News

Retail
Report: Shein or Temu Could Benefit From Merger With Wayfair
December 29, 2023

Shein or Temu reportedly could be potential merger partners for Wayfair. 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 Today. By completing...

Retail
Merchants Not Offering Pay-Later Plans May Miss on End of Holiday Sales
December 29, 2023

As the year comes to an end, most consumers have completed their holiday shopping, although there were still stragglers and undecided shoppers deep into December. Market data reveals that in the last days of the campaign, merchants seem to have reduced their promotions and discounts,...

IPO
India-Based Car-Sharing Platform Zoomcar Completes Business Combination, Goes Public
December 29, 2023

Zoomcar, an India-based peer-to-peer car-sharing platform focused on emerging markets, has gone public. 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 Today....

Omnicommerce
Main Street Merchants Find Their 2024 Footing Online
December 29, 2023

2023 hasn’t been an easy environment for small and midsized businesses (SMBs). 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 Today. By...

Retail
Walmart CEO Predicts Soft Sales as Amazon Readies Prime Video Ads
December 29, 2023

At the start of the month, the CEO of Walmart explained challenges in predicting the post-holiday sales outlook for 2024. Meanwhile, Amazon is mastering the art of balance by cashing in on ads, inserting them into Prime Video content from Jan. 29 onward.  Get the...

Retail
More Than Half of Consumers Say Personalized Offers Miss the Mark
December 29, 2023

Personalized offers can be a game changer for merchants. Still, attempts that miss the mark have the potential to annoy and alienate potential customers. Despite these offers’ potential to provide a competitive edge and foster customer loyalty, the art of effectively crafting and distributing them...

Artificial Intelligence
Restaurant Aggregators Add New Generative AI Capabilities to Drive Conversion
December 28, 2023

Around the world, restaurant aggregators are increasingly using generative artificial intelligence to better target consumers’ desires and demands. 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...

Faster Payments
Free Instant Payments a Key Perk for Business Retention
December 28, 2023

In a fast-paced business environment, the demand for flexibility in financial transactions is paramount, and non-recurring ad hoc payments account for nearly two-thirds of the monthly revenue of small and medium-sized businesses (SMBs), per recent PYMNTS Intelligence research. This reality emphasizes the importance of efficiently...

Delivery
New Wage Regulations Are Transforming the Economics of Restaurant Delivery
December 28, 2023

With changing wage laws shaking up the economics of restaurant delivery, key players have begun changing their approach. 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...