General Atlantic LLC and Warburg Pincus LLC, two U.S. private equity firms, acquired a 49 percent stake in United Arab Emirates-based payments processing company Network International LLC.
It’s a fall evening in Tokyo, and Nikesh Arora is supposed to be in two places at once.
Widespace AB’s software helps Coca-Cola and Disney pinpoint the right potential customers in Europe for mobile ads and tracks success to get the companies more bang for their money. Now the Swedish startup is seeking funding to take on Google and Facebook Inc. and carve out a niche for itself in the U.S., the world’s largest ad market.
Venture capital funds may play a bigger role in the EU’s quest to jump-start 75 billion euros ($80 billion) in investment funding for small and medium-sized businesses, EU Commission Vice President Jyrki Katainen said.
E-commerce startup Jet.com announced a $350 million cash infusion Tuesday led by Fidelity Investments, providing money to help the company attract customers during its first holiday shopping season.
NDP Group Chief Industry Analyst Marshal Cohen discusses brick-and-mortar and online retailing. He speaks on "Bloomberg Markets." (Source: Bloomberg)
As customers lined up outside of retailers in anticipation of Black Friday sales, consumers were already grabbing deals online and looking for sales targeted at Cyber Monday. Bloomberg's Spencer Soper examines the winners and losers with Matthew Shay, president and chief executive officer at National Retail Federation, and Bloomberg Gadfly columnist Shelly Banjo on "Bloomberg ‹GO›." (Banjo is a Bloomberg Gadfly columnist. The opinions expressed are her own.) (Source: Bloomberg)
Matthew Shay, president and chief executive officer at National Retail Federation, talks about retailers striking a balance of online and in-store sales and which segments of retail are attracting the most money from consumers. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
Matthew Shay, president and chief executive officer at National Retail Federation, and Bloomberg Gadfly columnist Shelly Banjo discuss consumer trends of this holiday shopping season and the negative impact of weather on recent retail sales. They speak on "Bloomberg ‹GO›." (Banjo is a Bloomberg Gadfly columnist. The opinions expressed are her own.) (Source: Bloomberg)
Dave Brandon, chief executive officer at Toys R Us, discusses the holiday shopping season, the impact of "Star Wars" offerings, the changing nature of how customers approach retail with digital media and the importance of staying true to their brand. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
Future of the Living Room
Walt Disney Co. dropped as much as 3.5 percent after reporting a decline in ESPN subscribers, reviving concerns about shrinking demand for traditional cable TV packages and dragging down media stocks.
U.S. stocks fluctuated in a shortened post-Thanksgiving trading session, as energy companies dropped with oil prices and Walt Disney Co. led declines in media shares.
Naspers Ltd., Africa’s biggest company by market value, is planning to expand its video-streaming competitor to Netflix Inc. into three new continents next year while Samsung Electronics Co. has agreed to include the service on its smart TVs, according to a person familiar with the matter.
Emerging-market stocks gained for the first time this week, led by technology companies and raw-material producers, as commodity prices extended a rebound.
Amazon.com Inc. will soon let viewers of its Prime Instant Video service tap into other on-demand networks, according to people with knowledge of the plans.