29

Connected Consumers Driving Growth of Smart Devices in Asia Pacific

Kuala Lumpur, 29 June 2017: The consumer technology market in Asia Pacific (APAC) has grown tremendously over the past year, with the introduction of new technologies and advancements of existing technologies. One innovative product that is gaining popularity in the market is the action camera. More brands (from 2 brands in 2015 to 13 brands in 2016) that offer 360-degree features have entered the market. In the last 12 months,...

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Western Union Unveils Major Upgrade of Its Digital Payments Platform for International College Students
Jun29

Western Union Unveils Major Upgrade of Its Digital Payments Platform for International College Students

London, 29 June 2017: The Western Union Company, a leader in global payments services, has announced the launch of its enhanced WU® GlobalPay for Students product, which enables academic institutions to more efficiently reconcile, refund and track payments from international students. The platform is designed to help universities and colleges around the world simplify the reconciliation of incoming international payments, which can be...

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Rocket Internet to Sell its Remaining 8.8% Stake in Lazada to Alibaba
Jun28

Rocket Internet to Sell its Remaining 8.8% Stake in Lazada to Alibaba

Kuala Lumpur, 28 June 2017: Rocket Internet SE (“Rocket Internet”) has announced today it intends to sell its remaining 8.8% stake (fully-diluted) in Lazada Group S.A. (“Lazada”) to Alibaba Group Holding Limited (“Alibaba”) for USD 276 million, equating to an implied USD 3.15 billion valuation of Lazada. The transaction is the result of the exercise of the put-call agreement entered into in...

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