RE­TAIL

Arabian Business English - - CONTENTS -

Ma­jid Al Fut­taim an­nounces the ac­qui­si­tion of Beam Por­tal, the owner of mo­bile wal­let app, Beam

Re­tail gi­ant Ma­jid Al Fut­taim has an­nounced the ac­qui­si­tion of Beam Por­tal, the owner of mo­bile wal­let app, Beam. The deal grants Ma­jid Al Fut­taim own­er­ship of Beam’s IP rights, brand­ing, and e-wal­let ser­vices across the re­gion, rep­re­sent­ing a sig­nif­i­cant mile­stone in the com­pany’s dig­i­tal trans­for­ma­tion. Beam en­ables re­tail­ers to ac­cept pay­ments and en­gage with cus­tomers di­rectly through their smart­phones.

Newspapers in English

Newspapers from UAE

© PressReader. All rights reserved.