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Stock impact report

Western Union (WU) Leverages Adonis & OXXO Alliances for Growth [Yahoo! Finance]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The strategic partnership is expected to enable them to provide Western Union's services to consumers in Adonis Seville and Adonis Griffintown locations in Montreal. The move is expected to boost Western Union's footprint in Canada. The company continues to increase its penetration of the global cross-border consumer payments market. It divested its Business Solutions business to focus on this core operation. It provides services across more than 200 countries and territories and through around 130 currencies, which makes it a global heavyweight in the remittance space. It also announced that in Mexico, WU and its partner OXXO are reinforcing their cross-border remittance services to enhance their financial services offering. They are expected to implement a communication strategy within specific concept stores in Oaxaca, featuring Western Union services. This initiative will likely strengthen the longstanding partnership between WU and OXXO, spanning approximately eight years. Show less Read more
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