• Alibaba taps Kabbage to loan up to $150K to SMBs after it quietly acquired OpenSky to ramp in North America

    5 monthes ago - By TechCrunch

    Alibaba's long-term ambition to grow its business in the US is taking another step forward. To increase sales to US small businesses, the company has partnered with Kabbage , the Softbank-backed unicorn that provides loans to SMBs using big data and machine learning to determine eligibility faster than a traditional bank lender, to provide up to $150,000 of financing at the point of sale on Alibaba.com as part of a new program called Pay Later.
    The move comes on the heels of an interesting, if slightly older, piece of news: Alibaba quietly made an acquisition in the US last year to further...
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  • Amazon Back to Business sale: Deep discounts on Fitbit, Meeting Owl, and more

    5 monthes ago - By ZDnet

    This five-week-long shopping extravaganza includes several business deals for enterprise customers, SMBs, and professionals.
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