Bukalapak, an online marketplace company from Indonesia, will soon announce a new round of funding, 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. yesSubscribe to...
The food delivery space keeps heating up — the latest news is that Postmates has scored a $100 million investment in advance of its initial public offering (IPO), expected with the first six months of 2019. And the coming months promise to bring more heat...
In a move that could bring in as much as $1 billion in funding, facial recognition firm Megvii is reportedly mulling an initial public offering (IPO). Sources, however, said that the idea is still in its beginning stages and the plan is not set in...
To offer customers stylish and modern bath and body products, West Elm unveiled a new brand dubbed Water Street. The offering includes towels, hardware, lighting and vanity collections “that help our customers elevate the everyday,” the retailer said in a press release. Get the Full...
In a funding round led by funds such as BlackRock, on-demand delivery company Postmates has notched $100 million in investments. Glynn Capital and Tiger Global also led the round, along with other funds, to bring the company’s valuation to $1.85 billion, Forbes reported. Get the Full...
Some retailers enjoyed the fruits of improvements to their delivery services and brick-and-mortar stores with better-than-expected sales growth over the holidays, while other retailers found it harder to grow their sales. Retailers like Kohl’s reported growth that was weaker than previous years, while others such...
Stouffer’s has been a staple of American dinners for more than 96 years, since it was first established as a food and beverage company in 1922. The firm has changed a lot in that time – apart from the frozen and prepared foods for which...
Entrepreneurs often stumble upon business ideas at key points in their lives. Akshay Prabhu, who later founded home restaurant startup Foodnome, was studying neuroscience at the University of California at Davis, but wasn’t sure that was the path he wanted to take. At the same...
Product authentication technology company Entrupy has announced that shopgoodwill.com will be implementing its artificial intelligence-based solution to verify luxury and designer items sold through the site. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
