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Alibaba Backs Indian eComm Logistics Firm With $10M Infusion

Alibaba Backs Indian eComm Logistics Firm With $10M Infusion
Alibaba Backs Indian eComm Logistics Firm With $10M Infusion
December 26, 2019  |  Investments

Chinese eCommerce behemoth Alibaba is supporting the Indian logistics startup XpressBees with a $10 million investment, DealStreetAsia reported Thursday (Dec. 26). Get the Full Story...

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UK Government Criticized For Late Payments Czar Ousting
UK Government Criticized For Late Payments Czar Ousting
December 26, 2019  |  B2B Payments

Weeks after the sudden departure of U.K. Late Payments Czar Paul Uppal, the government is facing backlash for failing to clarify why the small business...

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Delivery Boom Strains Logistics Infrastructure, Boosts Van Sales
Delivery Boom Strains Logistics Infrastructure, Boosts Van Sales
December 26, 2019  |  Delivery

The eCommerce boom and America’s thirst for fast deliveries has impacted the van industry, warehouse demand and the traffic in cities, as more and more...

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Top News In Payments: Sensory, OEMS Team For Independence From The Cloud; PBOC Says Stablecoins Threaten Yuan
Top News In Payments: Sensory, OEMS Team For Independence From The Cloud; PBOC Says Stablecoins...
December 26, 2019  |  News

In today’s top news, Sensory released TrulyNatural, its speech recognition and natural-language-understanding platform for smart appliances, and China’s Central Bank says stablecoins threaten the yuan’s...

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Is Uber Founder Travis Kalanick Preparing A Ghost Kitchen Counterattack?
Is Uber Founder Travis Kalanick Preparing A Ghost Kitchen Counterattack?
December 26, 2019  |  Delivery

Could ghost kitchens become the next battleground involving Uber and its founder and former CEO, Travis Kalanick? Get the Full Story Complete the form to...

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UPS Expects 26 Pct. YOY Returns Increase On Jan. 2
UPS Expects 26 Pct. YOY Returns Increase On Jan. 2
December 26, 2019  |  Retail

National Returns Day, which is Jan. 2, is expected to break records for the seventh consecutive year, UPS said in a press release on Thursday...

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Tencent To Form Research Group To Explore Blockchain Projects
Tencent To Form Research Group To Explore Blockchain Projects
December 26, 2019  |  Blockchain

Chinese technology company Tencent has announced it’s going to start researching cryptocurrency and its implications for an ongoing project in blockchain, according to reports. Get...

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Record Holiday Sales Send Amazon Stock Soaring
Record Holiday Sales Send Amazon Stock Soaring
December 26, 2019  |  Amazon

Amazon led the highest ever S&P 500 Index thanks to robust holiday sales that made 2019 “record-breaking” for the eCommerce giant, Bloomberg reported on Thursday...

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