News

South East Asia
Grab’s Co-Founder Seeks Lifetime CEO Post In Gojek Union
December 28, 2020

Anthony Tan, Grab co-founder and chief executive officer, is looking to secure his title for life as the Singapore delivery and rideshare platform continues to move forward in its merger with rival Gojek, based in Indonesia. Get the Full Story Complete the form to unlock...

B2B Payments
Today In B2B: Brexit Uncertainty Looms; Unifiedpost Acquisitions Bolster B2B Platform
December 28, 2020

Today in B2B payments, Unifiedpost reveals acquisitions to build out its B2B platform, while Tally Solutions launches eInvoicing technology in India. Plus, Navisteps raises funding for its T&E tech, Pepperl+Fuchs strengthens supply chain innovation, and a Brexit deal is reached, with questions still looming. Get...

Retail
Five Takeaways From Mastercard’s Holiday Spend Data
December 28, 2020

It could be argued that for the retail industry to pull off a 3 percent uptick for holiday sales this year was an astonishing feat. After all, consumers were pushed onto digital platforms early in the season and then pushed again as the pandemic surged...

Partnerships / Acquisitions
FedEx Wraps Up ShopRunner Purchase
December 28, 2020

FedEx Corp. said on Monday (Dec. 28) that it has finished its purchase of ShopRunner, which had been announced in the past. The logistics company said that ShopRunner’s functions complement and grow its eCommerce portfolio and are anticipated to “create increased value for brands, merchants...

Retail
Retail 2020: Looking Back On D2C Brands
December 28, 2020

Direct-to-consumer (D2C) brands came in two flavors during 2020. The first were the Pepsis, Heinzes and Krafts that either didn’t like their retail distribution or saw a pandemic-driven opportunity to get new products in new configurations to the consumer. The second flavor were the brands...

Retail
Save A Lot Sells 51 Retail Locations To Fresh Encounter
December 28, 2020

Discount supermarket retailer Save A Lot unveiled the sale of 51 retail locations run by the company in the Tampa, Florida market to existing Save A Lot Retail Partner licensee Fresh Encounter. The latter company will keep running the retail locations with the Save A...

International
Flipkart Wholesale Business Growing Rapidly After App’s Launch
December 28, 2020

India-based Flipkart said its new wholesale operation, a business-to-business (B2B) marketplace, has surged in popularity as the pandemic has pushed more sales online. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
An Order-To-Cash Overhaul Is Coming For B2B Payments
December 28, 2020

PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: “Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing familiar payment tools and being supported by the same...

B2B Payments
How New B2B Payment Models Tackle The Buyer-Supplier Conflict
December 28, 2020

While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...