SK Telecom and Uber Technologies have entered into two business arrangements — one an agreement to collaborate and the other a joint venture — focusing on the ride-hailing business, SK Telecom announced on Friday (Oct. 16). Get the Full Story Complete the form to unlock...
The notion that “cash is king” when it comes to how we pay for things and like to be paid ourselves has outlived its time, new PYMNTs research shows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Russian search giant Yandex said in a statement on Friday (Oct. 16) that merger talks with TCS Group Holding (Tinkoff) have fallen apart. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Jack Ma’s Ant Group is said to be setting its sights on a $280 billion minimum valuation target for its initial public offering (IPO), which is 12 percent higher than its earlier $250 billion valuation, sources familiar with the deal told Bloomberg on Friday (Oct....
In today’s top payments news around the world, India’s pay-later app Slice is introducing a no-fee Visa Card, while Stripe is purchasing payment processor Paystack. Plus, London’s FinTech space has been going strong in 2020 despite the pandemic. Get the Full Story Complete the form...
Facebook’s Ireland and United Kingdom unit has agreed to change the way Instagram works to “make it much harder for people to post an (advertisement) on Instagram without labelling it as such,” Britain’s top antitrust regulator announced Friday (Oct. 16). Get the Full Story Complete...
The popular social app TikTok is driving toy sales as the platform becomes a popular entertainment vehicle for children, tweens and teens, according to a Friday (Oct. 15) CNBC report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The fashion category has arguably been the most complex amid the pandemic and subsequent shift to the digital-first economy. Business models have been flipped to emphasize eCommerce over physical stores. The consumer is buying more casual clothes than they were just six months ago. It’s...
A 29 percent drop in revenue brought the heat from analysts and the stock market on Thursday (Oct. 15), as Walgreens Boots Alliance reported results from its most recent quarter. But check the earnings call and the picture looks a bit more optimistic. Earlier in...
