Coke and Pepsi. McDonald’s and Burger King. Apple and Microsoft. Ranking in high the pantheon of great of corporate rivalries is Amazon versus Walmart. In 2021, Amazon overtook its retail elder in all but one category — one that gets you right in the breadbasket...
Convoy, a digital freight firm, has raised $260 million in new funding, bringing the value of the Seattle-based company to $3.8 billion, according to a Thursday (April 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Rural lifestyle retail brand Tractor Supply Company keeps growing its online business, turning in double-digit growth in its eCommerce segment for the 39th consecutive quarter, according to the company’s fiscal 2022 first-quarter earnings report Thursday (April 21). Get the Full Story Complete the form to...
Australian corporate card and spending management firm Archa announced (April 19) it raised $4 million and lined up a $20 million debt facility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Delivery service Instabox has raised $190 million in a growth equity round that valued the Swedish company at north of $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
For a company whose stock had already fallen 70% in the past eight months, it would be hard to say Carvana investors were caught by surprise when the online used car retailer known for its “vending machine” delivery towers announced its first-quarter earnings results Wednesday...
When Brazil’s central bank launched Pix last year, the country was thrust into the global payments spotlight. In this month’s "Digitizing Payments In Latin America Playbook," PYMNTS talked with RecargaPay’s Rodrigo Teijeiro about how this instant payments option shifted a mixed cash and credit card...
Sometimes, the buyer who will pay the most for a used car is in another country. In the U.S., Canada and European Union, environmental regulations and policies that prioritize electric vehicles over conventional ones reduced the market for older vehicles. Get the Full Story Complete...
Global card issuing platform Marqeta is introducing a new product suite the company said will help customers that use its card-issuing platform fight fraud — a problem expected to generate losses of $400 billion over the next 10 years. Get the Full Story Complete the...
