News

Retail
Grocers Can Leverage Contagion Concerns to Boost Digital Adoption
December 20, 2021

Around the world, grocers are transforming their omnichannel presences to adapt to consumers’ quickly evolving behaviors. As tech companies with products to sell make bold predictions about the future of online grocery shopping, grocers themselves have a unique view of their shoppers’ habits, observing in...

Retail
Open-Air and Touchless Shopping Drive Innovation Amid Rekindled Demand Surge
December 20, 2021

Here’s a concept: shopping without the act of actually shopping is perhaps the new future of retail. 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...

Retail
Sustainability: Retail’s Latest Feature
December 20, 2021

Consumers are putting their money where their values are. The purchases people make often (or avoid) tell a much greater story about what someone stands for, what they prioritize and what kind of progressive impact the company they choose to support has on the world. Is...

Investments
Korean eGrocer Kurly Raises $210M in Pre-IPO Round as Global Competition Heats Up
December 20, 2021

Around the world, investors remain hungry for food eCommerce solutions. Seoul, South Korea-based grocery delivery startup Kurly has raised 250 billion won, or about $210 million, in a funding round in advance of its initial public offering (IPO), Korea JoongAng Daily reported Monday (Dec. 20),...

Investments
Venture Capital Investment in Saudi Firms on the Rise
December 20, 2021

Business-to-business (B2B) eCommerce marketplace Sary has raised SR281 million ($75 million) in a Series C funding round, seven months after it raised its $30.5 million Series B round, according to a Dec. 20 report by Zawya. Get the Full Story Complete the form to unlock...

Investments
BNPL Firm Addi Pushes Value to $700M Following $200M Fundraise  
December 20, 2021

Latin American buy now, pay later (BNPL) company Addi has generated $200 million of debt and equity, pushing its valuation to more than $700 million, according to a Monday (Dec. 20) report from Bloomberg.   Get the Full Story Complete the form to unlock this article...

Delivery
Shipping, Logistics Costs Expected to Keep Rising in ‘22 
December 20, 2021

The price of shipping and logistics for companies is not expected to ease in the new year as the challenge to deliver products endures amid the pandemic.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
54% of CFOs Consider Liquidity and Cash Management a Top Challenge 
December 20, 2021

These are trying times for chief financial officers (CFOs) and other finance professionals. The unpredictable economic impacts unleashed by the pandemic have greatly complicated the task of managing cash flow and working capital.  Get the Full Story Complete the form to unlock this article and...

B2B Payments
JPMorgan to Power Payments for Siemens Using Private Blockchain
December 20, 2021

J.P. Morgan Chase is working with Siemens to create a blockchain system for the latter company’s payments. 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...