News

eCommerce
B2B Sourcing Platform BuyHive Launches in US, UK
April 25, 2022

BuyHive, a Hong Kong-based B2B global sourcing platform, announced Monday it had launched local operations in markets in the U.S. and U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Payments Orchestration Eases Pinch of Int’l Expansion to New Markets
April 25, 2022

The unprecedented growth in eCommerce over the past two years has yielded opportunities for digital-first companies to expand internationally. But moving into new markets is just the first step of an international expansion strategy; providing a localized payments and commerce experience is the next. Get...

Investments
SoftBank Cuts Spending, Leaving Camera Startup Light Scrambling for Cash
April 25, 2022

Light, a Redwood City, California-based camera startup, is on the hunt for backers after the world’s largest tech investor objected to putting more cash into the company, Bloomberg reported Monday (April 25). Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Kemitt Expands Egyptian eCommerce Offering with B2B Platform
April 25, 2022

Egyptian eCommerce startup Kemitt has unveiled a B2B platform as part of its ongoing diversification beyond its B2C offering, according to a Disrupt Africa report Monday (April 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Loyalty & Rewards
ShopBack Expands Way to Pay
April 25, 2022

Three months after ShopBack, the Asia-Pacific’s cashback network, launched ShopBack Pay that allows shoppers to use their preferred payment method while amassing cash rewards, the company is adding another feature, VulcanPost.com reported. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Stitch Rolls Out Payments Product LinkPay
April 25, 2022

South African API infrastructure startup Stitch has launched LinkPay, which the company bill as its “core payments product.” 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...

Regulation
Will an Elon Musk-Led Twitter Find Friend or Foe With EU Regulators?
April 25, 2022

Elon Musk is inches away from sealing a deal to buy Twitter for approximately $43 billion, according to different news outlets. Musk, a self-described “free speech absolutist,” said in an interview during a TED conference on April 14 that “it is very important for [Twitter]...

Retail
Investors Have a ‘Breakup With Makeup’ as Cosmetics Cos Struggle With Costs
April 25, 2022

Spring is supposed to be the season of dressing up and stepping out after a long cold hibernation but for most cosmetics makers, the warmer weather and reduced COVID concerns have so far garnered a cold response. Get the Full Story Complete the form to...

Loyalty & Rewards
Amid Restaurant Rewards Race, Burger King Announces Free Fries for Loyalty Members
April 25, 2022

In 2021, with the popularity of chicken sandwiches through delivery channels, restaurants raced to capture consumers’ digital spending with the so-called chicken sandwich wars. Now, in 2022, the race has shifted to the rewards space, with restaurants competing to offer the most appealing and habit-building...