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Amazon Launches Online Pharmacy In Bengaluru, India

PYMNTS

Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million. In addition, Medlife, Netmeds, Temasek-backed PharmEasy and Sequoia Capital-backed 1mg.com compete for sales in the pill market. Amazon started moving into the health space in 2017.

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Gap Brand CEO Stepping Down

PYMNTS

Gap Brand announced that its CEO Jeff Kirwan was leaving the company, just as the retailer gets ready to reveal its fourth-quarter results. While I am pleased with our progress in brand health and product quality, we have not achieved the operational excellence and accelerated profit growth that we know is possible at Gap brand,” Gap Inc.’s

Branding 100
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Fitness Platform Raises $5M For Online Workouts

PYMNTS

Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., s CEO Strauss Zelnick, and the dance-based Vixen workout, a dance fitness brand focused on improving the physical and mental wellness of women. “I

Online 130
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Paysafe Readies $9 Billion IPO Via SPAC

PYMNTS

Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. It operates through brands like Income Access, Paysafecard, Skrill and Neteller, Bloomberg reported.

Capital 226
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Innovation on Display: The 2017 Ford GT and FIS Connect 2017

Celent Banking

Fast forward to 2017 and the launch of the new Ford GT, a modern-day supercar with a heritage dating back to the early 1960s, when the Ford GT40 won the grueling 24 Hours of Le Mans four times in a row. FIS’s core banking "brands" (Systematics, Horizon, IBS, Profile, etc.) As Ford has shown with its 3.5L

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Online Fashion Site Moda Operandi Raises $100K For Expansion

PYMNTS

Online fashion marketplace Moda Operandi announced a $100,000 funding boost that it will use to invest in its technology and bolster business overall. Comerica Bank and TriplePoint Capital were also named, and there were more investors that were not named. High-end fashion has been a bountiful market for the eCommerce industry.

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The Great Online Innovation Pile On Of 2017

PYMNTS

There seems to be an awful lot of piling on these days on the big online platforms. Media companies, in the meantime, shoveled tens of millions into Snap in the hopes of selling to a generation whose brand loyalty is about as fleeting as Zsa Zsa Gabor’s affection for each of her nine husbands. Investors put $2.65 billion more.