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IPO
China Probes Ride-Hailing Giant Didi Ahead Of IPO
June 17, 2021

Regulators in China have launched an antitrust probe into the ride-hailing company Didi Chuxing just as it prepares for what could be the largest American initial public offering of 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
UNTUCKit Teams With Blackhawk Network To Grow Gift Card Program
June 17, 2021

Apparel startup UNTUCKit is partnering with global payments provider Blackhawk Network to grow its gift card program into malls and supermarkets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

IPO
Engine Media Debuts On Nasdaq Amid Platform Opportunities, Challenges
June 17, 2021

Another day, another online platform debut on the public markets. 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...

News
Apparel Retailers Become Marketplaces Selling Multi-Branded Merchandise
June 17, 2021

When most people hear the word marketplace, their immediate association is Amazon — it’s been in the game since the year 2000 and built itself into the best-known internet marketplace in the United States and one of the best known ones in the world.  But...

Retail
Ace Hardware, Kohl’s Join Growing List Of Retailers Holding Events In Challenge To Amazon’s Prime...
June 17, 2021

Amid a spate of retailers unveiling sales events to challenge Amazon’s Prime Day, Ace Hardware said its “Ace Rewards Day” is returning for the third consecutive year. The two-day event provides online promotions and bonus offers for members of Ace Rewards that are only accessible...

Retail
Former Nationwide Exec Expected To Chair Board Of Standalone Victoria’s Secret
June 17, 2021

Donna James is expected to chair the board of directors of a standalone Victoria’s Secret, which is slated to be spun off from L Brands and become its own publicly traded company, according to an announcement. Six of the seven announced directors are women. Get the Full...

Banking
PYMNTS TrueLayer Report: PSPs Unlock Payments Experience With Open Architectures
June 17, 2021

Like many financial innovations, open banking still seemed exotic in 2018 when momentum began building. What the sector didn’t foresee was a global crisis propelling the need for new forms of digital “anywhere” payments and finance that pushed fast-forward on open banking. Get the Full...

Retail
Honest Co Faces Real-World Challenges Like Rising Costs, Declining Diaper Sales
June 17, 2021

Six weeks after making its much-hyped initial public offering (IPO) trading debut, the natural diaper, skin care and household cleaning product maker Honest Company has swapped the glamor of being founded by a Hollywood actress for the real-world trials of growing a business in a...

B2B Payments
Business Bankers Find The Long-Term Lessons Of PPP
June 17, 2021

Financial institutions (FIs) of all shapes and sizes say the Paycheck Protection Program (PPP), having presented a slew of challenges for many lenders, offered some valuable lessons about the importance of digitization and agility. Get the Full Story Complete the form to unlock this article...