Fandango is acquiring rival online ticketer MovieTickets.com

 A consolidation in the advance movie ticketing space is happening today, with Fandango’s announcement that it’s acquiring rival MovieTickets.com for an undisclosed sum. The deal, which is expected to close before year-end, will help Fandango expand its international footprint, particularly in Latin America, as well as bring new cinemas to its ticketing platform. Headquartered in……

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Netflix rival iFlix reveals its first original content series for emerging markets

 Fresh from raising $ 90 million from investors in March, iFlix, a Netflix-like service for emerging markets, has announced its first slate of original content. The Malaysia-headquartered business claims five million registered users across 10 countries — it recently branched out into Africa and the Middle East — for its service which costs around $ 3 per month…

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Lenín Moreno se impone en las elecciones de Ecuador ante un rival que impugnará el resultado

El candidato del movimiento Alianza PAIS a la Presidencia de Ecuador, Lenín Moreno, se ha impuesto en las elecciones celebradas este domingo en el país sudamericano con un 51,07 por ciento de los votos, según los primeros resultados oficiales. Los datos, publicados por el Consejo Nacional Electoral y correspondientes al 94,18 por ciento del recuento,…

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Uber rival Grab makes first major acquisition to build out its payments platform

 Grab, Uber’s biggest rival in Southeast Asia, has completed its first major acquisition after it bought up Indonesian startup Kudo to boost its nascent mobile payments platform. Neither party is giving a figure for the size of the deal, which was first rumored in February. Initial reports at the time suggested Grab would pay over $ 100…

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