Indonesian eCommerce firm Bukalapak increased the size of its initial public offering (IPO) to $1.5 billion and is on track to be the largest public offering in the country, Reuters reported on Friday (July 16), citing sources. Get the Full Story Complete the form to...
In today’s top retail news, JCPenney has rolled out its new Thereabouts private-label kids’ clothing line, while American shoppers spent more in department stores and less on furniture and cars in June. Plus, the mid-summer competition between the two top retailers is heating up on...
It was a big week for big brands in the payments space, with the common theme of getting even bigger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
In today’s top payments news around the world, Paytm is said to be seeking a $2.2 billion initial public offering (IPO) in India at a $25 billion valuation, while special-purpose acquisition companies (SPACs) are setting their sights on Southeast Asia’s late-stage startups. Plus, FedEx Express India...
Blend Labs, Inc. launched its initial public offering of 20 million shares of Class A common stock on the New York Stock Exchange, starting at $18 per share and crossing the $20-per-share threshold in early action on the floor. Get the Full Story Complete the...
Earlier this week, the Reserve Bank of India decided to bar Mastercard Asia/Pacific Pte. Ltd. customers from its network due to non-compliance with local data storage rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Volkswagen will ensure that it fully complies with China’s stringent new data privacy rules, the carmaker said in a briefing on its first-half sales on Friday (July 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Special-purpose acquisition companies (SPACs) have set their sights on Southeast Asia’s late-stage startups, CNBC reported this week. A SPAC is a shell company established to raise funds through an initial public offering (IPO). Its only purpose is to merge with or acquire another company to...
With a nod to the grocery “arms race” currently playing out between retail titans Amazon and Walmart, as well as the other prominent players turning various modes into new business models, The Bring-It-To-Me Economy: How Online Marketplaces And Aggregators Drive Omnichannel Commerce, a PYMNTS and Carat...
