MercadoLibre said that net revenues rose to $1.3 billion — in U.S. dollars, up nearly double from the same quarter a year ago. However, the company posted a net loss of $50.6 million, resulting in net loss per share of $1.02. Get the Full Story Complete...
Gambling software startup Simplebet has closed a $15 million funding deal to advance its sports betting platform, CNBC reported on Tuesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Square gets a bank – and so, now what? It may be the case that the proverbial floodgates have opened for FinTechs to leverage what we might think of as the “industrial bank” operating model, in order to meld digital-first operations with traditional banking services. Get...
For a company that was launched in 2017 and has steadily built a loyal customer base for its body-shaping creams and lotions among new moms and 25-35 year old millennials, nothing can compare to the growth Maëlys has experienced over the past year. Get the...
Although Jack Ma agreed to turn over Ant Group’s customer financial data, the People’s Bank of China (PBoC) and Beijing regulators are not satisfied with the quality of what’s been submitted, the Financial Times (FT) reported on Tuesday (Mar. 2), citing sources. Get the Full...
You may not be a “sneakerhead” — or even know what one is — but chances are you caught wind of the attention that Vice President Kamala Harris received when she stepped out at a campaign event in a black pair of Converse “Chuck Taylor”...
Kohl’s, the embattled operator of 1,100 department stores, said Tuesday (March 2) that its fourth quarter sales fell 10.1 percent, tempered by a 21 percent increase in its digital operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Target, the country’s second-largest retailer, said on Tuesday (Mar. 2) that years of investment into its omnichannel capabilities drove record sales and earnings for the fourth quarter and full year, as pandemic-related shopping habits led to exponential increases in its digital and drive-up offerings. Get...
AutoZone, Inc., an automotive parts and accessories retailer, reported that net sales jumped 15.8 percent in the second quarter of fiscal 2021 as it expanded its store count, according to a Tuesday (March 2) announcement. Get the Full Story Complete the form to unlock this...
