News

SoftBank Will Invest $1 Billion In Korea’s Coupang
June 04, 2015

Korean eCommerce company Coupang announced that it will be getting a $1 billion investment from a SoftBank subsidiary, according to a Wednesday (June 3) release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Why Samsung Pay Got Delayed
June 04, 2015

Within 24 hours of a report that suggested that Samsung was not really all that concerned with Android Pay, came the news that the launch of its mobile payments solution, Samsung Pay, would be delayed. What was initially scheduled to be a summer 2015 rollout...

Alibaba Investment Expands Finance Footprint
June 04, 2015

Chinese eCommerce giant Alibaba will announce an investment in financial media company China Business Network in a deal that could be announced as soon as today (June 4) reported Reuters, citing Chinese media. Get the Full Story Complete the form to unlock this article and enjoy...

Merchant Innovation
Gimbal’s Big Beacon Breakthrough
June 04, 2015

Gimbal, a location and proximity-based mobile engagement provider, announced yesterday (June 3) that it is delivering its firmware licensing solution to its first ever-growing beacon proximity network. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Merchant Innovation
PillPack Pharmaceutical Delivery Startup Eyes Retail Locations
June 04, 2015

With $50 million raised in Series C funding, pharmaceutical delivery startup PillPack will throw its hat into the ring against brick and mortar giants like Walgreens and Rite Aid. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Groupon Sees More Executive Switches As CFO Plans Leave
June 04, 2015

Groupon said Wednesday (June 3) that Rich Williams will become the company’s chief operating officer and also that its CFO, Jason Child, would depart the company next month to take on the same role at Jawbone, a consumer technology company. Get the Full Story Complete...

Could Prime Air Flip The Profit Switch For Amazon?
June 04, 2015

Bringing Amazon’s Prime Air drone delivery program to life may actually result in big profits for the company down the line, The Verge reported yesterday (June 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Rakuten Looking To Raise $1.5B To Fund Growth
June 04, 2015

Japan’s biggest e-commerce player, Rakuten Inc., has plans to raise $1.5 billion via a share offering.  The firm is looking to strengthen its financial position as it moves to expand through acquisitions. Get the Full Story Complete the form to unlock this article and enjoy...

News
Uncrossing the Wires of Cross-Border Commerce
June 04, 2015

By the end of 2015, cross-border eCommerce is expected to reach more than $300 billion. But are merchants ready to optimize their eCommerce sites to welcome shoppers from other countries? PYMNTS.com and Digital River set out to understand just that by researching hundreds of eCommerce...