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It began facing further pressure after several major shareholders, including Warren E. Buffett, were leaning toward supporting InBev's offer.
Another factor in Venmo's decision could be that, more recently, it began facing competition from newcomer Zelle, the bank-backed mobile payments here in the U.S. which is forecast to outpace Venmo on users sometime this year, with 27.4 million users to Venmo's 22.9 million.
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It was forced to re-evaluate its plans after Diamond began facing criticism over questionable payouts to its walnut farmers.
In late 2011 he began facing large demonstrations against his government.
In the 1970s, for example, American car manufacturers began facing competition on their home soil for the first time.
Starting in the 1990s, he said, Japan's exporters began facing stiffer competition from other nations in Asia, particularly China.
Under the politics of xenophobia, ordinary northerners began facing daily harassment from the authorities, including the police and military.
Around this same time, HealthSouth began facing additional accusations of fraud.
Aristotelian physics began facing criticism in Medieval science, first by John Philoponus in the 6th century.
But Corinthian was among the hardest hit, and began facing extreme pressure from state and federal investigators.
But a month or so in, Occupy began facing an important dilemma that they have yet to resolve.
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