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International Business

  • EBay strives for diversity

    San Jose, Calif. – EBay Inc. has released its 2014 diversity report. The online auction retailer, whose global workforce is 58% male and global workforce is 61% white, says it has made improvements in workforce diversity but still has progress to make.

    EBay’s global leadership is 72%, while its global technology wotkforce is 76% male. The non-tech workforce is much more gender-diverse, with a slight 51% male majority.

  • Kurt Salmon adds Asian expertise

    Retailers and suppliers who already operate in China or are looking to expand there may want to contact Kurt Salmon following several key hires by the consulting company.

    The management consulting firm’s Retail and Consumer Products Group in China said it hired Hao Li and Ke Chen as partners.

  • Rakuten launches global scholars program

    E-commerce site Rakuten is expanding its corporate social responsibility efforts with several scholarship opportunities in Japan and around the world.

    The cornerstone of its new efforts is its Global Citizens Summit, which will bring together 24 students from around the world at Boston’s Harvard Faculty Club from Aug. 2 to 9. The summit is being hosted with assistance from nonprofit Global Citizens Initiative, which works to build leaders among students, and the participants will meet throughout the week to discuss global issues.

  • BitPay woos businesses with new pricing plan

    BitPay, a payment service provider (PSP) specializing in e-commerce, B2B and enterprise solutions for the bitcoin digital currency, has unveiled a new pricing plan that offers basic payment processing free, forever.

    The company is hoping to leverage the pricing plan to woo businesses into accepting bitcoin for goods and services.

  • Indian e-commerce provider Flipkart receives $1 billion funding

    Bangalore, India – Indian e-commerce platform Flipkart has received about $1 billion in funding from investors including existing backer Tiger Global Management, as well as new stakeholders Morgan Stanley and Singapore-based sovereign wealth fund GIC. Flipkart operates as an online marketplace for 3,000 individual merchants, similar to China’s Alibaba.com.

  • Bill Me Later becomes PayPal Credit; goes global

    San Jose, Calif. – PayPal is rebranding its Bill Me Later online credit service as PayPal Credit. PayPal says it is making the name change as it moves credit more towards the center of our business, aligning it more closely with the overall brand.

    In addition, PayPal plans to introduce PayPal Credit to the U.K. and Germany, based on requests from customers and retailers. The company also plans to expand PayPal Credit to other markets in the future.

  • Couche Tard buys 55 Super Pantry stores in Illinois, Indiana

    Laval, Canada - Alimentation Couche-Tard Inc. will acquire 55 Super Pantry convenience stores and related assets from Tri Star Marketing Inc. Fifty-one of the stores are located in the state of Illinois ,and four stores located in the state of Indiana. These stores offer Phillips 66 and Mobil branded motor fuel.

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