News

Delivery
Uber Eyes Supermarket Delivery In Europe
July 26, 2019

Uber is talking to European supermarkets about partnering up for a potential grocery delivery service to compete with rivals like Deliveroo and Amazon, according to a report by Bloomberg.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
Starbucks Aims To Expand China Delivery Success To US
July 26, 2019

Delivery has been successful for Starbucks in China, and it made up 6 percent of the company’s sales in the country last quarter, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

News
New Big Tech Attacks, Uber Subscriptions Dominate Week’s News
July 26, 2019

We at PYMNTS hope you had a terrific week, and that you did not miss any big news from the worlds of payments and commerce. We have you covered in the latest edition of the PYMNTS Weekender. You can read about how food trucks can help...

Regulation
IRS Cracking Down On Crypto-Holding Taxpayers
July 26, 2019

The Internal Revenue Service (IRS) is going to send letters to about 10,000 cryptocurrency holders warning them about the penalties they will face if they don’t report their income or pay taxes on the transactions, according to a report by The Wall Street Journal. Get...

Partnerships / Acquisitions
DOJ Discloses Terms Of Agreement In Sprint, T-Mobile Merger
July 26, 2019

The Department of Justice (DOJ) said on Friday (July 26) that it has come to an agreement on the merger between Sprint and T-Mobile, which is worth $26 billion, according to a report by CNBC. Get the Full Story Complete the form to unlock this...

Investments
UK FinTech Paysend Raises £8.5M For Global Rollout
July 26, 2019

With more than 930 investors on the Seedrs investment platform, FinTech firm Paysend has notched an £8.5m Series B fundraising round from GVA Capital. Seedrs raised £4.6m for the company, while GVA invested £3.95m in the firm, UKTN reported. Get the Full Story Complete the...

Regulation
Australia To Create New Regulatory Branch To Monitor Facebook, Google
July 26, 2019

In a move that could establish a precedent for global lawmakers, Australia said it would create an office to police Google and Facebook. Governments from Europe to the U.S. have been working to face concerns from “fake news” to anti-trust issues, Reuters reported. Get the...

Retail
How To Get Innovation Right In Retail
July 26, 2019

All that investment in innovation pays off — so says the National Retail Federation, which found that three out of five “consumers feel retail technologies have improved their shopping experiences.” Not only that, but those consumers have noticed a particular improvement when shopping online, with...

Retail
Starbucks Rewards Now Counts 17.2M Active Members
July 26, 2019

With enhancements to its rewards offering, expansion of its delivery program and the announcement of a strategic partnership with a tech company to license part of its digital flywheel, Starbucks reported better-than-expected earnings results for its third quarter. The quick-service coffee chain reported revenues of...