Google makes first foray into credit business
The move marks the opening of a new front in the battle between the biggest internet companies, as they turn to their balance sheets as a source of competitive advantage. Amazon said last week that it had begun making loans to independent sellers that offer their products on its marketplace, marking the online retailer’s first move into financial services.
Google makes first foray into credit business - FT.com
Link: http://www.ft.com/intl/cms/s/0/55be35f2-1093-11e2-a5f7-00144feabdc0.html#axzz28hOQWlkf
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