A dramatic decline in B2B transactions globally has leaders considering how to move forward, according to data from Tradeshift announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The luxury business is going the distance for COVID-19. While many luxury retailers have found themselves needing to slash prices to keep inventory moving, some luxury brands are switching manufacturing to assist in the coronavirus crisis. For example, LVMH, which owns high-end brands Louis Vuitton,...
To compete with Grab Holdings, Gojek has beaten tech industry tumult amid the coronavirus pandemic and notched $1.2 billion in fundraising, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As more customers shop online and upgrade their cellphones less often, stores like Dixons Carphone Warehouse are feeling the crunch, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In today’s top news, experts say 50 percent of people could lose their jobs due to current restrictions in place to prevent the spread of the coronavirus, and Travelex parent Finablr said it could be in danger of collapse. Plus, the U.S. Federal Reserve promised...
One, a new digital banking service in the U.S., is launching with a focus on helping middle class Americans with their finances in a new way, according to a release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Nordstrom Inc. is shuttering its brick-and-mortar retail locations for two weeks in the United States and Canada, with the inclusion of Nordstrom Rack stores, to restrict the proliferation of the coronavirus, the company said in an announcement. Nordstrom will provide store employees with pay as...
Grab, a Southeast Asian app, and the Infocomm Media Development Authority (IMDA) have teamed up to run an accelerator meant to jumpstart Singapore startups and help them to expand to other countries, according to a report by Deal Street Asia. Get the Full Story Complete...
The latest rumors about Apple buying Walt Disney Co. aren’t new – they go back to Disney’s 2006 acquisition of Pixar. That made late Pixar Co-founder Steve Jobs into Disney’s largest shareholder and a member of its board. Of course, Jobs was also co-founder of a...
