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Secondhand Fashion Platform Vinted Nets $303 Million In Funding
Secondhand Fashion Platform Vinted Nets $303 Million In Funding
May 12, 2021  |  Investments

Secondhand clothing marketplace Vinted has pulled in 250 million euros ($303 million) from investors. Women’s Wear Daily reported that the money will go toward funding...

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Vehicle Sharing Startup Bird Plans Public Offering With SPAC Merger
Vehicle Sharing Startup Bird Plans Public Offering With SPAC Merger
May 12, 2021  |  IPO

Silicon Valley vehicle-sharing startup Bird is planning to go public with the special purpose acquisition company (SPAC) Switchback II Corporation. Get the Full Story Complete...

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Visa US Spending Momentum Index Points To Rising Consumer Confidence
Visa US Spending Momentum Index Points To Rising Consumer Confidence
May 12, 2021  |  Retail

The Visa U.S. Spending Momentum Index (SMI) reached a reading of 136 in April 2021, indicating that the U.S. economic recovery remains on steady ground....

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Figure Obtains Regulatory Green Light For Alternative Trading System
Figure Obtains Regulatory Green Light For Alternative Trading System
May 12, 2021  |  Blockchain / Distributed Ledger

Figure Securities Inc., a subsidiary of Figure Technologies Inc., has become a FINRA-approved broker-dealer in addition to a U.S. Securities and Exchange Commission (SEC) registered...

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Merrell, Saucony Revenue Growth Powered By Accelerated Digital Strategy
Merrell, Saucony Revenue Growth Powered By Accelerated Digital Strategy
May 12, 2021  |  Retail

Wolverine World Wide, whose portfolio includes names like Saucony and Merrell, said its reported revenue in the first quarter of 2021 climbed by approximately 16 percent from the...

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eBay Makes Move Into Financial Services With UK Small Business Loans
eBay Makes Move Into Financial Services With UK Small Business Loans
May 12, 2021  |  Loans

eBay is launching a new financial services tool — Capital for eBay Business Sellers (CEBS) — that will extend loans to the small businesses selling...

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IBM Debuts Cloud, AI Services In Bid To Modernize Business
IBM Debuts Cloud, AI Services In Bid To Modernize Business
May 11, 2021  |  Artificial Intelligence

IBM is rolling out new advances in artificial intelligence (AI), hybrid cloud and quantum computing, which will help “its clients and partners accelerate their digital...

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Consumers Fly Nowhere To Shop Duty-Free Stores
Consumers Fly Nowhere To Shop Duty-Free Stores
May 11, 2021  |  Retail

A new trend is emerging at airports in which customers fly to nowhere for no other reason than to access duty-free shopping, Bloomberg reported. Get...

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Acquco Nets $160 Million To Scale Its Amazon Seller Portfolio
Acquco Nets $160 Million To Scale Its Amazon Seller Portfolio
May 11, 2021  |  Investments

Acquco, which is focused on acquiring third-party sellers on Amazon, has closed a Series A funding round with $160 million, according to a press release....

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