News

Regulation
China Unveils Stricter Big Tech Investment Rules
January 19, 2022

China will require the country’s biggest internet firms to get approval for any investment deals they make as part of new rules that are likely to keep Big Tech firms from getting even bigger through acquisition, people familiar with the issue told The Wall Street...

International
UK, Ireland Lead Record-Setting 2021 for Private Equity Deals 
January 19, 2022

Recent data from Pitchbook has revealed that Europe saw new annual records set in terms of private equity (PE) deal count and value in 2021, with close to 7,200 deals closed worth 754.5 billion euros ($856 billion). Get the Full Story Complete the form to...

Delivery
Ultrafast Delivery Aggregators See Private-Label Brands as Path to Profitability
January 19, 2022

If margins in the grocery industry are low, and margins for grocery delivery are unforgiving, then companies that deliver within minutes are essentially walking a tightrope — if it were not for venture capital funding, ultrafast delivery might not be possible. Get the Full Story...

Retail
Lego Brings ‘Store of the Future’ to NYC, Barcelona
January 19, 2022

Danish toy maker Lego is teaming up with commerce and communications agency TracyLocke to roll out what it’s calling its “Store of the Future,” a global retail concept aimed at putting creativity and imagination in the forefront of the shopper experience. Get the Full Story...

Retail
New Tech to Help P&G Embrace ‘Constructive Disruption’ as Inflation Drives Prices Higher
January 19, 2022

At time when inflation is running at a 40-year high and store shelves are reflecting the lingering challenges of supply chain disruptions, Procter & Gamble told investors Wednesday (Jan. 19) that it is moving forward with additional price increases, noting that consumers are tolerating the...

Regulation
ByteDance Scales Back Investments Ahead of Crackdown
January 19, 2022

TikTok owner ByteDance is scaling back its investment operations in expectation that China will restrict the type of deal-making that has fueled the growth of the country’s tech giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

IPO
Investment Platform Acorns Calls Off IPO with Pioneer SPAC
January 19, 2022

Investing and checking account platform Acorns Grow Inc. is calling off its $2.2 billion initial public offering (IPO) with special purpose acquisition company (SPAC) Pioneer Merger Corp. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Apple Warns Senate Legislation Would Reduce its User Privacy Measures
January 19, 2022

Apple has told lawmakers that proposed legislation to govern the nation’s leading tech companies would diminish a privacy protection feature it introduced last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Retailers Test Discounting, No-Return Policies to Keep Goods With Consumers
January 19, 2022

Like clockwork or the rising sun, each new year in the retail industry also reliably brings with it a flurry of January White Sales, spawned from the hopeful, festive loins of Black Friday. Get the Full Story Complete the form to unlock this article and...