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PayU Acquires Wibmo To Grow India Business

PYMNTS

To help grow its business in India, Naspers-owned PayU has acquired U.S.-based The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports. He added that “PayU is very bullish on India as a market.”. based Wibmo. The firm has also invested in FinTech startups.

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Apparel, Embracing Digital, Drives Innovation In Retail

PYMNTS

For Chennai, India-based women’s fashion brand eShakti – to take one recent example – making it easier for customers to rectify fashion purchase errors (or avoid them in the first place) is a good start. Customers on Walmart.com can access styles from brands like C&C California, Butter Super Soft, Puma and BCBG.

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Uber Ups Its Game With Scooters

PYMNTS

And the report noted that Lime has now added Uber branding to its scooters in those two cities. Mobike laid off its teams in Asia Pacific countries, according to a recent report , and those teams were made up of about 15 full-timers plus contractors through India, Thailand and Malaysia, among other countries.

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AI And A Consumer’s Curated Path To Purchase

PYMNTS

In Africa, China, Latin America and India, one finds the same thing as in North America and Europe: an increasing penetration of mobile-savvy customers expecting not only to get whatever they want, whenever they want, but also for it to be an easy and straightforward process.

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Transcript: Albert Wenger

Barry Ritholtz

ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, what can I say, I have yet another extra special guest, Albert Wenger, managing partner at Union Square Ventures. With no further ado, my conversation with Union Square Ventures’ Albert Wenger.

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Transcript: Benjamin Clymer & Jeffery Fowler, Hodinkee

Barry Ritholtz

And it’s turned into a $100 million business with incredible investors and just a huge brand on the internet. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ ANNOUNCER: This is Masters in Business with Barry Ritholtz on Bloomberg Radio. Jeff Fowler has been CEO of the company for just about two years.

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