News

International
Trump Urges US Telecoms To ‘Step Up’ 5G Efforts
February 21, 2019

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...

Investments
Banco BTG Pactual To Raise Millions Via Security Token Offering
February 21, 2019

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....

Investments
Logistics Startup Lalamove Goes Unicorn With $300M Investment
February 21, 2019

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...

Retail
Global Smartphone Shipments Fell Flat In Fourth Quarter
February 21, 2019

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...

Ridesharing
Hello TransTech Takes On Didi Chuxing In China Ride-Hailing
February 21, 2019

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...

Retail
Walmart Asda Deal Hits Regulatory Roadblock
February 21, 2019

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...

Retail
Neiman Marcus Taps Into The Travel Vertical
February 21, 2019

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...

Retail
Turning Fashion By The Numbers Into A Billion-Dollar Business
February 21, 2019

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...

Retail
The Battle for Pet Retail Supremacy Heats Up
February 21, 2019

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...