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Innovating In Cities With Electric Vehicles, Cashierless Stores

PYMNTS

The electric scooter and bike race in Washington, D.C. And in retail innovation, Indonesia’s Blibli.com has opened a cashierless brick-and-mortar store location for its BlibliMart brand. s program for dockless electric vehicle operators. 200B: Value of the grocery market in Indonesia. All this, Today in Data.

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Amazon’s Saudi Arabia eCommerce Site Debuts

PYMNTS

The website is a re-branding of Middle Eastern eCommerce site Souq.com , which was acquired by Amazon in 2017, PYMNTS reported. Last year, the company converted Souq’s website in the United Arab Emirates to an Amazon-branded one, amazon.ae. Bin Salman denied the claim, saying it was rogue operators who committed the crime.

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The Bouqs Secure $30M For Floral Delivery In Japan

PYMNTS

The Bouqs Co-founder and CEO John Tabis said the company is moving into the Japanese market as part of its international expansion plans. But the thing that’s worked for us, the first is the way that we’ve sourced is unique and it’s really the foundation of our brand.”. million and was acquired by FTD in 2018. .

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Magento Powers Xenon arc B2B Marketplace For SMBs 

PYMNTS

“Magento continues to demonstrate clear leadership in eCommerce platform development, execution and expertise as we seek to eliminate operational friction and create the best possible omnichannel buying experience for our customers.”. Xenon arc’s client list includes known brands in the materials industry. Europe, Mexico and Brazil. “Go-to-market

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Delivery Service goPuff Buys West Coast-Based BevMo For $350M

PYMNTS

Philadelphia-based goPuff, which bills itself as a kind of catch-all service for helping customers with various everyday shopping needs, is hoping to use the announcement to enter into the California market, the blog post stated.

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Postmates To Hire More Engineers As It Expands In The Seattle Area

PYMNTS

The company is boosting the number of engineers it is hiring in and around the Seattle, Washington area. One of the job postings is for an engineering manager of operations technology, noted the report. “We If and when Postmates launches its IPO it will be the latest in a string of startups that are tapping the public markets.

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China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

PYMNTS

New rules would require online lending companies like Ant to provide 30 percent of funding for loans, and firms would be banned from operating outside provincial bases without approval from a watchdog, Bloomberg said. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

Industry 152