Western Union (WU) & Tencent Partner to Expand Digital Reach [Yahoo! Finance]
Western Union Company (The) (WU)
Last western union company (the) earnings: 2/11 04:05 pm
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US:NYSE Investor Relations:
ir.westernunion.com/investor-relations/default.aspx
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Source: Yahoo! Finance
The company's partnership with Tenpay Global, the cross-border payment platform of Tencent's renowned Weixin, is aimed at providing flexibility for WU users to transfer money to China directly through Weixin Pay wallets. Customers can remit up to $5,000 per transaction. This move is a pivotal step forward for Western Union's ambitious Evolve 25 strategy aimed at amplifying digital growth and enhancing customer accessibility in the global money transfer landscape. By tapping into Tenpay Global's extensive network, Western Union is poised to streamline international money transfers and further improve customer convenience. This move comes at an opportune time as China is the third largest recipient of remittances in the world. Leveraging Tencent's expertise in digital payment solutions, Western Union aims to leverage China's thriving digital economy and cater to the needs of its tech-savvy population. The Weixin platform caters to 1 billion users, giving WU access to a vast user bas
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WU
News
- Western Union (WU) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
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- Are Investors Undervaluing Western Union (WU) Right Now? [Yahoo! Finance]Yahoo! Finance
- Are You a Value Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
WU
Earnings
- 4/24/24 - Beat
WU
Sec Filings
- 6/3/24 - Form 4
- 5/22/24 - Form 8-K
- 5/20/24 - Form S-8
- WU's page on the SEC website