Singapore tech startup Sea has acquired Indonesia’s PT Bank Kesejahteraan Ekonomi (Bank BKE) for an undisclosed amount, Bloomberg reported on Wednesday (Jan. 13), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Struggling or shuttered shopping malls are sometimes redeveloped into medical buildings, multifamily residences and even Amazon distribution centers, but some are finding new life as headquarters or campuses for major corporations. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
General Motors is launching a new division called BrightDrop to offer what the automaker describes as an entire “ecosystem” of software, services, electric trucks and other equipment to provide shippers with eco-friendly first- to last-mile delivery. Get the Full Story Complete the form to unlock...
Target reported Wednesday (Jan. 13) that comparable digital sales more than doubled during the holiday period, while in-store sales also surprisingly grew despite the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Big Lots, Inc. said on Wednesday (Jan. 13) that it had experienced a roughly 7.5 percent comparable sales rise on a quarter-to-date basis, showing double-digit comps in all categories of products besides seasonal, which dropped by a mid-teen percentage, and food, which increased by a...
Amid its continuing commitment to provide healthcare offerings and benefits to shoppers, Walgreens is growing its financial services offering with the help of Synchrony and Mastercard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Business-to-Business FinTech-as-a-Service (FaaS) startup Rapyd has notched $300 million in a Series D funding round led by Coatue and including both new and existing investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Toshiba Global Commerce Solutions unveiled its ELERA unified commerce platform that will let merchants operate without the bounds of traditional retail IT infrastructures, according to a Wednesday (Jan. 13) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and...
At the start of 2020, chief financial officers and their finance teams were going about business as normal, developing forecasts on a yearly or periodic basis. Forecasting has always been a critical workflow for organizations, a strategy to guide growth trajectories and chart progress toward...
