Vroom, the online used-car sales startup, is eyeing an initial public offering (IPO) for June of this year, according to sources familiar with the company’s inner-workings, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The British Retail Consortium has said the U.K.’s financial aid measures haven’t been enough to stop a total collapse for many retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
CLEAR, a biometric ID company, is eyeing a new way to help companies scan for the coronavirus as employees eventually return to work. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
General Atlantic (GA) is said to be negotiating an $850 million to $950 million deal for a stake in the Indian telecom company Reliance Jio, Bloomberg said in a report on Friday (May 8), citing sources acquainted with the negotiations. Get the Full Story Complete...
American Express Global Business Travel, seeing its sales more than halved from the pandemic, could now also lose out on a purchase by private equity firm Carlyle Group and Singapore-based GIC, a sovereign wealth fund. Get the Full Story Complete the form to unlock this...
You’d be forgiven for being preoccupied with headlines and news stories focused on surging U.S. employment. 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 our daily...
Impossible Foods’ restaurant business has been impacted by the coronavirus, but Pat Brown, the company’s CEO and founder, said in a televised interview that it has not been affected as negatively as “the industry at large.” He said the result was partly because “a number of...
As they navigate the coronavirus pandemic and begin to reopen stores, large retailers are putting safety measures into place to keep shoppers and staff members safe — and get customers confidently back into stores. Get the Full Story Complete the form to unlock this article...
Jio Platforms Ltd., India’s largest mobile operator, announced it is raising 113.67 billion rupees ($1.5 billion) from Vista Equity Partners, the U.S. private equity firm. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
