The world of groceries in the U.S. is a tough market – and getting tougher. And while the clash of the titans that is Amazon and Walmart’s battle for the consumer’s whole paycheck tends to draw mass interest, particularly when the fight gets to groceries, it...
Revolut is making some changes to its business practices and company culture as the company aims to move from a startup to a global bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes CellPoint Mobile’s plans to enable mobile payments for Viva Air, which has destinations in places such as Peru and Colombia. Alipay said more than 500 million users helped plant trees in...
The Starbucks rival in China, the Beijing-based Luckin Coffee, has filed for an initial public offering (IPO) in the United States with a valuation of almost $3 billion since its last funding round, according to a report by Reuters. Get the Full Story Complete the...
Recess, a CBD-infused sparkling water company, has announced that it will be available on Uber Eats for delivery to customers in New York City, according to a report by Adweek. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Postmates, the delivery startup that competes against Grubhub, among others, and is expected to launch an initial public offering (IPO), is reportedly in hiring mode. The company is boosting the number of engineers it is hiring in and around the Seattle, Washington area. Get the...
eBay is reportedly in talks to lead an investment in Paytm Mall in an effort to branch into offline-to-online commerce in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Uber and Lyft’s initial public offerings could result in customers paying more for their rides. 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,...
After being one of many department store retail players to shoulder through a difficult holiday season, Kohl’s has been back in action in 2019, looking to reverse the trend of falling foot traffic and sagging in-store sales. Online sales have been a strong point: As of...