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B2B Payments
Indian B2B eCommerce Unicorn Moglix Boosts Valuation to $2.6B
January 28, 2022

Indian business-to-business (B2B) eCommerce platform Moglix on Friday (Jan. 28) announced it has raised $250 million in its most recent fundraising round and its valuation is up to $2.6 billion, according to an Economic Times report. Get the Full Story Complete the form to unlock...

B2B Payments
India’s Supply Chain Ecosystem Gains New Financing Options
January 28, 2022

Microbusinesses and small- to medium-sized businesses (SMBs) are key to India’s economy, yet they have difficulty accessing finance. 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...

Investments
Zapp Grabs $200M to Expand Rapid Delivery in UK
January 28, 2022

Rapid delivery service Zapp raised $200 million in a Series B funding round to expand its footprint in larger U.K. cities, enhance its technology and improve its overall customer experience, according to a press release emailed to PYMNTS. Get the Full Story Complete the form...

Regulation
Regulators and Economic Experts Debate on Possible Challenges in Platform Regulation
January 28, 2022

The rise of the so-called “platforms” is leading to a new wave of regulation. This regulation overlaps with antitrust law in several respects, but it also introduces novel concepts. What is a platform? How does one define a “gatekeeper” role? Once defined, what specific rules...

IPO
China Investigation Triggers Delay in 60+ IPOs
January 28, 2022

More than 60 initial public offerings (IPOs) across China — including Deutsche Bank AG’s Chinese securities venture — are on hold as regulators look into the law firms and underwriters behind them, Reuters reported Friday (Jan. 28). Get the Full Story Complete the form to...

Retail
Retailers Face Post-Holiday Reality of Rising Prices, Decreased Spending
January 28, 2022

When prices rise faster than incomes, consumers tend to tighten their belts and give up a few non-essential purchases, and according to the latest government data, that is exactly what’s happening right now. Get the Full Story Complete the form to unlock this article and...

eCommerce
India’s Ola Plans 500 Quick Commerce Dark Stores
January 28, 2022

Indian ride-hailing service Ola has rebranded its quick commerce business to “Ola Dash” as it prepares to establish what will be the largest collection of “dark stores” in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Google Investing $1B in India’s Bharti Airtel
January 28, 2022

Google will invest up to $1 billion as part of a long-term partnership with Indian telecom Bharti Airtel, designed to boost the country’s digital ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
UK’s ICO Wants Larger Role in Regulating Big Tech
January 28, 2022

The UK’s new information watchdog says his county will seek a leading role in making Big Tech companies accountable as Britain frees itself of European Union data regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...