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Report: Alibaba Delays Freshippo IPO Due to Weak Demand
Report: Alibaba Delays Freshippo IPO Due to Weak Demand
September 08, 2023  |  IPO

Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for...

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Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
Payments Startup Flutterwave Partners IndusInd Bank to Expand Into India
September 08, 2023  |  Partnerships

African payments startup Flutterwave is reportedly expanding into the Indian market through a partnership with IndusInd Bank. This move makes Flutterwave the first African company to scale up...

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British Neobank Zopa Raises $93 Million to Fuel Growth
British Neobank Zopa Raises $93 Million to Fuel Growth
September 08, 2023  |  Investments

British neobank Zopa Bank has raised 75 million pounds ($93 million) to fuel its “continuous growth and expansion.” The company has now raised a total of...

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Report: Getir to Raise $500 Million in Funding Round
Report: Getir to Raise $500 Million in Funding Round
September 08, 2023  |  Investments

Turkey-based grocery delivery company Getir is reportedly raising $500 million in a new funding round. The investment values the company at $2.5 billion, a decrease...

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Report: TikTok’s Shop Raises Concerns Over Authenticity and Data Privacy
Report: TikTok’s Shop Raises Concerns Over Authenticity and Data Privacy
September 08, 2023  |  Social Commerce

TikTok’s new Shop marketplace, which has launched to some users in the United States, has reportedly raised concerns about product authenticity and data privacy. The early version...

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Retail Industry Faces Resignation Rate Surge Among Part-Time Workers
Retail Industry Faces Resignation Rate Surge Among Part-Time Workers
September 08, 2023  |  Retail

Turnover among part-time employees in the retail industry has reportedly skyrocketed since the pandemic. Before 2020, the turnover rate stood at around 75%. Since then,...

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Report: JPMorgan Chase Explores Blockchain for Cross-Border Payments
Report: JPMorgan Chase Explores Blockchain for Cross-Border Payments
September 07, 2023  |  Digital-First Banking

JPMorgan Chase is reportedly considering using blockchain technology to create a digital deposit token for faster cross-border payments and settlements, Bloomberg has reported, citing an anonymous source...

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Alibaba Adds Smart Assistant and Upgraded Image Search to B2B Platform
Alibaba Adds Smart Assistant and Upgraded Image Search to B2B Platform
September 07, 2023  |  Commercial Payments

Alibaba.com has added enhancements to its global B2B eCommerce platform to help small business owners level up their sourcing and supply chain operations. “We are making...

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Imbue Secures $200 Million Investment to Develop Practical AI Agents
Imbue Secures $200 Million Investment to Develop Practical AI Agents
September 07, 2023  |  artificial intelligence

Artificial intelligence (AI) startup Imbue, formerly known as Generally Intelligent, has raised $200 million in a Series B funding round, with a valuation of over $1...

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