ADVANCE.AI is expected to raise roughly $200 million in a funding round that will put the Singapore-based tech startup in exclusive company as a southeastern Asia unicorn, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy...
When it comes to social commerce, Chipotle is turning to those who know the space best: influencers. The brand announced on Thursday (Sept. 9) that it is launching its first “Creator Class,” a group of 15 TikTokers who will participate in a series of brainstorming...
Over the past 18 months, the marketplace for B2B overstock sales and liquidation has faced what Marcus Shen calls “a tale of two cities.” At the onset of the pandemic, the chief operating officer of B-Stock said, both buyers and sellers slowed their activity as...
Connected fitness giant Peloton said on Thursday (Sept. 9) that it will begin selling its own private-label apparel, a move likely meant to capitalize on the recent growth in demand for athleticwear as the company continues to diversify its offerings and chart a path out...
Lululemon saw an increase in direct-to-consumer (D2C) net revenue in the second quarter of the year, the athleisure leader reported Thursday (Sept. 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Mastercard has inked an agreement to acquire cryptocurrency intelligence startup CipherTrace for undisclosed terms in a move to combine both firms’ cyber capabilities and artificial intelligence (AI) power. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Document processing and back-office automation startup Ocrolus is launching a cash flow-informed credit (CfiC) model that uses cash flow analytics from bank statements to determine the likelihood of default. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Luxury furniture and home goods retailer RH remains bullish that strong consumer spending will continue despite serious supply chain issues, as the company tries to position itself beyond curating and selling products and into conceptualizing and selling spaces. Get the Full Story Complete the form...
When typical small shopkeepers in Africa need inventory, they often must close their store in the middle of the day and head to the nearest wholesale shop to place their order and pick up their goods, with travel times of two hours to six hours...
