In a Kakao Pay-led Series B round, peer-to-peer (P2P) lending platform PeopleFund took in $11 million in funding. The South Korean company, which was started in 2015, matches borrowers with investors in a marketplace for lending, according to reports. Get the Full Story Complete the...
After Halloween comes the lucrative holiday shopping season — sorry, Thanksgiving, but you’re only a speed bump — but there are serious questions about how happy the fourth quarter will be for some big eCommerce operators. Get the Full Story Complete the form to unlock this...
To head off financial risks, the People’s Bank of China (PBOC) plans to manage growth of the money supply. Its remarks could be seen as a warning against a stimulus approach to an economy that is slowing along with a trade war, Financial Times reported....
In what could be Japan’s largest listing in history, unidentified sources claim that SoftBank Group Corp.’s mobile unit could gain listing approval by the Tokyo Stock Exchange on Nov. 12. A possible listing date could come about one month later on Dec. 19, Reuters reported....
Digitally native brands often test the retail waters with pop-up shops, and, after some offline success, they may expand their concepts with permanent locations. Lifestyle brand goop, for instance, is opening its first permanent store in the SoHo district of New York City, called goop...
Amid strong performance in beverages and digital relationships, Starbucks beat earnings and revenue estimates for the fourth quarter. The coffee quick-service restaurant (QSR) chain reported revenues of $6.3 billion and earnings per share of 62 cents compared to analysts’ estimates of $6.27 billion and 60...
Kids and screens, we are often told these days, is a dangerous combination. 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 our daily newsletter, PYMNTS Today....
To provide shoppers with greater access to sales and deals, Amazon opened a Black Friday Deals Store on Thursday (Nov. 1.) The offering allows customers to use gift guides as well as Alexa to search for items, Fortune reported. Get the Full Story Complete the...
To bring in younger consumers, Jet.com is expanding its assortment on its website. The eCommerce retailer brought Bonobos and Nike dedicated shops to its site, Chain Store Age reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
