Singapore’s Grab could hit a valuation as high as $40 billion if talks with a special purpose acquisition company (SPAC) solidifies into a deal, The Wall Street Journal reported on Thursday (March 11), citing sources. Get the Full Story Complete the form to unlock this article...
Switzerland’s Credit Suisse had to freeze four Luxembourg-based funds that invested $10 billion in supply chain finance, adding to the fallout from the collapse of London startup Greensill Capital, Reuters reported on Thursday (March 11). Get the Full Story Complete the form to unlock this article...
As grocery worker advocates are demanding “hero pay” across the United States, some areas are heeding the call. Parts of California, most recently Santa Monica and San Francisco, but also Coachella and all of Los Angeles, have implemented ordinances requiring an additional $4-5 per hour...
Chinese regulators are mulling a record antitrust fine against Alibaba that would surpass the $975 million levied against Qualcomm in 2015, The Wall Street Journal reported on Thursday (March 11), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...
In today’s top news in digital-first banking, LendingClub reported as part of its fourth-quarter financial results that originations increased 56 percent quarter over quarter, while NTT DATA is providing a new digital banking platform. Plus, Shinhan Bank has built out a pilot program for a...
Today in B2B payments, Payoneer taps Mastercard for small business digital solutions, and Beanworks boosts its accounts payable technology with artificial intelligence. Plus, TimeSolv pushes to eliminate accounts receivable, NuORDER lands funding for its B2B eCommerce solution and investors back Pipe’s corporate finance tool. Get...
Nimble Robotics, Inc. announced a $50 million Series A financing round on Thursday (March 11), a move designed to allow the robotics and eCommerce fulfillment technology firm to accelerate hiring, develop their product and technology, and scale robot deployments for fulfillment operations. Get the Full...
The era of “tCommerce” is upon us, if Amazon is to be believed. Amazon Studios Chief Operating Officer Albert Cheng said that after a long period of development, it seems consumers are ready to try out tCommerce, which is the buying of goods directly from...
In today’s top retail news, Revlon, Inc. reported that its net sales dropped by 10.4 percent in the fourth quarter of 2020, while Kohl’s has unveiled its FLX private-label brand. Plus, the head of AMC Entertainment said he is “optimistic and confident” about his firm’s...
