News

IPO
MapmyIndia Seeks $175M IPO
August 30, 2021

The Indian technology company providing functionality for McDonald’s McDelivery service and Avis car rental in India may submit an initial public offering (IPO) this week, according to a recent Bloomberg report. MapmyIndia could focus on an IPO of approximately $175 million, pushing the 26-year-old company’s...

eCommerce
Mercatus Integrates ‘Instacart Connect’ As Third-Party Marketplaces Tighten Their Hold On Merchants
August 30, 2021

Mercatus, an online grocery solution that facilitates orders for 240,000 shoppers a month through retailers including Weis Markets and Save Mart brands, announced Monday (Aug. 30) that it is integrating Instacart’s white-label Connect program into its platform. The integration lets grocers on the platform take...

Partnerships / Acquisitions
Visa, UnionBank Collaborate To Offer FinTechs Personalized Payment Gateways
August 30, 2021

UnionBank of the Philippines is partnering with Visa’s FinTech Fast Track program as a bank identification number (BIN) sponsor that will enable FinTechs in the country to develop personalized payment gateways. The bank is the first company from the Philippines to join Visa’s program as...

Regulation
China’s New Digital Double Standard Would Hobble Big Tech While Helping Itself To Data
August 30, 2021

If data represents the “new oil,” as they say – powering the engines of commerce and media in China – one wonders what happens when the government throws sand in the gears, as it appears may happen. Get the Full Story Complete the form to...

Retail
Leap Platform Raises $15M To Boost Store Count To 250 By End of 2022
August 30, 2021

Retail platform Leap on Monday (Aug. 30) said it will grow its store count by 300 percent this year, with plans to have 50 stores open by the end of 2021 and 250 by the end of 2022. Get the Full Story Complete the form...

Retail
Behold The ‘Micro-Influencer’ — The Trusted, Unsung Work Horse Of Social Commerce
August 30, 2021

When Taylor Swift officially joined TikTok last week, practically every corner of the internet took notice. Her first video, recapping recent album releases, reached over 14 million views and launched a viral trend of people recreating it. Get the Full Story Complete the form to...

Retail
Ikea To Pilot Furniture Buyback, Secondhand Sales
August 30, 2021

Home furnishing retailer Ikea is joining the growing list of companies testing U.S. demand for a secondhand market, with the company saying Monday (Aug. 30) that it will be piloting a furniture buyback and resale program with the goal of making it a permanent fixture...

Retail
Zebra Technologies Acquires antuit.ai
August 30, 2021

Front-line business firm Zebra Technologies on Monday (Aug. 30) said it will acquire antuit.ai, a retail and consumer packaged goods-based artificial intelligence (AI)-powered Software-as-a-Service (SaaS). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Deep Dive: How 2020 Increased The Necessity Of Fully Online Bill Payment Solutions For Businesses,...
August 30, 2021

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