Google Self-Driving Car Project might be worth $70 Billion

“If we assume that Waymo can grow to 1% of global miles driven by 2030 (based on a fleet of three million cars each driving 65,000 miles a year) and that Waymo can generate on average ~$1.25 in revenue per mile driven, it implies a $70 billion Waymo enterprise value,” Nowak wrote. “More miles/year and revenue/mile could lead to an enterprise value of $140 billion.”

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Alipay Comes to America

Tim Cook’s worst nightmare then would be Walmart accepting Alipay but saying no to Apple Pay.

That would be a real coup for Ant because Walmart operates 4,672 stores in the United States; including 3,522 supercenters and 660 Sam’s Clubs. It might also force Apple and Alphabet to add QR code to their mobile wallets.

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Tim Cook: Apple Pay Grew by 450%

Tim Cook is hiding some important data about Apple Pay, for example he did not say how many users the digital wallet actually has. Cook’s omission of that important detail was deliberate; because it would show small Apple Pay’s footprint really is.

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The Strange Relationship between Apple Pay and Western Union

The growth is driven by millennials who are more likely to use digital payment solutions such as Venmo and less likely to have traditional bank accounts or credit cards. These people can get through their days with electronic solutions and cash but still need to receive funds from home and send the occasional money order.

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Does Square Make Money?

Square (NYSE: SQ) is one of those companies that looks like it would be a great value investment on paper.

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Chase buys CurrentC

Chase apparently plans to fold Current C into its digital wallet Chase Pay, Business Insider reported. Chase Pay is accepted only at Starbucks and Best Buy right now, but Walmart has plans to start taking it sometime this year. That will give Chase an advantage over Apple Pay and Android Pay, which Walmart refuses to take.

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Apple Pay at Starbucks, Ace Hardware, 2,091 Banks

Another major retailer Ace Hardware; which operates around 4,800 franchised stores in the United States, has started accepting Apple Pay. That gives Ace an edge over home improvement giants Home Depot and Lowes; neither of which accept Apple Pay. One has to wonder if this will force those retailers to start taking Apple Pay.

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Ant Financial; not Uber, is the World’s Most Valuable Unicorn

Ant Financial is potentially the world’s most valuable Unicorn and the next big IPO. Uber on the other hand end up as just a foot note in the history books or worse a bad joke. The future of Fintech and fantastic amounts of profit might just belong to Ant Financial and China.

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Payfully Hopes to Cash in on Gig Economy and Airbnb Lending

Payfully makes its lending decisions based upon Airbnb data. That way it makes loans to those with a track record of making of money on Airbnb. If the model works as advertised it will be able to identify potential borrowers with strong cash flow but poor credit ratings.

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Why Walmart is a Great Contrarian Play

A Walmart press release stated that use of the app increased by 45% during its first week of use. Walmart Pay is a potential cash cow because Ant Financial; the Alibaba Holdings’ (NYSE: BABA) spinoff that operates Ali Pay, has an estimated value of $60 billion.

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