Elm, the digital security firm owned by Saudi Arabia’s sovereign wealth fund, is exploring a roughly $2 billion initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As consumers have shifted their food spending towards grocery over the past 14 months, major industry players have taken the opportunity to invest in their grocery offerings, and the space has grown increasingly competitive. A leaked memo from Walmart shows that while the retailer remains...
After years of forecasts of such an event, cybercriminals finally grabbed a vital piece of in infrastructure that they are refusing to unhand until someone pays them. The cybercrime gang known as DarkSide has reportedly shut down a vital U.S. pipeline, now in its fourth day...
In the middle of negotiating a merger deal with Tokopedia, Gojek has reeled in $300 million in investment funds from state-owned mobile operator Telkomsel, Nikkei Asia reported. Gojek is already Indonesia’s largest private tech company. Get the Full Story Complete the form to unlock this...
Global self-driving truck startup Plus is going public via a $3.3 billion merger with the special purpose access company (SPAC) Hennessy Capital Investment Corp. V (HCIC V). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Amazon, the world’s largest online retailer, said a $700 million investment and the work of 10,000 employees put a major dent in the company’s effort to eliminate the sale of counterfeit products from its site. Get the Full Story Complete the form to unlock this...
Eddie Bauer, the 100-year-old outdoor sportswear retailer, will become the sixth retail brand added to the stable of SPARC Group, a four-year-old joint venture between mall owner Simon Property Group and brand licensing and development firm Authentic Brands Group (ABG). Get the Full Story Complete...
Whether it’s Walmart or Wagable, Chewy or Cat Person, the mix of retailers and service providers looking to take a bite out of the $100 billion petcare industry has never been bigger. With an estimated 11 million more pet owners today than before the pandemic,...
Mattel Inc., the toy company, rolled out a toy takeback effort called Mattel PlayBack that will let families “extend the life of their Mattel toys once they are finished playing with them,” according to a Monday (May 10) announcement. Get the Full Story Complete the...
