Shared bike giants Mobike and Ofo deny they used 6 billion yuan ($909 million) of user deposits to support their rapidly expanding businesses. Anonymous sources also allege that both bike sharing companies are suffering from money mismanagement and struggling to pay bike manufacturers. Get the...
Mastercard has announced the list of startup companies chosen to participate in its Mastercard Start Path program, a group the company is calling its “most diverse class” ever. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Through the end of Thanksgiving week in the United States, investment activity in China was marked by a few headlines tied to deals of a relatively smaller size. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Here’s a nice change of pace going into the weekend: It looks like online fraud did something unsual for Black Friday this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The average American woman’s size doesn’t much resemble the average size of a runway model — a fact well-known to any woman who ever stood in a dressing room trying on jeans and wondering what space alien they were cut for. Get the Full Story Complete...
Amazon’s Alexa just keeps getting smarter. Soon she’ll be making herself at home at work with new business-oriented skills, and she’s about to start powering payments, the company announced at its re:Invent conference. Google’s Assistant has also picked up a new capability by partnering with...
While it seems like much of physical retail is trying to figure out how to better emulate eCommerce brands, eCommerce startups are actually trying to figure out a way to get a toe-hold into the physical retail world. Get the Full Story Complete the form...
Brick-and-mortar bulk retailer Costco Wholesale is reporting double-digit growth for the month of November, marking the 14th month in a row of increased sales, according to Thursday (Nov. 30) reports from retail news source Chain Store Age. Get the Full Story Complete the form to unlock...
Corporate eProcurement spend management company JAGGAER plans to acquire BravoSolution, the companies announced this week. 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,...
