News

International
India Considers Reducing EV Import Duties
August 09, 2021

India could cut import duties on electric vehicles to as low as 40 percent, a move that arrives in the wake of a visit by Tesla. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Moove Nets $23M To Drive Higher Vehicle Ownership In Africa
August 09, 2021

Moove, an African FinTech company, on Monday (Aug. 9) announced that it has obtained $23 million in Series A funding to provide revenue-based vehicle financing initiatives for Uber drivers across the continent. Speedinvest and Left Lane Capital led the funding round, which also drew contributions...

Delivery
Tortoise, Vroom Delivery To Launch Robotic Grocery Delivery In Dallas
August 09, 2021

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 daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Retail
Supply Chain Concerns Rise As Focus Shifts To Holiday Shopping
August 09, 2021

For nearly 18 months, supply chain issues have been front and center for retailers — and despite millions of dollars invested to boost overseas manufacturing and to alleviate shipping congestion, the spread of COVID-19 and its variants continue to wreak havoc as retailers prepare for...

Retail
Fragmented Swimwear Market Leaves Opening For D2C Brands
August 09, 2021

Looking through a person’s closet of swimwear, rarely would you find brand loyalty. The swimwear market is very fragmented, with people shopping more for style than for a specific label. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Groupon, Booksy Partner On Salon Appointments Amid Elevated COVID Concerns
August 09, 2021

Groupon has gotten together with beauty and wellness appointment app Booksy to streamline the process of finding and booking appointments with salons, spas and other service providers using the Groupon Connect API platform. Get the Full Story Complete the form to unlock this article and...

Partnerships / Acquisitions
Digital Sports Betting Co DraftKings To Buy Golden Nugget Online Gaming In Deal Worth $1.56B
August 09, 2021

Digital sports gaming company DraftKings Inc. on Monday (Aug. 9) announced its intent to purchase Golden Nugget Online Gaming in an all-stock transaction valued at roughly $1.56 billion. The merger will enable DraftKings to take advantage of Golden Nugget’s iGaming product and current database of...

Retail
Target Fall Designer Collection Builds On Legacy To Boost Sales
August 09, 2021

Target is continuing its two-decade legacy of introducing and exposing customers to designers they might not otherwise know through The Fall Designer Collection, this year featuring four limited-time-only design partners: Rachel Comey, Victor Glemaud, Sandy Liang and Nili Lotan. Get the Full Story Complete the...

B2B Payments
Placing Responsibility Front And Center In The Next Alt-Finance Wave
August 09, 2021

At the intersection of B2B payments and corporate finance, businesses are seeking more from their FinTech products. Not only do small and medium-sized businesses (SMBs) need solutions that can combine financing and a mode of payment in a single tool, but they’re also elevating their...