Berlin-based digital insurance company wefox has landed $650 million in financing, giving the a firm a valuation of $3 billion, according to a Tuesday (June 1) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
German freight-forwarding startup sennder raised an additional $80 million in its January Series D funding round, bringing the total to $240 million at a valuation of more than $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Doughnut chain Krispy Kreme announced Tuesday (June 1) that it had filed paperwork for its proposed initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC). The so-called S-1 filing follows a draft filed in early May, and comes on the heels of...
Nigerian ride-hailing startup Gokada Rides is diversifying its services and bolstering its eCommerce and food delivery units after expanding into last-mile delivery and logistics in 2020, Bloomberg reported on Tuesday (June 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In a year that has consumed some of the largest and oldest department stores and pushed many retail chains to the brink, the LetterJ boutique — a single-location menswear boutique in New York City’s Chelsea gallery district — has managed to survive and thrive where others have...
It’s been said “there is no ‘i’ in team” — but for the nation’s retailers and the legion of small and medium-sized businesses that support and supply them, there are two giant “i-words” complicating the comeback: inflation and inventory. Get the Full Story Complete the...
Beauty technology company Perfect Corp. has teamed with Google on the rollout of augmented reality (AR) beauty try-ons via Google search, according to a Tuesday (June 1) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Kirkland’s, a home décor retailer that runs 370 brick-and-mortar locations and an eCommerce website, reported that comparable sales surged by approximately 75 percent and eCommerce saw growth of 42 percent, according to a Tuesday (June 1) announcement. Get the Full Story Complete the form to...
Money transfer service Wise (formerly Transferwise) is now facilitating rupee (INR) transfers from India to more than 40 countries, including Australia, Canada, Singapore, the U.S., the U.K. and UAE. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
