In today’s top retail news, both Snapchat and Twitter reported strong quarterly earnings as the social media companies try to insert themselves more into the world of commerce, while Harley-Davidson takes a major step in its own digital aspirations. Also, Taboola is acquiring eCommerce platform...
Say what you will about the world of payments and commerce, it’s never boring as every week brings a new slew of issues to the table. And last week was no exception as the great challenger bank disruption started looking away from consumer banking in...
The fallout from Beijing’s crackdown on Chinese education stocks listed in the U.S. triggered plummeting values following the curtailing of foreign investments, CNBC reported on Friday (July 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Singapore on Friday (July 23) unveiled an $808 million aid package — 1.1 billion in that country’s currency — aimed at helping workers and businesses affected by the nation’s latest COVID-19 restrictions. Get the Full Story Complete the form to unlock this article and enjoy...
The Philippines central bank, Bangko Sentral ng Pilipinas (BSP), has mandated that the social media platform Lyka to suspend its activities as an operator of payment systems (OPOs) as area officials crack down on FinTech rules. Get the Full Story Complete the form to unlock this...
If the overall pace of SPAC listings has cooled off markedly in recent weeks and months as compared to the torrid pace observed last year, some “upsizing” of recent debuts may offer at least some glimmer of hope to champions of that merger/listing model. Get...
Vodafone could spin off its popular African mobile money service M-Pesa, the company’s CEO told Bloomberg News on Friday (July 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It was a good day in earnings for social media networks yesterday, as both Twitter and Snap Inc. reported their strongest growth in years, narrowing losses, major advances to their active user counts and ambitions to do more with their social media platforms to insert...
Despite beating internal and Wall Street expectations in the second quarter, Skechers is emphasizing that the COVID-19 pandemic is not over and that the situation remains fluid, even while projecting continued demand through the rest of the year. Get the Full Story Complete the form...
