There are big fundraising rounds, massive fundraising rounds and incredible fundraising rounds. And then there’s raising so much money in a single shot that — overnight — a firm is worth money than Goldman Sachs. There’s no specific adjective for that type of fundraising round...
Welcome to Five at Five, your late look at the payments and commerce news you might have missed. Today brings news of Target’s delivery advancements and a new LinkedIn commuting feature. Amazon’s Alexa has a new job, Asian banks make a FinTech announcement and mirrors...
With the growth of contactless payments, Precise Biometrics is teaming up with NXP Semiconductors for a smart card solution. Precise BioMatch® Card software will be integrated into NXP’s contactless biometric smart cards with the collaboration, Precise said in an announcement. Get the Full Story Complete the...
Returns can be a headache for everyone involved: merchants, customers and even the logistic middleman. And eCommerce merchants have the added difficulty of not having accessible storefronts for the customer to drop off returns. Shipbob, which started as a way to help merchants distribute online...
IKEA is slowing the growth pace it has sustained in the U.S. market, axing plans for new stores in three U.S. cities to focus on eCommerce growth. That’s after opening 13 new U.S. stores just last year. Get the Full Story Complete the form to...
Swimsuit shopping is not one of commerce’s more beloved experiences. Wearing a bathing suit is usually fun – as it implies one is poolside or on a beach – but procuring one is less so, particularly for women. Get the Full Story Complete the form to...
Adding to its technology efforts, H&M is rolling out a voice-activated mirror in a flagship New York City location. The device offers style recommendations, selfies and a route to eCommerce, Forbes reported. Get the Full Story Complete the form to unlock this article and enjoy...
Target is now more than halfway through its rollout of same-day delivery, care of Shipt and the launch of Drive Up, its curbside pickup service. The Minnesota-based retailer is now well on track to hit its goals of having these services available at the majority of...
Helping it strengthen its global reach and supply chain, Honest Co. has notched a $200 million investment from L Catterton. The size of the private equity firm’s stake in the company, which was founded by Jessica Alba, was not made public, Bloomberg reported. Get the Full Story...
