Under its challenges of moving to smartwatches from fitness trackers, Fitbit has reportedly been in discussions with an investment bank surrounding the possibility of looking into a sale. The company is said to have had difficulty getting a foothold in the category of smartwatches as...
Online personal shopping service Lookiero revealed it has closed a $19 million funding round led by London-based MMC Ventures, as reported on Friday (Sept. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Walmart has announced it will no longer sell eCigarettes after it sells out of its current inventory. The world’s biggest retailer currently sells brands including Njoy, Blu and Juul. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Facebook revealed it has suspended “tens of thousands” of apps due to an investigation into how developers use its members’ data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A cannabis consumer goods and marketing holding company led by PRØHBTD CEO and Founder Drake Sutton-Shearer has launched with $25 million in funding, according to a Sept. 20 press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Today in the payments news roundup, Wells Fargo is collaborating with data platform Plaid to let customers manage their finances in one place through an application programming interface (API). Also, food delivery platform Postmates has raised $225 million at a $2.4 billion valuation. And FinTech Stripe...
Thomas Cook, a global travel company based in based in London, needs to find 200 million pounds for lenders or it could collapse, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Clutter, an on-demand storage company that has been backed by the likes of SoftBank, has acquired The Storage Fox, a storage startup with locations much closer to urban areas, according to a report. Get the Full Story Complete the form to unlock this article and...
Retailers are testing drone delivery to grow their omnichannel offerings and provide “store to door” on-demand service to their customers. Walgreens, in one case, plans to pilot drone deliveries in Christiansburg, Virginia starting in October by partnering with Wing, a member of the Alphabet family...
