News

Delivery
German Delivery Hero Buys Minority Stake In Gorillas Delivery Startup
October 19, 2021

Delivery Hero is backing on-demand grocery delivery platform Gorillas with a $235 million investment for an 8 percent stake in the company, leading the startup’s Series C funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
COVID Taught Consumers That 2-Day Delivery Tops Instant Gratification
October 19, 2021

As physical and digital shopping worlds collide, consumers are increasingly making decisions about whether to shop in-store or online based not on product availability but rather what their schedule allows and when they need an item. Get the Full Story Complete the form to unlock...

Retail
75% of Lease-to-Own Consumers Say It’s Their Only Option to Obtain Durable Goods
October 19, 2021

Building a trusted relationship with retail customers is the easiest way to ensure a healthy and dedicated business connection. Simply put, when businesses offer an array of payment options, including lease-to-own  programs, brand affinity increases. Get the Full Story Complete the form to unlock this...

B2B Payments
HighRadius and Riveron Partner on Finance Modernization
October 19, 2021

Artificial intelligence-fueled cash and treasury management software platform HighRadius announced on Monday (Oct. 18) it is teaming up with business advisory firm Riveron to improve automation for businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Avalara Buys CrowdReason, Boosts Property Tax Compliance Offering
October 19, 2021

Avalara has bought CrowdReason, which works on developing Software-as-a-Service (SaaS) property tax compliance applications, to help businesses manage that kind of service, Seeking Alpha reported Monday (Oct. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

IPO
Rent the Runway Aims at $21 a Share for IPO on $1.5B Valuation
October 18, 2021

Rent the Runway, a clothing-rental business, will pursue as much as a $1.5 billion valuation in its initial public offering (IPO) next week, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Security & Fraud
US Needs Privacy Standard Like GDPR, Alphabet’s Pichai Says
October 18, 2021

Sundar Pichai, CEO of Google’s parent company Alphabet, said in a recent interview that there would be a need for new regulations, specifically for privacy standards similar to what is in place in Europe, along with a need for the U.S. to stay competitive in...

IPO
Nordstrom, Kohl’s and Macy’s Stock up on News of Saks’ Potential IPO
October 18, 2021

Macy’s stock jumped more than 17% Monday (Oct. 18) to $28.24 per share as reports swirled about Saks Fifth Avenue possibly taking its eCommerce arm public at some point, possibly in the first half of next year. Get the Full Story Complete the form to...

eCommerce
Inside Allegro: Five Things to Know About the Leading eCommerce Platform in Poland
October 18, 2021

Amazon, eBay and Chinese platforms dominate the global eCommerce space, but Polish eCommerce firm Allegro has earned its stripes as one of the most popular such platforms in Poland and one of the top eCommerce brands in central Europe. Get the Full Story Complete the...