News

International
Report: China Evergrande Chair Detained for Unspecified Crimes
September 28, 2023

China’s largest property development company has halted trading after its chairman was reportedly detained. 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...

B2B Payments
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
September 28, 2023

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as virtual cards, in the business-to-business (B2B) payment landscape. Get the Full Story Complete the form to unlock this article and...

Investments
Breezit Raises $2 Million to Bring AI to Wedding Planning
September 28, 2023

Breezit has raised $2 million to help couples use artificial intelligence to plan their nuptials. 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...

Social Commerce
New Indonesian eCommerce Rules Hinder TikTok’s Expansion Goals
September 28, 2023

TikTok’s plan to invest heavily in Indonesian eCommerce is apparently hitting a roadblock. 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...

eCommerce
Allegro Expects eCommerce Market Growth Even as Consumers Trade Down
September 28, 2023

Much like their American counterparts, consumers in Poland are trading down. 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...

Social Commerce
X CEO Linda Yaccarino Says 1,500 Advertisers Have Returned
September 28, 2023

X CEO Linda Yaccarino has reportedly expressed optimism about the platform’s future profitability. 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 this...

Retail
Wealthy Shoppers Swap Quiet Luxury for Festive Flair This Holiday 
September 28, 2023

According to affluent shoppers, quiet luxury — understated refinement, subtlety, and minimalist elegance — is out. So what exactly does that mean for retailers, especially this holiday season?  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Holiday Hiring Plateaus at Logistics Firms Amid Retail Uncertainty
September 28, 2023

Last week, Amazon announced plans to increase its hiring for the holiday season. 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
Amazon Teams With Shift4 to Expand ‘Just Walk Out’ Payments
September 28, 2023

Amazon has teamed with Shift4 to widen the use of its “Just Walk Out” payment technology. 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....