PayPal Agrees to Buy Xoom for $890 Million
By Connie Loizos Xoom, a San Francisco-based online money transfer technology and services company that went public in 2013, is being acquired by PayPal for $25 per share in cash or $890 million. The price represents a 32 percent premium over Xoom’s three-month volume-weighted average price. As stated in a PayPal-issued release about the tie-up, “Acquiring Xoom allows PayPal to offer a… Read More
Via: http://feedproxy.google.com/~r/Techcrunch/~3/KdVhnPuzT5U/
About author
You might also like
Alibaba Launches English Version Of Anti-Counterfeiting Tool
By Catherine Shu Chinese e-commerce giant Alibaba has launched an English-language version of TaoProtect, one of its counterfeit reporting system. Used on Tmall and Taobao (Alibaba’s top B2C and B2B
As Greece Stares Down Its Money Troubles, A Decisive Vote Looms
By Joanna Kakissis Greeks vote Sunday on a referendum that will determine the future of the country’s troubled economy and the question of whether Greece remains part of the eurozone.
Trump suggests he’s smarter than Rex Tillerson
WASHINGTON (AP) — President Donald Trump suggested he’s smarter than Secretary of State Rex Tillerson, saying in an interview published Tuesday that if Tillerson did call him a moron, as
