In what may be another round of rumors surrounding Indian eCommerce company Snapdeal to be quashed, the firm will not be bought by China’s Alibaba Group Holding. Reuters said there was no deal in the works, citing an unnamed source last week “familiar with the...
Amazon continues to focus efforts on expanding its market Chinese market to the nation of 1.38 billion. Last week, the online retail behemoth opened a showroom in Beijing’s popular shopping destination Sanlitun Square. Get the Full Story Complete the form to unlock this article and...
In a strong third-quarter performance that showed momentum in both online and brick-and-mortar sales, Ulta Beauty showed gains on both its top and bottom lines and boosted its annual guidance for what Chainstoreage.com said was the third time in just the past year. Get the...
The women’s apparel retailer is boosting its digital offerings in an attempt to enhance the experiences of its omnichannel shoppers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Software AG has inked a deal to acquire Zementis, the San Diego, California company that provides software for deep learning, which is a component of machine learning and data science. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In recommendations put forth by a presidential commission created this past year focused on cybersecurity, the federal government should join forces with the private sector in efforts to boost digital network security, Reuters reported. Get the Full Story Complete the form to unlock this article and...
DripApp, the app that enables people in London to purchase coffee on the cheap, has been sold to Swipii, a digital loyalty and marketing company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In one of the latest salvos of cybertheft — this time not by Russians but against Russians — hackers have made off with roughly $31 million from correspondent accounts housed at the Russian central bank, NBC News reported. Get the Full Story Complete the form...
Online sales are up this year — and brick-and-mortar foot traffic is down — meaning Walmart is about to find out in real time if its billions invested in leveling up its eCommerce capacity is making a dent in Amazon’s online dominance. Get the Full Story Complete...
