Tag "Paypal"

SoftBank to sell Freecharge at 50pc discount for $200mn: Report

By : CIOL Writers

SoftBank-backed digital wallet Freecharge could soon be sold for as low as $150-200 million, reports Economic Times. This value is merely 50 percent of what FreeCharge is worth. Reportedly, Alibaba-owned Paytm is one of the frontrunners to buy the mobile wallet platform owned

Morgan Stanley marks down Flipkart valuation to $5.37bn

By : CIOL Writers

In a fifth-consecutive markdown for India’s largest e-commerce startup Flipkart, a mutual fund managed by Morgan Stanley has marked the value of their Flipkart shares at $50.51 per share as of December 2016. This is down 3.1 percent from $52.13 per

PayPal reportedly in talks with Flipkart-owned PhonePe for funding

By : CIOL Writers

Flipkart’s PhonePe is in talks with global online payments giant PayPal to raise capital independently at a $500 million valuation, according to a Times of India report. Citing people in the know of the things, the report said that PhonePe

Indians spent Rs 58,370cr in cross-border shopping in past 12 months: PayPal report

By : CIOL Writers

Indian shoppers spent an estimated Rs 58,370 crore on shopping from other countries last year with lifestyle and clothing being the leading category at 54 percent followed by consumer electronics (43 percent) and cosmetics and beauty products (42 percent). According

PayPal announces Incubator Challenge for fintech startups

PayPal announced the launch of the fifth edition of the PayPal Incubator Challenge. Early-stage financial technology companies, including startups across the country specialising in loyalty, machine learning, big data and logistics, among others can compete for a spot in the

Facebook partners PayPal to provide additional payment option

By : CIOL Writers

After adding video and voice calling feature into its Messenger App, Facebook is set to feature additional payment option via PayPal. The integration of Paypal with Facebook and Messenger will allow customers to transact on Messenger using PayPal’s payment service.

Weekend cyber-attacks include Twitter, Spotify, PayPal and others

By : CIOL Writers

How the increasingly connected world is at high risk of cyber-attacks was once again proved last weekend when hackers targeted some of the world’s most popular websites including Twitter, Paypal, Spotify and other customers of an infrastructure company in New

PayPal promotes Anupam Pahuja as India MD

BANGALORE, INDIA: PayPal has promoted Anupam Pahuja as the Managing Director and Country Manager for India. Anupam has been with the company for over six years, heading technology for APAC. As the MD & Country Manager for India, Anupam will

Tech This Week: Bobbing up – Bitcoins, Missing-Plane signals and Whistleblowers at Oracle

By : Pratima Harigunani

INDIA: No matter if what happened this week was cryptic or clear, one thing is for sure;

PayPal helping techie women return to work from a career break

BANGALORE, INDIA: Today in India, close to 50% of women drop-out of work before they reach

How PayPal helps Canadian Nav Bhatia connect with loved ones in India?

CANADA: Technology has turned-around the life of Nav Bhatia, a Toronto-based Sikh entrepreneur who moved to

With a 30 percent salary hike, campus hiring reaches new high in TN

CHENNAI, INDIA: After a flat 2014, campus hiring has reached a new high this year in