News

Retail
Report: British Private Equity Firm CVC Joins Bain Capital in Joint Bid for Walgreens Boots...
January 12, 2022

Bain Capital and CVC Capital Partners are putting together a multibillion-pound joint bid for pharmaceutical giant Boots, according to multiple reports Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Partnerships / Acquisitions
NVIDIA, Arm Tell UK Competition Watchdog Why It Should Approve Their Deal
January 12, 2022

Silicon Valley chip maker NVIDIA and United Kingdom chip designer Arm are fighting back as a U.K. competition regulator considers blocking NVIDIA’s proposed $40 billion deal to buy Arm from tech conglomerate SoftBank. Get the Full Story Complete the form to unlock this article and...

Investments
SMB Travel Platform TravelPerk Raises $115M
January 12, 2022

TravelPerk, a European travel management company, has raised $115 million in a new funding round, bringing the value of the startup to $1.3 billion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
China’s Rules on Algorithms are Promising; the Devil is in the Details
January 12, 2022

China just completed its draft of new rules to regulate how companies use algorithms, which will take effect on March 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Data Sharing, Elevated Analytics Driving ‘Tectonic Shift’ in Consumer-Led Retail Growth
January 12, 2022

Long before there were computers and digital databases and online and in-store shopper analytics, the art of “selling consumers what they want to buy” had been a core tenet of the retail industry. Get the Full Story Complete the form to unlock this article and...

B2B Payments
What Do Busy Real Estate Agents and Truckers Have In Common? Both Need Better Data
January 12, 2022

At a glance, there don’t seem to be many similarities between selling real estate and trying to keep a fleet of long-haul trucks on time and on the move, but there is at least one area where these two bustling businesses both need to improve:...

Fintech Investments
Automotive FinTech Car Capital Secures $150M Credit Facility for Expansion
January 12, 2022

Car Capital, the automotive FinTech car company, has closed a $150 million three-year secured credit facility, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
Facebook Can’t Fence Off FTC Antitrust Suit, But It Narrows Scope
January 12, 2022

A U.S. judge granted the Federal Trade Commission (FTC) a second chance to continue with its allegations of illegal monopolization against Facebook (now Meta), after it rejected the company’s motion to dismiss the lawsuit in a new filing on Tuesday.  Get the Full Story Complete...

Retail
GM Launches Online Used Car Marketplace
January 12, 2022

GM is rolling out an online marketplace for used cars, taking on digital-only competitors like Vroom and Carvana that saw their sites’ popularity soar during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...