There’s an old saying that asks, “Why buy the cow if you can get the milk for free?” But lately, in the case of Walmart, it’s more a case of “Why buy the robot if you can get some guy to do it for less?”...
Ant Group‘s initial public offering (IPO) could be delayed by six months and its valuation reduced by quite a lot after its delay this week, a report from the Financial Times says, as new regulations come into play. Get the Full Story Complete the form to unlock...
Omnichannel commerce platform Lightspeed is acquiring point-of-sale (POS) firm ShopKeep in a move to advance digital transformation as the pandemic accelerates changes to the buying and selling landscape, according to a press release. Get the Full Story Complete the form to unlock this article and...
Recognize the names Jay Gould and Jim Fisk? These two Wall Street warlocks of yore were accused (and assuredly guilty) of some of the greatest stock swindles ever conceived. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
As Google and Walmart battle for market share in India’s fast-growing payments sector, they face a new obstacle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Payments technology startup Shift4 Payments has acquired eCommerce firm 3dcart to create a global, “unified commerce ecosystem,” the company announced in a Thursday (Nov. 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In today’s top news, China’s suspension of Ant Group’s IPO likely came from top officials, and LendingClub’s third-quarter earnings boasted an impressive rebound. Plus, Uber reports earnings tonight (Nov. 5), after scoring a big win in California over gig worker status. Get the Full Story...
The United Kingdom’s version of the Paycheck Protection Program is also getting hit up by fraudsters, though British bankers appear to be a step ahead in short-circuiting the scams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Commerzbank, Germany’s second-largest bank, is bracing for widespread bankruptcies among small and mid-sized business customers as the pandemic continues to weigh heavily on the global economy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
