Did China’s Alibaba have the largest IPO in history? Maybe. Shares priced at $68 a pop and it had a market capitalization of $168 as it kicked off trading on the NYSE. This would bring the total amount raised by Alibaba’s IPO to $21.8–and a...
It’s clear that Apple has a tremendous amount of influence when it comes to consumers and their technology, a path SecureNet’s CEO Brent Warrington, says consumers are quite comfortable traveling. But Warrington tells MPD CEO Karen Webster that getting into payments is a much bigger...
E-Commerce platform WooCommerce has added LevelUp as a mobile payment option to cut merchants’ payment processing costs, the companies said in a news release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Walmart’s ambitions to be a viable B2B supplier in India continue to grow, as two more of the megaretailer’s Best Price Modern Wholesale stores are set to add eCommerce-service support, in Guntur and Vijayawada in Andhra Pradesh. The stores reportedly will begin supporting eCommerce sales...
Online retailers are worrying less about infrastructure and more about marketing and customer service for the 2014 holiday season, according to a survey of more than 1,000 U.S. ecommerce professionals by eBay Enterprise. Get the Full Story Complete the form to unlock this article and...
Online home furnishings retailer, Wayfair Inc., has set its value at more than $2 billion in documents filed in advance of its initial public offering of stock. Wayfair is projecting an initial share price of $25 to $28 and 82,756,943 shares outstanding after the IPO. Get the...
Perhaps it is the snobbery that associates sophistication with living on one of the two coasts, but when most people think about cities that are being innovative when it comes to mobile payments, Minneapolis probably isn’ their first thought. New York, San Francisco or London...
Say what you will about Apple, but it sure knows how to sell phones. The first weekend for sales of its new iPhones—the 6 and the 6 Plus—moved some 10 million of the larger-screened devices, which did not come close to keeping up with demand....
With Alibaba last week having gone through the largest initial public offering in U.S. history, expect continued growth in international eCommerce trade coming out of China. Alibaba already is saying it wants to create more online sales between China and other Asian businesses and consumers,...
