It’s a rough world out there right now, to put it lightly. And the retail industry is seeing the effects. Inflation is at the highest level in nearly four decades, with average prices rising by nearly 7%, although many individual categories, such as food and cars, have...
Headless commerce platform Bolt is eyeing a $14 billion valuation and close to $400 million in funding following an almost $400 million Series E funding round at an $11 billion valuation, The Information reported Tuesday (Dec. 21), citing three sources. Get the Full Story Complete...
Arcade recently closed a $15 million Series A fundraising round to bring collateralized lending that connects non-fungible tokens (NFTs) to decentralized finance (DeFi), according to a CoinDesk report on Wednesday (Dec. 22). Get the Full Story Complete the form to unlock this article and enjoy...
Digital advertising firm SeaChange International and artificial intelligence (AI)-powered social media platform Triller Hold Co. announced in a Wednesday (Dec. 22) press release that they have agreed to merge, and their combined company will have a valuation of about $5 billion. Get the Full Story...
Consumers want food delivery faster and more frequently than ever, but the economics still do not work. With leading services raising prices from their initial venture capital-subsidized rates and yet still typically failing to make a profit, with customers growing frustrated with rising costs, and...
Artificial intelligence (AI) machine learning software and content company Teren, formerly known as SolSpec, has raised $4 million in seed funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Shipping giant AP Moeller-Maersk AS has signed off on a $3.6 billion acquisition deal for omnichannel fulfillment company LF Logistics Holdings, according to a Wednesday (Dec. 22) press release. The deal is expected to close in 2022. Get the Full Story Complete the form to...
A group of Japanese companies has launched an information-sharing program to prevent smartphone-based payments fraud. 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,...
Transportation technology startup Via has moved to go public, filing a draft registration statement with the Securities and Exchange Commission (SEC) regarding its intention for an initial public offering (IPO), according to a Wednesday (Dec. 22) press release. Get the Full Story Complete the form...
