News

Investments
AgriTech Better Origin Raises $16M for AI-Powered Sustainable Farms
April 07, 2022

Better Origin, the AgriTech startup that uses artificial intelligence-powered insect farms to repair the broken food chain, has raised $16 million to help return the chain to its sustainable roots, the lead funder announced Thursday (April 7). Get the Full Story Complete the form to...

Retail
Wing Debuts US Drone Delivery of Medicines, Ice Cream, First Aid Kits, Pet Prescriptions
April 07, 2022

Wing has debuted its drone-based delivery service from the parking lot of a Walgreens store in Little Elm, Texas, according to a company announcement, kicking off the largest initiative of its kind for the Alphabet Inc. subsidiary in the U.S. and its first customer-operated drone...

Retail
Levi’s Flexes Brand Power Pricing Muscles, Touts D2C Success of Next-Gen Stores
April 07, 2022

Strong demand from customers around the world combined with brand power that enabled price increases saw denim retailer and manufacturer Levi Strauss start the year with double-digit sales growth and record gross margins. Get the Full Story Complete the form to unlock this article and...

Retail
Report: Walmart’s eCommerce Company Flipkart Delays IPO, Raises Valuation Target
April 07, 2022

Flipkart, Walmart’s India-based eCommerce company, has put its initial public offering (IPO) on hold as it raised the valuation target to between $60 billion and $70 billion, up from its initial goal of $50 billion, Reuters reported Thursday (April 7). Get the Full Story Complete...

Latin America
PYMNTS Intelligence: How the Rise of the Gig Economy Is Influencing Latin American Consumers’ Payment...
April 07, 2022

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 form, you agree to receive marketing communications from PYMNTS and...

Regulation
EU Governance Data Act to Boost AI, Data-Sharing
April 07, 2022

The European Parliament (EP) approved the European Governance Data Act (DGA) on Wednesday with 501 votes to 12. This act aims to increase data sharing among public institutions and companies, create new rules on the neutrality of data marketplaces and facilitate the reuse of certain...

Investments
GoTo’s Post-IPO Ascent Is Far From a Done Deal
April 06, 2022

GoTo’s initial backers can expect very healthy returns on investment, indeed — but one wonders what’s next. 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...

International
Nykaa Rolls out Superstore for Direct-to-Retail Distribution
April 06, 2022

Indian-based beauty, wellness and fashion product eCommerce retailer Nykaa has rolled out a new superstore for direct-to-retailer distribution for the Indian retailer system, Business Standard reported Wednesday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
EMEA Daily: German HealthTech Avi Medical Raises $54.5M; Stablecoins Embraced as Valid Payment Form in...
April 06, 2022

In today’s top Europe, Middle East and Africa news, Munich-based HealthTech firm Avi Medical raised $54.5 million in Series B funding, and the United Kingdom is validating stablecoins as a payment method. Get the Full Story Complete the form to unlock this article and enjoy...