Looking to bolster its international eCommerce presence, eBay has acquired Japanese eCommerce platform Qoo10, according to a regulatory filing. 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...
Lloyds Banking Group was hit by a computer outage that left customers unable to conduct fund transfers for several hours, according to officials. The outage impacted hundreds of customers of Lloyds and Halifax, which both operate under Lloyds Banking umbrella. Get the Full Story Complete...
Due to possible concerns over the storage of user data and other issues, the Indian government is delaying Facebook’s planned nationwide launch of the WhatsApp payment service in the country. The Ministry of Electronics and Information Technology (MeitY) has reportedly asked WhatsApp, along with partner banks,...
Welcome to The Axis, your late look at payments news from around the world. Coverage includes Farfetch‘s acquisition of CuriosityChina. In addition, teams in Visa’s Everywhere Initiative have advanced to the finals and India-based PaySense has notched $18 million in a Series B funding round. Get the...
Children are the future — that’s just a biological fact, and the theme of an old Whitney Houston song. And when it comes to wearables, children may indeed encourage future growth, and perhaps even enable a challenge to Apple. Get the Full Story Complete the...
While Amazon shipped over 100 million products in Prime Day’s first 24 hours despite technical difficulties, Kroger said that it sells approximately 110 million items on an average day at its stores. The company has nearly 2,800 locations, Bloomberg reported. Get the Full Story Complete the...
It was only four months ago that Chef’d CEO Kyle Ransford predicted that big changes were coming to the meal kit market in a conversation with Karen Webster, and that meal kit providers were going to need to seriously update their business models to navigate a...
Toys R Us has come to a settlement agreement with some groups of creditors, including vendors, to resolve its disputes related to its bankruptcy proceedings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Krispy Kreme Doughnuts is close to a deal to acquire Insomnia Cookies. 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. By...
