Five partner brands of eCommerce platform Shopee hit at least $100 million in gross merchandise value (GMV) in 2021, while Shopee Mall saw an eightfold increase in the number of users shopping online at least once a month during the year, according to a Tech...
If you work for a company called Bolt, it’s been a pretty good week. 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...
A plan to develop a way to spot holes in United Kingdom’s regulations that failed to keep up with crypto and artificial intelligence (AI) innovations has been proposed by the technology advisor to the Lord Chief Justice, The Financial Times reported. Get the Full Story...
The People’s Bank of China (PBOC) has published new rules designed to place a cap on bank’s commercial financing operations, while also bolstering risk management for the use of commercial bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Selling parts and accessories for cars is a complex task. To select the right products, you may need to know as many as 60 attributes of the car — year, make, model, trim level, color, the number of doors, the number of seats and more. ...
Several major companies — including Target Corp and computer software firm SAS — have pulled out of the National Retail Federation’s Big Show, which is slated to begin Sunday in the Javits Center in New York City, according to a Reuters report Friday (Jan. 14)....
Alibaba is weighing a fundraise for its Freshippo grocery chain in China that has an estimated valuation of $10 billion, Bloomberg reported on Friday (Jan. 14), citing unnamed sources familiar with the plans. Get the Full Story Complete the form to unlock this article and...
Citi has closed a $3.7 billion deal to sell its consumer banks in Indonesia, Malaysia, Thailand and Vietnam to Singapore’s United Overseas Bank (UOB), including retail banking and credit cards but excluding Citi’s institutional businesses, according to a Thursday (Jan. 13) press release. Get the...
The surge in positive cases of COVID-19 is leading to staffing shortages and weekend closures of some CVS and Walgreens pharmacies, The Wall Street Journal (WSJ) reported Friday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
