PYMNTS-MonitorEdge-May-2024

Expansion

The action of becoming larger or more extensive. Expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak.

Source: investopedia.com

Accuity To Power GoCardless’ Recurring Payments Expansion Into US
Accuity To Power GoCardless’ Recurring Payments Expansion Into US
December 09, 2019  |  B2B Payments

Global FinTech GoCardless entered into a collaboration with payments firm Accuity to launch a seamless way for businesses to collect payments in the U.S., the...

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Walmart To Open 500 New China Locations
Walmart To Open 500 New China Locations
November 21, 2019  |  Walmart

Walmart will expand aggressively in China, with a plan to add 500 new locations in the country over the next half decade or so, according...

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Digital Disruption Meets Automotive Repairs
Digital Disruption Meets Automotive Repairs
November 18, 2019  |  Innovation

It’s a cliché (but a true one) to say that the automotive world, and the culture attached to it, is undergoing a massive, historic change...

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Egyptian Transit App Swvl Plans Global Expansion
Egyptian Transit App Swvl Plans Global Expansion
November 12, 2019  |  Mobile

Egyptian mobility startup Swvl will be expanding into the Philippines, Indonesia and Bangladesh by the end of 2020. Launched in Egypt in 2017, Swvl operates...

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Gojek’s New Co-CEOs Plan For Dual Listing, Expanded Market Share
Gojek’s New Co-CEOs Plan For Dual Listing, Expanded Market Share
October 24, 2019  |  IPO

Gojek, an Indonesia-based ride-hailing and payments company, has said it’s getting ready for a dual listing, and it’s looking for a larger share of the...

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WEX CEO Prepares For Outcome Of 2020 Election
WEX CEO Prepares For Outcome Of 2020 Election
October 21, 2019  |  B2B Payments

CEO Melissa Smith of commercial payments company WEX said that the firm is “bracing for volatility” in 2020. In an interview with Bloomberg, Smith noted...

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Deliveroo Expansion Triggers Big Revenue Growth, Losses
Deliveroo Expansion Triggers Big Revenue Growth, Losses
October 02, 2019  |  Delivery

Food delivery company Deliveroo saw huge revenue growth in 2018, but its losses also grew as it expanded and poured money into new areas and...

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Deutsche To Invest Billions In Automation, Analytics
Deutsche To Invest Billions In Automation, Analytics
October 01, 2019  |  Investments

German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report...

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IKEA To Accelerate China Expansion
IKEA To Accelerate China Expansion
September 23, 2019  |  Retail

Following a slowdown in sales growth in the country, IKEA is making its largest annual investment in China. The furniture retailer is putting over $1.4 billion into...

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