Xoom Corp
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How Does Xoom Work and How Long Do Transfers Take?
Xoom is a global money remittance services. Xoom is designed to appeal to people seeking fast, secure, and low-cost international money transfer.
Eminence Capital raises its position in Xoom
Increased mobile adoption of Xoom’s mobile products led Latin America revenue, which rose 48% YoY. Gross sending volume increased 29% YoY.
Analyzing Eminence Capital’s 13G filings
In 3Q14, Eminence Capital’s portfolio increased slightly to $6.83 billion, compared to $6.05 billion in the second quarter.
TIBCO Software gets reduced position in Eminence Capital
On December 5, 2014, Vista Equity Partners completed the acquisition of TIBCO for $4.3 billion, or $24 per share, in a cash transaction.
