Headlines

Walmart’s Flipkart is quietly building a food delivery challenger in India

Flipkart, the Walmart-owned Indian e-commerce giant, is preparing to challenge India’s food-delivery duopoly of Zomato and Swiggy. It is entering a fiercely competitive market that has defeated even previous attempts by Amazon and Google to break in. The Bengaluru-based company is testing its food-delivery service internally and has expanded the trial from a few hundred…

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Blackrock Files for Bitcoin ETF Designed to Limit Investor Losses

Key Takeaways Blackrock files for the Ishares Bitcoin Managed Protection ETF (PBIT). The strategy targets an initial 10% loss threshold per tranche, not a guaranteed limit for shareholders. Investors would sacrifice some potential gains in exchange for downside protection. Blackrock Proposes Bitcoin ETF With Built-In Downside Protection Bitcoin investors could gain access to a new…

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Circle cites 175+ institutions as CPN wins Money20/20 payments bronze

Circle has cited more than 175 financial institutions helping build Circle Payments Network after the stablecoin payments service won bronze in the Payments category at the Money20/20 Money Awards. Summary Circle cited 175+ financial institutions supporting CPN after winning bronze at the Money20/20 Money Awards. Earlier disclosures listed 175 enrolled institutions, without establishing how many…

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