Chinese smartphone firm Xiaomi is planning to pump over ¥50 billion ($7.18 billion) into artificial intelligence (AI) and 5G technologies over the next five years, Reuters reported on Thursday (Jan. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Uber is leveraging its ride-hailing success in Africa to deliver local fare that caters to the tastes of its middle-class customers, Reuters reported on Thursday (Jan. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
As it aims to tap into its massive digital subscriber base to take on worldwide eCommerce companies, Mukesh Ambani’s Reliance Industries is launching an early version of its online retail offering. The firm has begun to invite shoppers in certain Mumbai suburbs to sign up...
As diners can order a wide range of cuisines from their smartphones, mobile order-ahead continues to become more popular — and quick-service restaurants (QSRs) are taking note. The technology is changing the design of restaurants, as some coffee chains are rolling out pick-up only locations...
As of 2019, vitamins were a big revenue generator in the U.S., as consumers typically shell out a little over $30 billion a year on vitamins and dietary supplements. In some regards, this is not exactly a new trend. Since their discovery in the late 19th century, vitamins, supplements...
It’s going to be a very vocal year when it comes to retail. 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 newsletter, PYMNTS Today....
As online shopping powers a forecasted 26 percent year-over-year volume surge on National Returns Day, the United Parcel Service (UPS) foresees shipping 1.9 million gifts and other products back to U.S. retailers. Jan. 2 is the day with the most activity for holiday returns in...
Several high-profile corporate collapses and initiatives from corporate accounting standard-setters have raised questions about businesses’ use of supply chain finance and whether the trade finance tool prevents investors and auditors from gaining a transparent view into company finances. Get the Full Story Complete the form...
When 98,000 U.S. public schools send paper-based invoices to parents for expenses like field trips, they often get paid with cash or checks. In the latest Faster Payment Tracker, Jerry Banks, CEO of educational transaction processing platform Bursari, discusses how digital invoicing and mobile payments...
