Sunday, May 26, 2019

Canadian payments tech company Nuvei Corporation to buy UK-Israeli company SafeCharge for $889M, amid ongoing consolidation in the electronic payments industry (Ruti Levy/Haaretz)

Ruti Levy / Haaretz:
Canadian payments tech company Nuvei Corporation to buy UK-Israeli company SafeCharge for $889M, amid ongoing consolidation in the electronic payments industry  —  Israeli Teddy Sagi will get $600 million from sale  —  SafeCharge International Group, a U.K.-Israeli company founded …



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Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third straight quarter of losses amid a food delivery price war (Tracy Qu/Wall Street Journal)

Tracy Qu / Wall Street Journal : Meituan reports Q1 revenue up 5.6% YoY to ~$13.5B, above ~$13.4B est., and a ~$1B net loss, its third st...