Chinese eCommerce company JD.com and luxury fashion platform Farfetch are expanding on a previous partnership to bring a “Premier Luxury Gateway to China,” according to a release by the companies. Under the terms of the arrangement, Toplife, JD.com’s luxury arm, will merge into a new...
The chairman of Reliance Industries has run into a hitch in his quest to take on Amazon in India and become the biggest eCommerce company in the country, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Socure, the provider of identity verification and fraud prevention services, announced Thursday (Feb. 28) it raised $30 million in Series C funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
While not every food startup is owned by a chef, the words “hopeless cook” don’t come up all that often among culinary entrepreneurs, generally speaking. But it is how fiid founder Shane Ryan describes himself – in fact, he notes that his total inability to cook...
To provide retailers with an automated option for last-mile deliveries, shipping carriers are entering the world of robotics technology. FedEx, for instance, recently unveiled its FedEx SameDay Bot concept, which the carrier said is in development with DEKA Development & Research Corp. along with DEKA Founder...
Digital marketplaces are zeroing in on customers looking to score last-minutes ticket to events. Gametime, a platform that connects buyers and sellers, has started building a mobile experience for ticket sales to sports games, concerts and other events. To further this focus, the company has...
As L Brands cuts back on investments in new and renovated stores, the intimates retailer plans to close approximately 53 Victoria’s Secret locations this year. The retailer closes an average of around 15 stores annually and has 1,143 stores around the globe overall, CNBC reported. Get the...
It turns out that fast, convenient payments (or the lack thereof) are often the deciding factor for which games highly in-demand referees decide to work in the $17 billion youth sports industry. In this month’s Faster Payments Tracker, organized athletics tech provider Stack Sports' CEO...
TJX-owned Marshalls is launching an eCommerce business later this year. 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, PYMNTS Today. By completing this...
