China’s move to suspend Ant Group’s anticipated blockbuster initial public offering (IPO) likely came from the top echelon of the Chinese government, according to a report in the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As customers delayed payments in the wake of economic deceleration, firms in China are waiting two times as long for payments than they did in 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s top news, scammers are targeting used car buyers amid an uptick in digital sales, and California voters passed a proposition that upholds gig worker status. Plus, Wayfair released a blockbuster quarterly earnings report. Get the Full Story Complete the form to unlock this...
The latest earnings reports from Big Tech giants and social media platforms show that advertising spend is through the roof at present, after basically falling off the roof earlier this year. Are media buyers burning through budgets at the last minute just to preserve them...
Supply chain delays are impacting the restocking activities of merchants, with Crocs Inc. and Steve Madden Ltd. leaders saying in their Q3 reports that they were impacted by shipping bottlenecks in moving products to shops and distribution hubs, The Wall Street Journal reported. Get the Full Story...
The decline in international students setting their sights on M.B.A. programs in the U.S. means more of them are looking elsewhere — to Europe and Canada in particular, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and...
In today’s top payments news around the world, Indonesian logistic startup Logisly raised $6 million in Series A funding, while Russian eCommerce platform Ozon has filed for an initial public offering in the U.S. Plus, Swedish private insurer Folksam Group says a data breach affected...
Today in B2B Payments, commercial payments technology firm FLEETCOR reveals $1 billion plans for M&A activity. Plus, Hong Kong’s Statrys raises funding for its SMB FinTech, Repay Holdings inalizes its CPS Payment Services takeover, and AlfaBank joins blockchain trade finance network Contour. Get the Full...
The John Lewis Partnership, as well as the Lloyds Banking Group, have unveiled intentions to eliminate hundreds of positions, according to the BBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
