Singapore FinTech MatchMove To Acquire Stake In eCommerce Firm Shopmatic
Singapore FinTech MatchMove To Acquire Stake In eCommerce Firm Shopmatic
March 31, 2020  |  Partnerships / Acquisitions

FinTech firm MatchMove has struck a deal to acquire a “strategic stake” in eCommerce solutions company Shopmatic, according to reports. Financial details of the acquisition...

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China’s Pinduoduo Raises $1.1B In Private Placement
China’s Pinduoduo Raises $1.1B In Private Placement
March 31, 2020  |  Investments

Despite the world’s markets being crippled by the coronavirus, Pinduoduo Inc., the Chinese eCommerce company, said on Tuesday (March 31) that it has raised $1.1...

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Retail Sales Crater In Hong Kong With Social Distancing, Travel Limitations
Retail Sales Crater In Hong Kong With Social Distancing, Travel Limitations
March 31, 2020  |  Retail

As retail sales fell with increasing social-distancing policies and travel limitations , companies and retail stores in Hong Kong snapped under the COVID-19 outbreak last...

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Signs Of Life In The Online Car Space
Signs Of Life In The Online Car Space
March 31, 2020  |  Retail

While the online car sales business has struggled like most non-essential retailers amid the coronavirus pandemic, there are signs of life, according to new research...

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The Antiques Market Bids Heavy On eCommerce
The Antiques Market Bids Heavy On eCommerce
March 31, 2020  |  Retail

If there’s any industry that has been slow to transition online, it’s antiques. It’s the nature of the business that before someone spends a fair...

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Small Businesses Shift Their Outlook With The Coronavirus
Small Businesses Shift Their Outlook With The Coronavirus
March 31, 2020  |  Today In Data

For most small businesses, the decade began with optimism, but it would take only three weeks for that thinking to change as consumers began to...

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New Stimulus Package Doesn’t Look Promising For Retail
New Stimulus Package Doesn’t Look Promising For Retail
March 31, 2020  |  Retail

Non-essential retail needs help from the federal government and it doesn’t look like its coming. That’s the prevailing sentiment as all signs point to the...

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Retail Chains Furlough Workers Amid COVID-19 Shutdowns
Retail Chains Furlough Workers Amid COVID-19 Shutdowns
March 31, 2020  |  Retail

Amid lengthened measures to keep COVID-19 from spreading, some of the country’s biggest retail chains have been forced to put workers on a leave of...

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Coronavirus Closures Affect 630K Retail Businesses
Coronavirus Closures Affect 630K Retail Businesses
March 31, 2020  |  Retail

The retail closures related to the coronavirus have been a death knell for an already struggling retail industry, and many companies might not make it...

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