News

Investments
LATAM’s Loft Snags $175M To Improve Digital Real Estate Sales
January 03, 2020

Latin America-based Loft, a digital real estate startup that aims to make buying and selling real estate in the region easier, has raised $175 million in a series C funding round, according to a press release. Get the Full Story Complete the form to unlock...

News
Top News In Payments: Apple Shares Hit Record High; CA Denies Lending License For Sezzle
January 03, 2020

In today’s top payments news, Apple’s share price hit a record high above $300 on Thursday, “buy now, pay later” company Sezzle was denied a lending license from California and a European Central Bank policymaker urged area banks to seek alternatives to Libra. Get the Full...

Retail
Can Booze Help Build Better Retail Experiences?
January 03, 2020

That great wit Homer Simpson, one the most influential court jesters of the past 30 years, had this to say about the habit of drinking adult beverages: “Here’s to alcohol: the cause of, and solution to, all of life’s problems.” Get the Full Story Complete the...

International
Employees Claim OYO Uses Corrupt Practices To Boost Growth
January 03, 2020

The New York Times is reporting that OYO, a quickly growing hotel startup that aims to be the largest hotel chain in the world by 2023, has inflated its numbers and has a toxic work culture fueled by tireless expansion. Get the Full Story Complete...

Retail
Digitizing The Personal Trainer
January 03, 2020

It happens like clockwork at the beginning of every year: Consumers feeling bad about the previous eight weeks of overeating and indolence repent and join a gym. Gym memberships spike nationally as the well-intentioned resolve that this will be the year they get in shape....

Retail
POS Financing Could Play A Bigger Role In Retail In 2020
January 03, 2020

Financing has long been part of retail, and it’s changing thanks to new technology and changing consumer desires. 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...

Retail
Ouai Prepares For Ulta Beauty Store Rollout; Reliance Industries Launches Retail Service
January 03, 2020

Online brands are growing their presence in the physical world by bringing their products into brick-and-mortar stores. Ouai, a hair and body care brand founded by celebrity hairstylist Jen Atkin, will roll out some of its merchandise in 1,200 Ulta Beauty locations in addition to the...

Retail
Retail Sales Plunge In Hong Kong
January 03, 2020

With visitor arrivals to Hong Kong dramatically falling, the financial center’s retail sales registered a double-digit drop in November. Retail sales by value retreated 23.6 percent in the month from the prior year, but the November drop was a bit better than the forecasts of...

Retail
Tesla Delivers 112K Vehicles In Q4
January 03, 2020

With a chart-topping fourth quarter that came out ahead of Wall Street estimates, Tesla delivered 112,000 vehicles around the world. The Street expected the electric automaker to deliver 106,000 vehicles in the quarter, which would have met the company’s annual 360,000-400,000 vehicle delivery goal, CNBC...