News

Banking
Barclays To Invest $400M+ In Indian Arm
August 26, 2021

Barclays on Thursday (Aug. 26) announced it will invest more than $400 million into its India-based business — its biggest in 30 years — as part of a move to capitalize on increasing corporate and investment banking activity in that nation, according to a Reuters...

Investments
Cannabis Digital Infrastructure Startup Jane Technologies Closes $100M Series C
August 26, 2021

Cannabis digital infrastructure startup Jane Technologies raised $100 million in a Series C funding round led by Honor Ventures, bringing its total funding to about $130 million.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
Last-Mile Provider Point Pickup Buys GrocerKey
August 26, 2021

Last-mile provider Point Pickup Technologies has acquired white-label eCommerce platform GrocerKey, a move the company says will let retailers “take back control from Instacart.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Wide-Ranging Chinese Corporate Crackdown May Grow Ever Wider
August 26, 2021

The Chinese government’s regulator crackdown has extended well beyond the confines of Big Tech. The question remains … as to what end. And perhaps: where it all ends. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Partnerships / Acquisitions
LaCore Teams With Sezzle To Offer eCommerce Merchants BNPL Option
August 26, 2021

Payments platform LaCore Payment Technologies (LPT) will now offer a buy now, pay later (BNPL) option to its eCommerce merchants as a preferred payment method via a strategic partnership with BNPL startup Sezzle.   Get the Full Story Complete the form to unlock this article and...

Retail
Perch Acquisition Sets Stage For Larger Push Into Fulfillment Operations
August 26, 2021

Selling on Amazon and other marketplaces can be lucrative for merchants these days — so lucrative that companies like Thrasio, Perch and Elevate Brands have raised over $2.3 billion in funding to acquire and grow these third-party sellers’ brands. Get the Full Story Complete the...

Retail
Ace Hardware Plans New West Coast Distribution Center
August 26, 2021

Hardware retail giant Ace Hardware announced it will open a 1 million-square-foot retail support center in Visalia, Calif., adding more than 400 jobs to the region and improving the company’s West Coast reach. Get the Full Story Complete the form to unlock this article and...

Retail
Dollar Tree Raises Estimated Freight Costs, Lowers Outlook
August 26, 2021

Dollar Tree consolidated net sales increased slightly in the second quarter, up 1 percent to $6.34 billion compared to a year earlier, as the company remains focused on renovations of 800 Family Dollar stores and the rollout of 400 new or renovated combo stores. Get...

Retail
Dollar General To Open Over 1K New Stores
August 26, 2021

Dollar General plans to remodel, relocate or open 2,900 stores across the U.S. by the end of the year, the company said on Thursday (Aug. 26), after spending the last several months building new distribution centers and bolstering its selection of health and beauty merchandise....