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PetSmart Acquires Leading Online Pet Food Retailer

PYMNTS

PetSmart is boosting its digital offerings through the acquisition of Chewy, the leading online retailer of pet food and products. Chewy’s high-touch customer eCommerce service model and culture centered around a love of pets is the ideal complement to PetSmart’s store footprint and diverse offerings.”.

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DraftKings To Merge With Other Companies, Go Public

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company said the deal with DraftKings turns it into the “only vertically-integrated pure-play sports betting and online gaming company,” the company said in a release.

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DraftKings To Merge, IPO At A $3.3B Market Value

PYMNTS

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company said the deal with DraftKings turns it into the “only vertically-integrated pure-play sports betting and online gaming company,” the company said in a release.

Las Vegas 130
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PICKUP Teams With Postmates For Quicker Last-Mile Deliveries

PYMNTS

PICKUP Enterprise operates the end-to-end customer experience and includes access to its Good Guy network, which specializes in both the delivery and assembly of big and heavy goods. . Postmates was launched in 2011 and is based in Silicon Valley. May grocery sales were $6.6 billion.

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PayPal Buys AI Prediction Platform

PYMNTS

“With Jetlore’s talent and AI-powered technology, we will enhance and accelerate PayPal Marketing Solutions, adding new capabilities that continue to expand PayPal’s value proposition for merchants beyond the online checkout experience,” wrote PayPal in its blog post. “We

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Canadian D2C Seller Brings Unique Business Model To Furniture Market

PYMNTS

Article is an online furniture pure-play. Founded in 2011 as a high-end home décor brand, it turned a profit after just two years. The program improves the customer experience while reducing average delivery times by as much as two days. In terms of the general online furniture market, Wayfair and Amazon dominate.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

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