Most consumers, or 86% of online shoppers, have abandoned a shopping cart at least once before completing a purchase, whether because they got distracted, wanted to shop for better deals or decided against the purchase altogether. Get the Full Story Complete the form to unlock...
The central banks of Indonesia and the United Arab Emirates (UAE) have signed an agreement to boost payment system cooperation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Spanish ride-hailing service Cabify is set to begin offering grocery deliveries for customers in Latin America in 2022. 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...
Fueled by a $150 million investment from Japanese investment company SoftBank, the virtual world of Zepeto is now worth more than $1 billion, according to a Tuesday (Nov. 30) Wall Street Journal report. Get the Full Story Complete the form to unlock this article and...
Brazilian digital bank Nubank has reduced the target price of its American stock market debut by about 18% amid a worldwide tech stock selloff that’s impacting initial public offerings (IPOs) as the year winds down, Reuters reported Tuesday (Nov. 30). Get the Full Story Complete...
Online bulk retailer Boxed is set to acquire MaxDelivery, an on-demand grocery delivery service for New York City consumers. 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...
Africa-focused online marketplace Jumia started introducing the Black Friday sales concept to several of its African markets nine years ago. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Trucking operations software company CloudTrucks on Tuesday (Nov. 30) announced it wrapped up a Series B fundraising round that brought in $115 million, bringing the company’s valuation to $850 million, according to a Forbes report. Get the Full Story Complete the form to unlock this...
The holidays are firmly upon us, which means that the urge to spend is firmly entrenched as well, boosted by family gatherings and coming face to face with people you haven’t seen in person for months (and months). Get the Full Story Complete the form...