News

Retail
Alibaba Scores Olympic Sponsorship Deal
January 20, 2017

Alibaba is certainly recovering after being blacklisted on the notorious marketplaces list by the USTR back in December. The Chinese eCommerce giant Alibaba Group has doubly cracked down on fakes and formed an anti-counterfeiting alliance in recent weeks. And a new, multimillion-dollar deal indicates that...

Shopify Opens Second Office In Toronto
January 20, 2017

A sure-sign of growth is opening another office. And now Ottawa-headquartered Shopify has not just one but two offices in Toronto. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Alibaba Tracker: Big Moves
January 20, 2017

Alibaba Group Holding Ltd (NYSE: BABA) continues its bumpy ride on the New York Stock Exchange. BABA opened at $96.54 on Thursday morning (Jan. 19) trading, up from Wednesday’s close but down overall from Friday of last week’s (Jan. 13) noon high of $97.38. Get...

Deliveroo Builds Loyalty With Subscriptions
January 20, 2017

Deliveroo has perhaps had a satisfying week when it comes to news. 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...

Bitcoin
Bitcoin Tracker: Smooth(ish) Sailing?
January 20, 2017

The price of the popular digital currency spent the week climbing back up after fears that China could crack down on its domestic exchanges caused its value to slump. However, recently the People’s Bank of China pointed to irregularities in the operations of bitcoin exchanges...

US Video Game Industry Wins Again At $30.4B
January 20, 2017

The U.S. video game and interactive entertainment industry had some big wins in 2016. Specifically, $30.4 billion in revenue. 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...

Retail
Mall Closures Hit Small-Town America Hard
January 20, 2017

The rise in online shopping continues to have dire impacts on the traditional shopping model. As a result, announcements of mall closures and brick-and-mortar outputs shutting down have become all too common. Get the Full Story Complete the form to unlock this article and enjoy...

International
Alibaba Is More Interested In Partnerships Than Acquisitions
January 20, 2017

Despite a several years-long run of making some massive acquisitions, Alibaba Executive Chairman Jack Ma says that 2017 will be a bit different. Ma noted that this year, Alibaba is looking to do a lot less buying and a lot more collaborating. Get the Full...

B2B Payments
Cards And The Platform, Beyond Corporate Payroll
January 20, 2017

Unbanked employees, including Millennials, find convenience and value in using payroll cards, and so do their employees, says Cardplatforms CEO and Co-Founder Jeff Foster. And with the advent of instant issue cards, prepaid cards offer both parties efficiency (and security) in managing both payroll and...