logo
Plus   Neg
Share
Email

Carrefour Group Acquires Stake In Ewally - Quick Facts

Carrefour Group (CRERF.PK,CRRFY.PK,0NPH.L) has acquired a 49% stake in Ewally, a Brazilian startup specializing in digital financial services. Under the agreement, Carrefour has the option to acquire a controlling stake after three years.

Carrefour expects the strategic partnership with Ewally will allow to expand its payment and digital product and service distribution ecosystem in Brazil, in line with its digital transformation strategy.

Paula Cardoso, CEO of Carrefour e-Business Brazil, said: "With the startup's development of cutting-edge technology, we will democratize access to financial services for current and new customers, and introduce innovations in payment methods to our different formats."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Amity Packing Company Inc. is recalling around 2,020 pounds of raw ground beef products for possible plastic presence, the U.S. Department of Agriculture's Food Safety and Inspection Service stated. The agency said the products may be contaminated with extraneous materials, specifically clear, thin pliable plastic. The recall was initiated after Pre Brands LLC received two consumer complaints. Golden Pearl Trading Corp. is recalling certain ready-to-eat or RTE imported Siluriformes products that were produced without benefit of import inspection, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recall involves around 12,054 pounds of Siluriformes products that were not presented for import re-inspection into the United States. The U.S. Food and Drug Administration has granted accelerated approval to Tazverik for the treatment of adults and pediatric patients aged 16 years and older with metastatic or locally advanced epithelioid sarcoma not eligible for complete resection. Epithelioid sarcoma is a rare sub-type of soft...
RELATED NEWS
Follow RTT
>