PYMNTS-MonitorEdge-May-2024

citic

eBay Expands Cross-Border Logistics Network With New Joint Venture
eBay Expands Cross-Border Logistics Network With New Joint Venture
March 08, 2018  |  Retail

Online retailer eBay has launched a joint venture with a unit of Citic Private Equity Funds Management Co. Ltd., eyeing a boost to cross-border logistics...

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AI Cybersecurity Darktrace Valued at $825M After $75M Round
AI Cybersecurity Darktrace Valued at $825M After $75M Round
July 12, 2017  |  Security & Fraud

New cyber threats have shoved legacy antivirus systems into obsolescence. Polymorphic malware changes its profile as it attacks, sliding around pattern recognition-based defenses. Cyber defense...

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PYMNTS Daily Data Dive: McDonald’s China Sale
PYMNTS Daily Data Dive: McDonald’s China Sale
January 11, 2017  |  Daily Data Dive

McDonald’s Corp. has reached a pact to sell most of its China- and Hong Kong–based operations to Citic, the Chinese state-backed entity, along with Carlyle...

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McDonald’s Sells Chinese Ops In $2B Deal
McDonald’s Sells Chinese Ops In $2B Deal
January 10, 2017  |  Retail

Fast-food giant McDonald’s Corp. has reached a pact to sell most of its China- and Hong Kong–based operations to Chic, the Chinese state-backed entity, along...

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