The European Union (EU) is looking into the tightening of regulations experienced by ride-hailing apps in Spain. The EU has opened a preliminary probe into whether the latest measures enacted by the Spanish government protecting the taxi industry from private hire services such as Uber, Bolt and Cabify, are a breach...
Crocs is in the business of collaborations. It’s a skill many can learn from, as the footwear company reported $1.07 billion in revenue on Thursday (July 27). The skill has been noted by PYMNTS in the past, as it serves as a valuable lesson for others who...
Victoria’s Secret will present a “re-imagined fashion show” on Amazon’s Prime Video. “The Victoria’s Secret World Tour” will be available to stream on Sept. 26, and a tour-inspired collection will be available for sale following the show’s release, the apparel brand said in a Thursday (July 27) press...
Amazon Prime Days and Walmart+ Week showed high participation this year. Consumers engaged more when they saw better bargains during the world’s top two retailers’ deal days. Data finds that customers who participated in July’s sales events were primarily motivated by the deals and savings...
The platforms held sway this past week, gaining some ground ahead of earnings due through the next several days. And as a result, the FinTech IPO Index was up 0.5% across the past five trading sessions. As for the platforms themselves, Beike Finance gained 17.5%,...
Silicon Valley venture firm Sequoia Capital has reportedly downsized two major funds due to the downturn in the startup market. In a move reflecting the changes within tech investing, Sequoia cut the size of its cryptocurrency fund to $200 million from its original $585 million, as...
GameStop’s chief financial officer is resigning, in the latest of several executive departures from the video game retailer. CFO Diana Saadeh-Jajeh will resign from her role on Aug. 11, GameStop said in a Thursday (July 27) press release. Saadeh-Jajeh told GameStop of her intention to resign on July...
Grocers may have made real headway in driving digital adoption with urban consumers, but when it comes to the suburbs and the countryside, they have a long way to go. By the Numbers Research from PYMNTS’ May study, “ConnectedEconomy™ Monthly Report: The Urban-Rural Health Divide...
Financial network platform Finsync said bankers and businesses can use its network for free. The offering is designed to help businesses scale faster, the company said in a Thursday (July 27) news release. The network lets companies connect bank and credit card accounts to see all transactions in a...
