Online food delivery platform Swiggy has raised $43 million as part of its ongoing Series I round to develop and expand its new businesses, according to multiple reports on Monday (April 6). Get the Full Story Complete the form to unlock this article and enjoy...
Uber has struck a deal with online retailer Flipkart in India to deliver “everyday essentials,” as the country remains in lockdown as part of the coronavirus pandemic, per reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The dreaded “B” word has been circulating with more weight and frequency, as the week opens with nonessential retailers reckoning with life during the contagion. Over the weekend, the U.K. retail scene was stunned when Debenhams – a 242-year-old High Street brand – filed for...
Anyone who’s had a Zoom meeting in the past week will attest to the fact that connectivity is having a moment. That doesn’t mean, however, that the star turn expected from connectivity’s guiding light this year will happen. Get the Full Story Complete the form...
Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. And eCommerce success is dependent upon shipping. Therein lies a serious problem. Because as anyone who has ordered a nonessential item over the past few weeks can...
As its restaurants are shuttered over a lockdown enforced by authorities to keep the coronavirus from spreading, Yum! Brands Inc., the owner of KFC, has reportedly informed landlords in South Africa that it is withholding rent. The policy relates to the just under 50 stores...
To keep their market connected amid the coronavirus pandemic that has made many of them shutter because of stay-at-home rules, fitness studios throughout the country are tapping into digital platforms. Boutique classes are, for the most part, providing complimentary sessions, and, as a result, classes...
While troubling times can showcase humanity’s resiliency, they can also bring out the worst in people. 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...
The architecture and engineering (A&E) supply chain is a complex web of designers, builders, contractors and sub-contractors, project owners and more. With multiple business models available to initiate and complete a project, the flow of cash from one participant to the next is often bottlenecked...