21 August 2017
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Latest e-commerce news

DBS Bank launches online car selling marketplace
Retail banking

DBS Bank launches online car selling marketplace

11 August 2017  |  10412 views  |  4 comments | 13 tweets | 11 linkedin

Singapore's DBS Bank is taking advantage of new regulatory freedoms to launch an online marketplace for people to buy and sell cars.

Sberbank invests $500 million in e-commerce joint venture
Retail banking

Sberbank invests $500 million in e-commerce joint venture

09 August 2017  |  5184 views  |  0 comments | 5 tweets | 7 linkedin

Sberbank is to spend $500 million to take a 50% stake in Yandex.Market, the e-commerce venture operated by the Russian search engine.

Online retailer Overstock starts accepting Bitcoin Cash and Ethereum
Retail banking

Online retailer Overstock starts accepting Bitcoin Cash and Ethereum

09 August 2017  |  9359 views  |  0 comments | 13 tweets | 8 linkedin

American e-commerce retailer Overstock has doubled down on its cryptocurrency bet, adding Bitcoin Cash, Ethereum and Litecoin to Bitcoin as payments options for nearly four million products on its site.

Bread raise funds for online purchase financing service
Mobile & online

Bread raise funds for online purchase financing service

03 August 2017  |  5346 views  |  0 comments | 3 tweets | 6 linkedin

Bread, a startup that builds customisable pay-over-time financing options for online merchants, has raised $126 million in equity and debt financing.

Ant Financial targets Malaysia through CIMB JV
Payments

Ant Financial targets Malaysia through CIMB JV

26 July 2017  |  7097 views  |  0 comments | 4 tweets | 4 linkedin

China's Ant Financial is making a move on the Malaysian market, forming a mobile wallet joint venture with a subsidiary of local bank CIMB.

PayPal strikes deals with Chase and Citi
Mobile & online

PayPal strikes deals with Chase and Citi

21 July 2017  |  12954 views  |  0 comments | 10 tweets | 7 linkedin

PayPal has strengthened its ties to two of America's biggest banks, forming a comprehensive partnership with JPMorgan Chase and a rewards-focussed deal with Citi.

Diners can now pay for their TGI Friday's order through Amazon
Mobile & online

Diners can now pay for their TGI Friday's order through Amazon

20 July 2017  |  8262 views  |  0 comments | 10 tweets | 8 linkedin

Amazon is further extending its reach into the high street through a new feature that lets customers use its app to pay for in-store and order-ahead purchases.

Stripe adds global support for WeChat and Alipay
Retail banking

Stripe adds global support for WeChat and Alipay

10 July 2017  |  4149 views  |  0 comments | 14 tweets | 15 linkedin

Digital payments outfit Stripe is introducing global support for Alipay and WeChat Pay, connecting business customers to the hundreds of millions of Chinese consumers that actively use these payment methods.

Singapore to let banks move into e-commerce
Mobile & online

Singapore to let banks move into e-commerce

28 June 2017  |  10253 views  |  2 comments | 19 tweets | 38 linkedin

Singapore is changing its regulations to make it easier for banks to move into non-financial but complementary business areas such as e-commerce.

Visa invests in Klarna
Start ups

Visa invests in Klarna

27 June 2017  |  10628 views  |  2 comments | 24 tweets | 19 linkedin

Visa is set to buy a stake in Klarna as part of a planned strategic partnership with the Swedish payments firm focussed on pushing online and mobile commerce in Europe.

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