Tuesday, August 29, 2023

Swedish payments company Trustly acquires French recurring payments service SlimPay, sources say for €70M; Trustly shelved IPO plans in 2021 (Aisha S Gani/Bloomberg)

Aisha S Gani / Bloomberg:
Swedish payments company Trustly acquires French recurring payments service SlimPay, sources say for €70M; Trustly shelved IPO plans in 2021  —  Swedish payments firm Trustly has acquired the French recurring payments platform SlimPay as it continues its Europe-wide expansion.



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Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism of Chinese tech companies' work culture (Financial Times)

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