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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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Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

PYMNTS

Participating merchants will be able to reach potential buyers from China as well as India, Brazil and Canada. Demand has been slumping in China for Apple products, in part because of the hefty price tag. By contrast, Amazon charges third-party sellers by the month or per item. Weaker Demand.

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Costco’s New China Retail Move Highlights Broader Trends

PYMNTS

Participating merchants will be able to reach potential buyers from China as well as India, Brazil and Canada. Demand has been slumping in China for Apple products in part because of the hefty price tag. By contrast, Amazon charges third-party sellers by the month or per item. Weaker Demand.

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Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

JENNY JOHNSON, PRESIDENT AND CHIEF EXECUTIVE OFFICER, FRANKLIN TEMPLETON: Thank you Barry, it’s great to be here. You were in the office by a lot of people get up at … RITHOLTZ: 9 a.m. I don’t see a lot of other mergers in the finance space that are that hands-off. Jenny Johnson, welcome to Bloomberg.

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Transcript: Albert Wenger

Barry Ritholtz

And Joshua added tags to that, and so you could browse things by tags. WENGER: Well, I was basically hanging out at the USV offices after the sale of del.icio.us So you know, Sequoia just opened a New York City office. And the book starts with a devastating heat event in India, where tens of millions of people die.

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