[INSIDERS] The 5 Tech Info You Shouldn’t Miss

by bold-lichterman

  • Alibaba takes control of Indian Paytm.
  • NBCUniversal invests $ 500 million in Snap.
  • Spotify surpasses the 50 million paying subscriber mark.
  • How can digital support local consumption?
  • The nominations: Luc Barnaud, Xavier Guérin, Maud Bailly…

zhang-alibaba-Ali Baba pursues its internationalization strategy. Chinese e-commerce giant led a $ 200 million funding round in Paytm, an Indian mobile payment and e-commerce platform. This operation allows Alibaba to take control of Paytm up to 60%. In detail, the group led by Daniel Zhang invested $ 177 million in the Indian start-up. The remaining $ 23 million comes from SAIF Partners.

The funding should allow Paytm to develop its e-commerce activity, which the start-up decided to split from its payment unit last year. By increasing its hold on Paytm, Alibaba is strengthening its position in the Indian e-commerce market in the face of competition from Flipkart and Amazon.

Read also: By investing in Paytm, Alibaba is betting on mobile payment in India

SnapchatScheduled for several months, the IPO of Snap, the company that publishes Snapchat, was eagerly awaited by American Tech. On the occasion of its IPO, Snap managed to raise $ 3.4 billion on the financial markets. Among its investors, the parent company of Snapchat now has NBCUniversal.

The American media conglomerate, a subsidiary of Comcast, has indeed revealed that it has invested $ 500 million in Snap. To date, NBCUniversal is the only US media company that has an official stake in Snap. The day after its IPO, the company created by Evan Spiegel and Bobby Murphy saw its market capitalization exceed $ 28 billion.

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Spotify keeps seeing his community grow. The music streaming platform has indeed announced, via a tweet, to have crossed the bar of 50 million paying subscribers.

Since September 2016, the Swedish company has gained 10 million new subscribers, an increase of 25% in less than 6 months. At the start, it had taken more than 6 years to pass the milestone of 10 million users.

Read also: Spotify Gained 10 Million Paid Subscribers In Six Months

Are digital tools and local consumption totally incompatible? This is the question that the Mes courses pour la planet observatory wished to answer in its study “The French, local consumption and digital technology”, carried out in partnership with SoLocal. In particular, we learn that French consumers use the Internet to find out about local shops, and in particular to locate them.

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** Study carried out between 12/21/2016 and 01/12/2017, with 2,635 people representing the French population.

luc-barnaudLuc Barnaud appointed chief digital officer of Natixis

Luc Barnaud arrives at Natixis as chief digital officer. As part of his new functions, he will have to develop the digital plan of the company. Luc Barnaud was previously director of partners and mobile operators at Orange France.

xavier-guerinXavier Guérin becomes Vice-President Western Europe Datastax

The NoSQL database provider Datastax announces the arrival of Xavier Guerin as Vice-President Western Europe. He previously held the management position at MapR.

maud-baillyMaud Bailly arrives at AccorHotels as CDO

Maud Bailly has just been appointed CDO of AccorHotels group. In her new role, she will be responsible for the digital transformation of the group. Maud Bailly was previously head of the economic pole, in charge of budgetary, fiscal, industrial and digital affairs at the Office of the Prime Minister, Manuel Valls.