President Donald Trump told U.S. companies that they need to work harder to build 5G networks, and that they should lead by competition — not by blocking other companies, according to reports. Get the Full Story Complete the form to unlock this article and enjoy...
An investment bank located in Brazil is raising millions of dollars via a security token offering, as reported by CoinDesk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Lalamove, an on-demand delivery and logistics startup based out of Hong Kong, has raised $300 million in a Series D funding round, which brings its valuation to $1 billion or more, granting it unicorn status, according to reports. Get the Full Story Complete the form...
The fourth quarter saw global shipments of smartphones stall, with unit growth of just 0.1 percent compared to the fourth quarter of 2017. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Hello TransTech, the Chinese ride-hailing startup formerly known as Hellobike, is launching a carpooling service this week, on the heels of a test that ran for roughly a month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
It looks like the deal to merge Sainsbury’s with Walmart-owned Asda could be in fatal trouble — after a ruling by the Competition and Markets Authority on a deal that would have created the U.K.’s biggest supermarket chain with a £12 billion ($15.6 billion) deal. Get...
Neiman Marcus is expanding its horizons with travel this spring – though not by going anywhere itself. Instead, the department store has announced it will be unveiling its latest campaign in March, titled “The Art of Travel.” Get the Full Story Complete the form to...
Since its founding in 2011, Stitch Fix has had a difficult challenge: how to ship customers clothing that matches both their size and taste preferences once a month, without the client ever having to be present for a measurement or inventory check. Get the Full...
A battle between two big pet stores pits an omnichannel focus against a push to make physical stores more robust — and all of it is happening in the shadow of Amazon, and as subscription eCommerce comes into play in this retail sector. Get the...