News

Investments
Founder of Argentina’s Ualá Launches VC Fund
April 18, 2022

The founder of Argentina-based FinTech Ualá is launching a venture capital (VC) operation that has raised $30 million so far from a stable of investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Bangladesh’s Jarafa Launches eCommerce Marketplace
April 18, 2022

Jarafa has launched its reseller and wholesaler marketplace, the Bangladesh eCommerce company said in a news release Monday (April 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Today in Retail: Consumers Bring Digital Habits to Brick-and-Mortar Stores; Housing Prices Affect Retail Shopping
April 18, 2022

Today in retail, a new study shows consumers are taking their digital habits to physical stores, while the housing trend has retail on edge. Plus, subscription models increase their focus on loyalty, the mobile grocery adoption rate increases by 15% in March, Champs Sports is...

Retail
166M US Consumers Are Amazon Prime Members 
April 18, 2022

Most Americans subscribe to a membership service with a mass retailer, such as Amazon Prime, Costco, Sam’s Club or Walmart+. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
o9 Solutions Debuts Smart Planning AI-Powered Supply Chain Planning Service
April 18, 2022

Artificial intelligence (AI) software planning firm o9 Solutions and Deloitte on Monday (April 18) announced the launch of Smart Planning, a subscription program that brings together Deloitte’s supply chain and data science with o9’s planning platform. Get the Full Story Complete the form to unlock...

Ridesharing
Delisting News Leads DiDi to Drop 23%
April 18, 2022

Shares of Chinese ride-hailing firm DiDi fell Monday (April 18) after the company said it would hold a meeting next month to vote on delisting its shares from the New York Stock Exchange. Get the Full Story Complete the form to unlock this article and...

Financial Inclusion
WSFS Bank Launches $3M Down Payment Grant Program
April 18, 2022

WSFS Bank, the primary subsidiary of WSFS Financial Corporation, launched the WSFS Down Payment Grant Program on Monday (April 18), which will offer grants of up to $10,000 to support eligible homebuyers, totaling $3 million in the next three years. Get the Full Story Complete...

Regulation
Shanghai Regulator Warns eCommerce Platforms Against Pandemic Price Gouging
April 18, 2022

Shanghai’s market regulator has summoned a dozen eCommerce firms, including food delivery platforms Meituan and eleme.me, to discuss a range of topics including price gouging during the COVID pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Millennial Buyers Are Driving Force Behind B2B Digitization
April 18, 2022

The B2B space’s steady trend toward digitization is continuing, with a growing share of interactions between B2B buyers and sellers taking place digitally. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...