News

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

Source: pymnts.com

TikTok Becoming Source Of Financial Advice For Young People

TikTok Becoming Source Of Financial Advice For Young People
TikTok Becoming Source Of Financial Advice For Young People
May 03, 2021  |  Social Commerce

Would you go to TikTok for financial advice? If you’re among the younger people to whom the social media platform caters, the answer might be...

READ MORE >
Global Investors Go Soft On Ant Group’s Valuation
Global Investors Go Soft On Ant Group’s Valuation
May 03, 2021  |  Markets

Investors are now going soft on Ant Group, once valued in excess of $300 billion, following stricter Chinese regulations and the cancellation of its November...

READ MORE >
Verizon Selling Media Business To Apollo For $5 Billion
Verizon Selling Media Business To Apollo For $5 Billion
May 03, 2021  |  Acquiring

Verizon said on Monday (May 3) that it is selling off its media business, which includes Yahoo and AOL, to private equity firm Apollo Global...

READ MORE >
Restaurants Turn To Technology To Offset Labor Shortage
Restaurants Turn To Technology To Offset Labor Shortage
May 03, 2021  |  ResTech

As the vaccine rolls out across the United States, with more than 30 percent of the adult population fully vaccinated, consumers are returning to restaurants,...

READ MORE >
UK Banks Anticipate Avalanche Of Firms Extending BBLS Terms
UK Banks Anticipate Avalanche Of Firms Extending BBLS Terms
May 03, 2021  |  Loans

U.K. banks are bracing for an avalanche of requests by businesses to extend terms for the Bounce Back Loan Scheme (BBLS), designed to provide quick...

READ MORE >
Amazon’s Efforts To Help Buyers Build A Better Bridge To Sellers
Amazon’s Efforts To Help Buyers Build A Better Bridge To Sellers
May 03, 2021  |  Amazon

It looks like Amazon sellers are getting a chance to build a more direct relationship with customers, thanks to new changes being rolled out on...

READ MORE >
Dell Sells Boomi In $4 Billion Deal With Francisco And TPG
Dell Sells Boomi In $4 Billion Deal With Francisco And TPG
May 03, 2021  |  Partnerships / Acquisitions

PC maker Dell Technologies has reached a deal to sell its cloud business, Boomi, to global investment firm Francisco Partners and private-equity platform TPG Capital....

READ MORE >
Amazon Will Outgrow Walmart 3-to-1 Over Next Five Years
Amazon Will Outgrow Walmart 3-to-1 Over Next Five Years
May 03, 2021  |  Retail

New research by PYMNTS shows that the long, steady revenue uptrend Amazon has posted over the past decade is set to continue and accelerate, not...

READ MORE >
Opportunities In Consumer Retail And Digital B2B Payments
Opportunities In Consumer Retail And Digital B2B Payments
May 03, 2021  |  Today In Data

Amazon reported record quarterly sales and profits as the ranks of its Amazon Prime membership program surged. In retail, consumer products company Newell Brands said that demand for its home, cooking and...

READ MORE >