Nordstrom is continuing its push to become a digital-first business with the Wednesday (March 17) debut of its livestream shopping channel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In today’s top payments news around the world, SEB is the global coordinator and bookrunner of Scandinavia’s first blank-check company, while Bird is launching an expansion across Europe and is earmarking $150 million toward the plan. Plus, Cover Genuis has named a new senior vice...
The use of special-purpose acquisition companies (SPACs) to go public boomed in 2020. The growth of these blank-check companies has exploded even more in the first quarter of this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In today’s top news, Olo is expected to raise $450 million in its initial public offering (IPO), and Chime could IPO within the year. Plus, Mastercard and Visa have postponed their planned interchange fee hikes. Get the Full Story Complete the form to unlock this...
In the pre-COVID age, offering in-store free samples to grocery shoppers was one of the most effective ways to push the adoption of new products. Samples could boost products’ sales by as much as 600 percent in some cases. However, in the wake of the...
Sports might have been sidelined by COVID-19 in 2020, but online sports betting was not. In fact, Flutter, the parent company of FanDuel — one of the major online sports betting outfits in the U.S. — turned in an impressive 81 percent revenue growth in...
Orange is investing in the “Venture Reality Fund II” in an effort to promote immersive technologies and speed the development of new 5G services, the telecommunications company announced Wednesday (March 17. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Even as Pinduoduo, founded in 2015, overtakes Alibaba to become China’s largest eCommerce company, a shakeup at the top continues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Alibaba Group — the biggest eCommerce platform in China — will host its bargains app, Taobao Deals, on Tencent’s WeChat platform, Bloomberg reported, citing sources. The move was prompted by China’s antitrust regulators, who are in the midst of an aggressive campaign to reel in...
