News

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

Source: pymnts.com

Tencent Spearheads Blockchain Invoice Standardization Initiative

Tencent Spearheads Blockchain Invoice Standardization Initiative
Tencent Spearheads Blockchain Invoice Standardization Initiative
October 29, 2019  |  B2B Payments

China’s Tencent will take the lead in helping the global blockchain industry standardize invoices sent on distributed ledger technology (DLT), China’s Global Times reported on...

READ MORE >
Lyft Rolls Out Paid Membership Discount Program
Lyft Rolls Out Paid Membership Discount Program
October 29, 2019  |  Ridesharing

Lyft is rolling out Lyft Pink, a new membership plan for riders looking for discounts on car, bike and scooter rides, the ridesharing firm said...

READ MORE >
Amazon Business Expands To Canada
Amazon Business Expands To Canada
October 29, 2019  |  B2B Payments

Amazon is expanding Amazon Business and Business Prime for its Canadian business customers, the eCommerce conglomerate announced on Tuesday (Oct. 29). Get the Full Story...

READ MORE >
Amazon Earmarks $631M For Its India Sectors
Amazon Earmarks $631M For Its India Sectors
October 29, 2019  |  eCommerce

Amazon is allocating $631 million (₹4,472.50 crore) to fund its Indian bureaus – Amazon Seller Services, Amazon Pay and Amazon Retail – after cutting earlier...

READ MORE >
Royl Aims To Be The Antidote To Athleisure
Royl Aims To Be The Antidote To Athleisure
October 29, 2019  |  Retail

The rise of leggings, and the tidal wave of athleisure clothing unleashed upon the market over the last five years, has not been universally beloved....

READ MORE >
Grubhub Crushed By Food Delivery Competition
Grubhub Crushed By Food Delivery Competition
October 29, 2019  |  Retail

Online food delivery is an increasingly competitive space for commerce, and the newest evidence comes from Grubhub. Its shares were tanking early this week after...

READ MORE >
Allbirds Looks To Open 20 Brick-And-Mortar Locations
Allbirds Looks To Open 20 Brick-And-Mortar Locations
October 29, 2019  |  Retail

With a brick-and-mortar expansion in the works, direct-to-consumer shoe brand Allbirds plans to open 20 stores next year. The company began as a Silicon Valley...

READ MORE >
How Connected Devices Are Changing Retail And Commerce
How Connected Devices Are Changing Retail And Commerce
October 29, 2019  |  Today In Data

The share of consumers who own voice-activated devices has doubled as of 2017, with more of them using those devices to make purchases, listen to music or...

READ MORE >
Vintage Brings Unique Customization To Subscription Boxes
Vintage Brings Unique Customization To Subscription Boxes
October 29, 2019  |  Retail

To connect consumers with a selection of vintage clothing chosen with their preferences in mind, eCommerce innovators are putting a new spin on the subscription...

READ MORE >