Klarna has raised $800 million in financing at a $6.7 billion post-money valuation from new and existing investors to grow its position in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Costco CEO Craig Jelinek said Monday (July 11) that it’s “not the right time” for the bulk-discount retailer to consider price increases in membership fees — or on the price of the company’s iconic hot dog combo meal. Get the Full Story Complete the form...
Clash of the titans. It’s an apt descriptor for the battle between America’s two retail giants which has come to symbolize the tug-of-war between in-store and eCommerce sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Vegrow, a B2B AgriTech fruit marketplace based in Bengaluru, India, has raised $25 million in a Series B funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In the latest example of growing cryptocurrency oversight in the Europe, Middle East and Africa (EMEA) region, the Financial Stability Board will propose crypto regulations in October to add regulatory teeth to the sector, according to a board press release Monday (July 11). Get the...
It appears that the ultrafast grocery boom was short-lived. There have always been skeptics, but last year, it seemed to many that 10- and 15-minute grocery delivery services were the model of the future, and that quick commerce would continue to grow with no end...
Youth, goes that somewhat head-scratching saying, belongs to the young. 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. By completing this...
In a deal touted to unleash a “flurry of innovation” the world’s largest operator of travel-related retail stores is combining with the top airport and rest stop food and beverage company to create a $13 billion colossus with 5,500 locations in 75 countries. Get the...
British luxury fashion brand Burberry is closing its flagship store in Hong Kong in a move that marks the latest in big-name fashion brands that are stepping away from the world’s top destination for luxury retail. Get the Full Story Complete the form to unlock...
