German food delivery giant Delivery Hero has sold a $150 million share of its ownership in Latin American delivery company Rappi, representing most of the investment it had made in the company, Reuters reported Monday (Jan. 10). Get the Full Story Complete the form to...
Barely two weeks into 2022 and the French startup market is buzzing with venture-backed excitement. 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,...
Bodegas in New York City staged a rally with the Save Mom-and-Pop Business Coalition to get the attention of local elected officials regarding ultra-fast delivery operations and the toll they’re taking on long-established neighborhood businesses, according to media reports. Get the Full Story Complete the...
India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its upcoming central bank digital currency (CBDC), according to multiple media reports on Monday (Jan. 10). Get the Full Story Complete...
The Securities and Exchange Commission (SEC) is working on a plan that would force large private companies to become more transparent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Binance, a popular cryptocurrency exchange, is under investigation by Pakistan regulators over a multi-million-dollar Ponzi scheme, Dawn reported Friday (Jan. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Digital payments startup Pine Labs filed confidentially with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) to raise roughly $500 million at an estimated valuation between $5.5 billion to $7 billion, Bloomberg reported on Monday (Jan. 10). Get the Full Story...
Marks and Spencer has returned to its perch atop the U.K. retail landscape, in the process pushing its value to more than upstart fast-fashion retailer Boohoo and online rival Asos combined, two years after Boohoo found itself at the top of the heap for what...
The optimism athletic apparel company lululemon athletica inc. was feeling just a month ago seems to have been left behind with the change to 2022 and the Omicron variant, as the company said Monday (Jan. 10) that it expects to its net revenue to be...
