News

Delivery
Why Retailers Are Crowdsourcing Delivery
March 01, 2019

Imagine getting paid to go home. (Really, take a moment and do so. Feels nice, right?) Now, imagine not only getting paid to go home, but doing so in a way that pleases one’s employer, neighbor, girlfriend’s boss or the person on the other end...

Retail
Apple Watch Claims 50 Pct Of Smartwatch Market
February 28, 2019

The 2018 holiday quarter was a good one for smartwatches, as Samsung and Fitbit each quadrupled shipments compared to a year before, according to reports. And although Apple Watch market share dropped 15 percent over the same time period, it still dominates with control of...

Partnerships / Acquisitions
Uber Reportedly Close To Buying Competitor Careem
February 28, 2019

Ride-hailing and food delivery app Uber is reportedly in “advanced” talks to buy Careem, a Dubai-based rival, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
JD.com, Farfetch To Offer Luxury Shopping Experience In China
February 28, 2019

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...

eCommerce
Amazon India Rival Reliance Can’t Share Consumer Data
February 28, 2019

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...

Investments
Socure Raises $30M For Healthcare, Public Sector Expansion
February 28, 2019

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...

Retail
How fiid Wants To Deliver Fast, Easy Vegan Meals For ‘Hopeless Cooks’
February 28, 2019

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...

Retail
Are Robots Last-Mile Delivery’s Future?
February 28, 2019

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...

Retail
How Digital Ticket Marketplaces Are Going Into Overtime
February 28, 2019

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...