KakaoBank Corp., the five-year-old South Korean mobile-only bank, is prepared to raise $2.2 billion after pricing its initial public offering (IPO) at the top of a marketed range, Bloomberg reported Thursday (July 22). Established by Korea Investment Holdings and Kakao Corp., the bank, which is...
The Fresh Market, a specialty grocery chain with 159 locations in 22 states, is going public after five years of operating as a private company. Official word of the company’s preparations for its initial public offering (IPO) first got out in March, when the company...
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, David Excell, founder of...
As consumers continue their exodus from pandemic isolation to see friends and family after many months apart, personal presentation is once again resurging, leading many retailers to seize on beauty as a driver of growth for the future. Get the Full Story Complete the form...
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, Tom Panther, CFO of...
Crocs saw its revenue nearly double year over year to $640.8 million in the second quarter, beating both internal and Wall Street expectations as direct-to-consumer (D2C) and digital sales accelerate amid the reopening of retail locations and increased demand. Get the Full Story Complete the...
Uber’s trucking unit, Uber Freight, has inked a $2.25 billion deal to acquire transportation logistics company Transplace from TPG Capital. The deal includes $750 million in Uber common stock and the remainder in cash. Transplace was acquired by TPG Capital in 2017. Get the Full Story...
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, Matt Carpenter, SVP and...
There is a challenge in the B2B services sector that can wreak havoc on accounts receivable efficiency. Unlike other verticals in which tangible products are delivered, services can be more difficult to quantify, with plenty of room for billing gray areas. Get the Full Story...
