Rocket Internet’s Global Fashion Group (GFG), the German Internet platform’s fashion-focused umbrella group, announced yesterday (July 1) that it secured €150 million ($167 million) in funding from an internal financing round. Rocket Internet also announced plans to move two of its Brazilian online fashion businesses...
Amazon’s Prime Now service, which offers one-hour delivery from local stores, is now also available in London. Amazon follows Apple’s track by launching Prime Now in London, its first launch outside of the U.S. Get the Full Story Complete the form to unlock this article...
Investigators from six different European countries, supported by Europol and Eurojust, joined together to bring down a cybercriminal group in Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Sophos, the IT security firm, revealed the pricing of its initial public offering, bringing the total valuation of the company to £1 billion and marking one of the largest flotations by a technology company in the U.K., TechCrunch reported late last week. Get the Full...
In a Series A funding round led by Google Ventures and SoftBank Capital, London-based software-as-a-service startup Yieldify picked up $11.5 million to fuel the growth of its predictive marketing technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Criteo, an eCommerce marketing tech vendor, published its latest report on mobile adoption, saying it continues to grow at record speed – and in the U.K. especially. In its 2015 Q1 report, Japan, South Korea and the U.K. – in that order – were the...
Ahold and Delhaize announced yesterday (June 24) their intention to merge by mid 2016. “Ahold Delhaize” – which is its new name – will count more than 6,500 stores, 375,000 associates and 50 million customers per week in the U.S. and in Europe. With a combined turnover of...
As more consumers engage with retailers through multiple channels — with an ever-increasing range of payment methods and devices — retailers are faced with added challenges, including heightened exposure to fraud risk and increased complexity of fraud management. And, according to a recent ACI Worldwide study...
PayPal and Uber have been partnered on payments since 2013 — and that partnership is about expand. Uber is available in 300 cities, and soon riders in Canada, Greece, Hong Kong, Israel, Mexico, New Zealand, Singapore, Sweden and Switzerland can use PayPal to pay for their...
