News

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

Source: pymnts.com

Pepsi’s $705M Buy Of Snack Seller Makes It Leader Of China Market 

Pepsi’s $705M Buy Of Snack Seller Makes It Leader Of China Market 
Pepsi’s $705M Buy Of Snack Seller Makes It Leader Of China Market 
February 25, 2020  |  Partnerships

Pepsi has purchased Be & Cheery, a Chinese company that sells online snacks, for a reported $705 million, according to a report Monday (Feb. 24)...

READ MORE >
Applebee’s Owner Plans New Locations, Promotions
Applebee’s Owner Plans New Locations, Promotions
February 25, 2020  |  ResTech

Applebee’s parent company, Dine Brands Global, said that there will be fewer closures of Applebee’s this year and that it will even try to open...

READ MORE >
WeChat Pay, Network International Team On UAE Merchant Payments
WeChat Pay, Network International Team On UAE Merchant Payments
February 25, 2020  |  Retail

Tencent Holdings, the company that developed mobile payment app WeChat Pay, has teamed up with Network International to allow for the service to be available...

READ MORE >
Intuit Buys Credit Karma For $7.1B
Intuit Buys Credit Karma For $7.1B
February 25, 2020  |  Partnerships

Intuit closed a deal to buy Credit Karma for a price tag of $7.1 billion on Monday (Feb. 24), according to published reports. Get the...

READ MORE >
Revolut Raises $500M, Aims For Profits In 2020
Revolut Raises $500M, Aims For Profits In 2020
February 24, 2020  |  Investments

After raising another $500 million in its Series D fundraising, Revolut plans to increase daily engagements and has set its sights on profitability this year,...

READ MORE >
Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?
Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?
February 24, 2020  |  Amazon

When the axe falls from Amazon, the ripple effects are significant, especially for smaller logistics firms. Several companies have enjoyed the fruits of partnering with...

READ MORE >
Venmo App Lets Parents Create Debit Card For Kids
Venmo App Lets Parents Create Debit Card For Kids
February 24, 2020  |  Merchant Innovation

Venmo is branching out to target a new demographic in its payments service: teenagers, according to published reports on Monday (Feb. 24). Get the Full...

READ MORE >
Upswing In Sales Propels Target Into Top 10 eCommerce Sites
Upswing In Sales Propels Target Into Top 10 eCommerce Sites
February 24, 2020  |  eCommerce

Target’s strategy to concentrate on its eCommerce business has moved the big-box retailer to the No. 8 position in eMarketer’s latest ranking of the nation’s...

READ MORE >