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Estee Lauder Agrees To Buy Asian Beauty Brand

PYMNTS

In what is reportedly its first acquisition of an Asian beauty brand, Estee Lauder Cos. Dr. Jart+ was founded in Seoul in 2005 and sells masks, moisturizers, serums and cleansers under names such as Ceramidin and Cicapair, Deal Street Asia reported. Have & Be also owns Do The Right Thing, a men’s grooming brand. Coty Inc. ,

Branding 101
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Klarna Debuts Social Shopping In The UK

PYMNTS

Despite the shifting retail landscape, consumers are still looking for inspiration, convenience and value — and it’s become obvious that shopping online now goes far beyond just a transaction,” said CEO Sebastian Siemiatkowski in a statement. Founded in 2005, Klarna said it now has a valuation of $5.5

Samsung 189
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Razer Gaming Company Teams With Visa For Online Payments

PYMNTS

Razer, which was founded in 2005, has 18 offices around the globe and headquarters in both Singapore and San Francisco. It is a leading brand for gamers in Europe, China and the United States. The integrated service is expected to roll out in select countries in Southeast Asia before expanding across the world.

Company 100
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Online Marketplaces Catching Up To Offline World

PYMNTS

Why should merchants be the only ones who get to leverage the speed, convenience and low-friction environment of the online marketplace? The big box retailer has been investing heavily in its online marketplace, and recently invited international vendors onto its platform. As it turns out, they aren’t.

Online 113
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Louis Vuitton Launches eCommerce Site In China

PYMNTS

French fashion brand Louis Vuitton , part of LVMH , announced that it has launched an eCommerce website in China. According to Reuters , the move comes as the luxury retailer tries to tap into the country’s booming online shopping market. But now online is getting a boost.

Branding 108
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Olo Aims To Go Public In 2020 With Possible $1B Valuation

PYMNTS

Food software startup Olo, named after the phrase “online ordering,” has plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. Olo was originally started as a text message food ordering service in 2005. The company, which is based in New York, is looking for a $1 billion valuation.

New York 130
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Toys R Us Eyes Liquidation Of US Operations

PYMNTS

toy and game brand entered bankruptcy protection in September 2017, and had planned to refashion both its capital and operating structures — which is typical of such strategies. As has been widely reported, the U.S. Toys R Us managed to garner a $3.1 Refinancing remained a viable strategy for a while, but then came the Amazon effect.

US 107