News

B2B Payments
Report: Bill.com Eyes Purchase Of Expense Management Startup Divvy
May 05, 2021

Expense management company Divvy is reportedly the target of a potential acquisition, according to Forbes. 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...

eCommerce
Canada Sees Warehouse Space Shortage Amid eCommerce Boom
May 05, 2021

A warehouse space shortage fueled by the rise in eCommerce is disrupting the economy in Toronto, Canada’s largest city, and threatening to eat up all of the available storage space in the country, Bloomberg reported Wednesday (May 5) Get the Full Story Complete the form...

IPO
Krispy Kreme Gears Up For IPO Amid Wavering Baked Goods Market
May 05, 2021

Krispy Kreme confidentially submitted paperwork with the Securities and Exchange Commission (SEC) for an upcoming initial public offer (IPO). The company, owned by JAB Holding Company, was acquired by the German investment conglomerate in 2016 in a $1.35 billion deal, taking the company private 16...

IPO
Jessica Alba’s Honest Company Notches $412.8 Million IPO
May 05, 2021

Honest Company, the consumer goods company launched by actress Jessica Alba, raised $412.8 million in an initial public offering (IPO) at a $1.44 billion valuation, CNBC reported on Wednesday (May 5). The Los Angeles-based company plans to list its shares on Nasdaq under the ticker symbol HNST....

Retail
Today In Retail: EVgo Attains 250,000+ Customers On Charging Network; TrueCar, Roadster Collaborate To Help...
May 05, 2021

In today’s top retail news, EVgo announced that it has reached more than a quarter of a million customers on its charging network throughout the country, while TrueCar has rolled out an experimental effort with Roadster. Plus, Office Depot says it is splitting its business-to-business...

Bitcoin
FIS Teams With NYDIG To Allow Bitcoin Purchases From Bank Accounts
May 05, 2021

The FinTech company FIS said it can provide banks with an “industry-first solution” to give customers the ability to buy, sell and hold bitcoin using their bank accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Is AR/VR Finally Ready For Prime Time — And In Retail?
May 05, 2021

When Facebook first purchased VR headset firm Oculus Rift in 2014 reactions were mixed. Some wrote the purchase off as Facebook’s then 29-year-old CEO making a multiple billion-dollar purchase of an extremely technologically advanced video gaming system. Some, however, hailed it as a visionary move...

Social Commerce
Facebook’s Workplace Subscribers Up Over 40 Pct
May 05, 2021

With the continuing prevalence of remote work, many employers are now looking to create employee-centered positive experiences, regardless of where people work and live. Facebook now has more than seven million paid subscribers on its remote work portal Workplace, an increase of more than 40 percent...

Delivery
Merchants Can Now Offer Alcohol Delivery Through Square Online
May 05, 2021

Square sellers will now be able to offer customers alcohol delivery on Square Online’s on-demand delivery option, the digital payments processor announced Wednesday (May 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...