Around two decades after starting as a digital content studio, Brazil’s Movile has notched $400 million in new funding in what has been reported as one of the biggest deals in Latin America. Existing investors such as Innova Capital and Naspers backed the raise, according...
In an effort to bring groceries and other products to shoppers, Walmart, Ford Motor Company and Postmates plan to work together to create a delivery service that may use self-driving vehicles in the future. While Ford has said it intends to have self-driving vehicles in commercial production...
Alibaba’s Singles’ Day shopping event on Nov. 11 was a huge success; with $30.8 billion in transactions, it surpassed Cyber Monday and Black Friday combined. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Amazon and Whole Foods Market announced Tuesday (November 13) deals on turkey for Thanksgiving. 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...
Alibaba celebrated a milestone with its Singles Day this year. The popular Chinese shopping holiday turned 10. To top off the decade, the eCommerce retailer had some pretty big ambitions. It billed this year’s happening as “the largest ever in terms of scale and reach”...
Bar and event venues face a dilemma when it comes to finding customers: while social media helps them get discovered, there is a potential downside to using these platforms. “People don’t really see that unless they know you and they follow your restaurant or venue,”...
A luxury product paired with direct-to-consumer sales – which brings the luxury item’s price down into more solidly middle-class territory – is a model that has worked for all kinds of brands, across a variety of verticals. Apparel, mattresses and beauty products are just a...
To add to the Tuft & Needle assortment already offered on Amazon, the digital brand is rolling out an Amazon exclusive collection. The line, which is called “Nod by Tuft & Needle,” offers bed-in-a-box mattresses, Chain Store Age reported. Get the Full Story Complete the...
To bring its products and services closer to local small and medium-sized businesses, European payments provider myPOS will be opening a new store in Spain on November 15. The Barcelona location will provide live demonstrations and hands-on experiences to customers, the company said in an...