Lloyds Banking Group is hoping to boost its status in the investment and retirement sector with its £390 million ($542 million) acquisition of Embark Group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Car dealers need used vehicles. Car buyers want to sell, but they’re not crazy about walking into a dealership. Enter CarGurus, which debuted a service on Friday (July 30) designed to bring the two together. Get the Full Story Complete the form to unlock this...
PayPal Ventures was among investors taking part in VNLIFE’s Series B funding round of more than $250 million, which secured the digital banking and payments company’s standing as Vietnam’s second tech unicorn, according to a Tech in Asia report. Get the Full Story Complete the...
London-based delivery service Deliveroo is mulling an end to its offering in Spain as part of a plan to expand in new and existing markets, Reuters reported on Friday (July 30), citing a company statement on the high costs of running the business in Spain....
Gopuff is valued at about $15 billion after the Philadelphia-based delivery company raised $1 billion in its most recent funding round, with Guggenheim Investments, Hedosophia and SoftBank Vision Fund 1 among the investors. The company’s value jumped almost 70 percent from the $8.9 billion it...
In A Decade of Digital Transformation in 12 Months, 46 C-suite executives spoke with PYMNTS for its Q2 eBook on what the world will look like as recovery rolls on and the next iteration of normal rolls out. In this excerpt, Jim Aramanda, CEO of...
The appetite for new listings got a bit of a test this week, with a less-than-soaring debut for a high-profile platform company, and relatively smaller deal sizes for special-purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy...
Children’s apparel retailer Carter’s is optimistic about its prospects as back-to-school shopping returns to normal and the new enhanced child tax credit kicks in across the U.S., even as the company is being forced to spend more to ensure that products can be imported quickly...
After another record Prime Day in June and months of investment in its logistics network, Amazon would historically have joined its retail compatriots in beating Wall Street earnings expectations this week. But with consumers emerging from their homes to shop and socialize, therefore spending less...
