E-commerce stealth startup Jet.com plans to take on Amazon by giving discounts to customers who live near the merchandise they’re ordering, join mailing lists, promise not to return items, and use payment cards with lower interchange fees, The Wall Street Journal reported. Get the Full...
For all its explosive growth, especially in Southeast Asia and other emerging markets, not everything Rocket Internet touches turns to gold. On Wednesday (March 11), Rocket said it will shut down its consumer-to-consumer marketplace Lamido and merge its 2,500-plus merchants into a larger Rocket e-commerce...
General Electric now considers most of its banking operations to be something it would be better off without, and wants to unload them on a much faster schedule, The Wall Street Journal reported on Wednesday (March 11). Get the Full Story Complete the form to...
Amazon has launched a new online store for up-and-coming brands, including some that have had their 15 minutes of fame on the television show “Shark Tank.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
South African small- and medium-sized enterprises will now more easily gain access to government procurement opportunities thanks to a new initiative that digitizes federal tender processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
As companies face increasing government regulation across an array of industries, and as regulators face an increasing demand to ensure their rules are being upheld, entities in the U.K. can now access an online database to facilitate regulatory implementation and compliance. Get the Full Story...
EU Internet service provider Evident is looking to strengthen businesses’ digital operations, especially in the wholesale, manufacturing and overall supplier market. Its latest partnership, the company revealed, is part of that effort. Get the Full Story Complete the form to unlock this article and enjoy...
At a press conference held in Nigeria Friday (March 6), the company known as Bids Online For You Nigeria, or BOLFYNG, revealed a new online portal through which buyers and suppliers can connect and facilitate procurement procedures with government entities. Get the Full Story Complete...
Since the financial downturn, small businesses have faced some of their hardest struggles in accessing capital and loans from mainstream banks. The rise of alternative lenders has helped to mitigate that financial burden for SMEs, but one company is taking a new approach to the...
