News

Investments
WeFarm Raises $13M To Grow Global Farming Network
October 29, 2019

The London-headquartered Wefarm network for independent farmers has raised $13 million in a Series A funding round led by True Ventures, TechCrunch reported on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Delivery
Waymo Gains Speed With Self-Driving Taxis And Deliveries
October 29, 2019

The self-driving future is not exactly here yet, but it’s coming quickly, at least based on some of the most recent moves in this space – a space that will impact payments and commerce much more as time goes on. Get the Full Story Complete...

B2B Payments
Tencent Spearheads Blockchain Invoice Standardization Initiative
October 29, 2019

China’s Tencent will take the lead in helping the global blockchain industry standardize invoices sent on distributed ledger technology (DLT), China’s Global Times reported on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Ridesharing
Lyft Rolls Out Paid Membership Discount Program
October 29, 2019

Lyft is rolling out Lyft Pink, a new membership plan for riders looking for discounts on car, bike and scooter rides, the ridesharing firm said in a blog post on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Amazon Business Expands To Canada
October 29, 2019

Amazon is expanding Amazon Business and Business Prime for its Canadian business customers, the eCommerce conglomerate announced on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Amazon Earmarks $631M For Its India Sectors
October 29, 2019

Amazon is allocating $631 million (₹4,472.50 crore) to fund its Indian bureaus – Amazon Seller Services, Amazon Pay and Amazon Retail – after cutting earlier losses, Deal Street Asia reported on Tuesday (Oct. 29). Get the Full Story Complete the form to unlock this article...

Retail
Royl Aims To Be The Antidote To Athleisure
October 29, 2019

The rise of leggings, and the tidal wave of athleisure clothing unleashed upon the market over the last five years, has not been universally beloved. For every booster who happily declaims about how comfortable they are at all times — at work or at play...

Retail
Grubhub Crushed By Food Delivery Competition
October 29, 2019

Online food delivery is an increasingly competitive space for commerce, and the newest evidence comes from Grubhub. Its shares were tanking early this week after the company posted what investors apparently viewed as a disastrous third-quarter 2019 financial report. Get the Full Story Complete the form...

Retail
Allbirds Looks To Open 20 Brick-And-Mortar Locations
October 29, 2019

With a brick-and-mortar expansion in the works, direct-to-consumer shoe brand Allbirds plans to open 20 stores next year. The company began as a Silicon Valley eCommerce retailer, and has opened 14 stores so far, CNBC reported. Get the Full Story Complete the form to unlock this...