News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Gopuff Expands Alcohol Delivery With Liquor Barn Acquisition

Gopuff Expands Alcohol Delivery With Liquor Barn Acquisition
Gopuff Expands Alcohol Delivery With Liquor Barn Acquisition
June 21, 2021  |  Partnerships / Acquisitions

Philadelphia-based Gopuff announced the acquisition of Liquor Barn — an independent Kentucky chain selling beer, wine and liquor — from private equity firm Blue Equity...

READ MORE >
Wingstop’s New Virtual Brand ‘Thighstop’ Turns Chicken Shortage Into Opportunity
Wingstop’s New Virtual Brand ‘Thighstop’ Turns Chicken Shortage Into Opportunity
June 21, 2021  |  Restaurant innovation

What do you do if you are a chicken wing restaurant during a wing shortage? Apparently, you pick another part of the chicken. At least,...

READ MORE >
Commerce Department Rescinds Never-Enforced TikTok, WeChat Bans
Commerce Department Rescinds Never-Enforced TikTok, WeChat Bans
June 21, 2021  |  Regulation

The U.S. Commerce Department on Monday (June 21) formally withdrew, retroactive to June 16, Trump-era restrictions preventing certain transactions involving Chinese-owned smartphone apps WeChat and...

READ MORE >
Prosus To Accelerate Grocery Delivery In Europe With ‘Dark Stores’
Prosus To Accelerate Grocery Delivery In Europe With ‘Dark Stores’
June 21, 2021  |  Delivery

Prosus, the largest consumer internet company in Europe, wants to expand its grocery services through the use of “dark stores,” Bloomberg reported Monday (June 21), noting...

READ MORE >
German Competition Authority Investigating Apple
German Competition Authority Investigating Apple
June 21, 2021  |  ANTITRUST

Germany’s competition authority has launched an investigation into Apple based on new competition law regulations for Big Tech companies. Get the Full Story Complete the...

READ MORE >
Uber Becomes Sole Owner Of Grocery Startup Cornershop
Uber Becomes Sole Owner Of Grocery Startup Cornershop
June 21, 2021  |  Partnerships / Acquisitions

Uber has reached an agreement with the owner of Cornershop to become the Chilean grocery delivery startup’s sole owner. Get the Full Story Complete the...

READ MORE >
Instacart Expands Delivery Service To Montreal—In French
Instacart Expands Delivery Service To Montreal—In French
June 21, 2021  |  Delivery

Instacart, an online grocery platform in North America, has launched its service in Montreal — and in French. The company already operates in the U.S....

READ MORE >
London FinTech Revolut Triples Revenue Against Doubled Losses
London FinTech Revolut Triples Revenue Against Doubled Losses
June 21, 2021  |  Earnings

London FinTech Revolut posted increased revenues and gross profits for year-end 2020, but also incurred higher operating losses last year as the COVID-19 pandemic took...

READ MORE >
Healthy Choice QSR Sweetgreen Files For IPO
Healthy Choice QSR Sweetgreen Files For IPO
June 21, 2021  |  IPO

Health-conscious quick-service restaurant (QSR) chain Sweetgreen Inc., has filed confidentially for an initial public offering of stock (IPO), the firm said in a Monday (June...

READ MORE >