Dec 23, 2013 (Mon): The online payment provider Klarna AB from Sweden has announced its acquisition of SOFORT AG, a payment company from Germany. After they combined, they will have a 10 percent share of the USD100 billion ecommerce market in which they operate, with 25 million users and 43,000 online merchants. The transaction is subject to approval by the Swedish Financial Supervisory Authority.
Top News
- Mastercard and CrescentRating Release Inaugural Muslim-Friendly Cruise Report 2024
- Sophos Reveals Global Surge in DeFi Savings Scams by Sha Zhu Pan Scammers
- Google's ChromeOS Flex to Extend Lifespan of Windows Devices Amid End of Support Concerns
- TNG eWallet Launches GOProtect
- Shopee Expands Influence in Brazil with Strategic Acquisition of Blu's Local Credit Arm
- Kaspersky Study Unveils Alarming Rise in Cyber Incidents Due to Shadow IT Usage
- Navigating Chinese New Year Online Shopping, Tips for a Prosperous Experience
- Malaysian SMEs Set for Growth in 2024 Despite Challenges, Says Employment Hero Report
- Funding Societies Secures Major Investments to Propel MSME Financial Inclusion and Expansion Across Malaysia
- HPE Unveils Advanced HPE GreenLake for Block Storage