Uber CEO Dara Khosrowshahi said Uber almost acquired premium food delivery service Caviar, but ultimately decided against it, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
New York aviation startup Wheels Up has notched a $128 million Class D equity capital raise co-led by new investor Franklin Templeton, the company said in a press release on Friday (Aug. 9). Get the Full Story Complete the form to unlock this article and...
That the global skincare market is a large and growing concern is no secret. By some estimates, its total global value will be pushing $187 billion by the year 2027, up from the approximately $123 billion it was worth in 2018. And that 4.37 percent CAGR...
Make room for more contextual commerce and more retail innovation in the travel sector. That’s the view from one of Google’s latest retail-associated launches, an airfare insight and travel recommendations offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Outdoor apparel retailers are reinventing their brick-and-mortar spaces to connect with customers by making stores into destinations that offer experiences. The North Face, for instance, is opening a new experiential retail store in the New York City’s SoHo neighborhood as it plans to make existing...
With a pilot for a citywide deployment, China’s EHang will create a network of air taxis as well as transports in Guangzhou. The company is geared toward creating as well as deploying autonomous passenger and freight vehicles, according to reports. Get the Full Story Complete...
As it launches larger and more interactive stores, Foot Locker is working with Nike. The retailer’s Power locations are said to be four times larger than its usual mall locations, and one is set to open this weekend in New York City, CNBC reported. Get...
Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. 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...
India and Europe were at the forefront of VC activity this past week, as dollars and euros flowed to startups focused on SMBs (Germany’s Penta among them of course) – and in particular, helping them access capital and automate backend functions.