On-demand car rental startup Kyte has raised $60 million in Series B growth equity financing, which it will use to accelerate its product development, add to its fleet of vehicles and expand its market. Get the Full Story Complete the form to unlock this article...
The total value of the venture capital (VC)-backed funding rounds completed around the world in October was the lowest of any month so far this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
It has been a great couple of days for Amazon investors as cooling inflation data triggered a bounce in its sagging stock that hadn’t been seen in months. Notably, Walmart did not participate in that short-term rally, but its value prop and long-term prospects continue...
Fast-fashion eCommerce retailer Shein is reportedly preparing to open its first brick-and-mortar location. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
It seems that 2022 is shaping up as the year social selling got its act together, or at least came to the front of the store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a lackluster response this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
With more companies seeking talent in geographies other than their home turf, the challenges of paying those overseas contractors can seem daunting, but purpose-built platforms are taking the friction out and getting people paid with less cost and greater speed. Get the Full Story Complete...
Recall the bleak summer of 2020, when you’d have thought Main Street small to medium-sized businesses (SMBs) would be extinct by year’s end. It was understandably pessimistic, but it didn’t account for the sheer tenacity small business owners have repeatedly shown. Get the Full Story...
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...
