News

International
Online Marketplace Jumia Taps Into African Consumers’ Appetite for Black Friday Deals
November 25, 2021

Black Friday might have started in the U.S., but the annual retail frenzy has exploded in popularity across the African region in recent years, with people flocking to take advantage of the best deals retailers have to offer. Get the Full Story Complete the form...

Ridesharing
Uber Says 2K Brussels Drivers May Be Sidelined After Court Ruling
November 25, 2021

Uber drivers in Brussels may soon be out of a job after a ruling from the city’s court of appeal making an extension from a 2015 cease-and-desist order, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

International
EMEA Daily: UK Investing App Freetrade Surpasses Funding Goal by 800%, Sweden Calls on EU...
November 24, 2021

In today’s top Europe, Middle East and Africa news, UK investing app Freetrade surpasses funding goal by 800%; Sweden calls on Europe to pull the plug on bitcoin mining. Plus, Kenyan FinTech Asilimia closes $2M pre-seed funding, Pan-African firm M-KOPA’s pay-as-you-go model, and UK lawmaker...

Retail
Black Friday Could See Greater Digital Shift Than Ever
November 24, 2021

With Black Friday officially underway, nearly three-quarters of consumers have now begun their holiday shopping in a year that’s expected to be more digital than ever as consumers seek out convenient and seamless shopping experiences. Get the Full Story Complete the form to unlock this...

International
Ant Group to Differentiate Between Borrowing From Company, Outside Lenders
November 24, 2021

Ant Group has begun telling customers whether they’re borrowing from the company or from an outside lender, as founder Jack Ma continues his attempts to follow Chinese regulations, according to a Wall Street Journal (WSJ) report Wednesday (Nov. 24). Get the Full Story Complete the...

International
Wish Pursues Legal Action Over Being Removed From French Search Engines
November 24, 2021

eCommerce marketplace Wish is suing the French government after the government ordered that Wish be removed from online platforms and search engines over product safety concerns, per a Tech Times report Wednesday (Nov. 24). Get the Full Story Complete the form to unlock this article...

Bitcoin
Bitcoin Daily: Bitcoin Sees Price Spike Above $57,000 for a Brief Period
November 24, 2021

Bitcoin has continued a trend of surprising price spikes, passing $57,400 for a brief time on Wednesday (Nov. 24), a report from Cointelgraph says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

IPO
Gearing up for IPO, MOD Pizza Looks to Voice Commerce, Data Analytics
November 24, 2021

Pizza chains, which typically relied heavily on off-premise sales even before quarantine, have been at the forefront of the restaurant industry’s digital shift. Now, Seattle-based fast-casual chain MOD Pizza, which has hundreds of locations across 29 states, is looking to parlay the learnings of the...

Retail
AMZN vs WMT Weekly: Amazon Finally Matches Walmart for Consumer Retail Sales
November 24, 2021

Though both Amazon and Walmart began their holiday promotions weeks ago, the two largest retailers in the U.S. are still counting on the days between Black Friday and Christmas to bolster fourth quarter, with Amazon likely hoping the holiday season can help it take the...