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Amazon Starts Selling Sustainable Diapers

PYMNTS

Amazon has launched a diaper brand called Earth + Eden , a premium brand that reportedly will compete with similar products from the likes of The Honest Company. Amazons said Earth + Eden is an “exclusive” brand for the eCommerce operator — and not a private brand from Amazon. each (size 1) to $0.51

Branding 139
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Creative Group FinTech Lands $25M To Expand Into 30 Countries

PYMNTS

Founded in 2010, Creative Group enables customers to digitally buy or send prepaid credit to spend with their favorite brands, as well as to send cross-border credit remittances. We are an official digital distributor for some of the world’s most powerful brands,” said Günther Vogelpoel, CEO of Creative Group. “We

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Grab And Gojek Reportedly Closing In On Mega-Merger 

PYMNTS

Grab and Gojek are both powerful players in Southeast Asia’s market for ride-hailing, food delivery and payments. The two entities could also operate independently under their own brand names for an undetermined amount of time, the sources said.

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eBay Seeks Buyer For Korean Division

PYMNTS

At the time of the merger, the companies made up 87 percent of the country’s consumer-to-consumer market as well as over 30 percent of the online shopping mall market. eBay has been considering a selloff of the business since last year, as well as other options like spinning it off and making it a joint operation.

Regional 140
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Branches more important than apps?

Chris Skinner

For example, it shows that the UK retail banking market place has become a dull playground thanks to mergers and acquisitions over the past half century: As a result, the six large banking groups held an 89% market share of the current account market. Anyways, there is some key metric data in the report.

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UK Casual Dining Firm The Restaurant Group Shutters 150 Eateries

PYMNTS

Europe’s The Restaurant Group (TRG), which operates over 650 restaurants and pubs across the country, is closing 150 eateries, Financial Times reported on Tuesday (Sept. TRG said it will gradually close at least 50 percent of the outlets across the two brands as leases expire. million pre-tax loss for the first half of this year.

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Why L’Occitane Bought Elemis

PYMNTS

Earlier this week, Hong Kong-listed luxury cosmetics firm L’Occitane International SA announced its intended $900 million acquisition of British beauty and skincare brand Elemis. The deal is the latest in a spate of acquisitions of high-end skincare brands. There are also the efforts of mass market retailers. billion). .

Branding 123