All eyes on the e-commerce market! Bogdan Chirițoiu, chief of the Competition Council in Romania said that, in 2017, more analysis of the e-commerce sector and the multiplay services will be carried on. “We are closely watching the electronic commerce from the perspective of the marketing strategies. We hope that a bigger costs transparency will bring better prices for the customers”. More details, on Capital.ro Alibaba is shopping MoneyGram, a US-based money transfer company, will be part of Alibaba. The Chinese group will buy the American company for 880 million dollars. MoneyGram’s global reach vastly outstrips that of Paytm or Ascend money, and Ant Financial said in a statement that it “will provide greater access, security and simplicity for people around the world to remit funds, especially in major economies such as the U.S., China, India, Mexico and the Philippines.” More at Techcrunch.com
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