Remove 2012 Remove Online Remove Operations Remove Technology
article thumbnail

UK's Online Grocer Ocado Sued Over Patent Claims

PYMNTS

online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. s online delivery pool. Although Ocado only claims 1.7 It has a stock market valuation of over 20 billion pounds (about $25.7

Online 234
article thumbnail

Online Grocer Ocado Acquires Robotics Companies To Drive Automation

PYMNTS

based online grocery, is heightening its automation drive by acquiring two robotics companies. The robotic pick opportunity in online grocery is of huge value to us and our clients globally,” said Tim Steiner , Ocado CEO. Ocado is embroiled in a patent lawsuit over robotically operated warehouse technology with AutoStore.

Las Vegas 222
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Online Ordering To Cupcake ATMs: How Sprinkles Prepared For The Pandemic

PYMNTS

Quick-service restaurants (QSRs) that were behind the curve on digital technologies have quickly pivoted to enable touchless payments and delivery. Sprinkles , a Beverly Hills, California-based confectioner, was as prepared as a QSR could possibly be for the rush to online ordering, payments, pickup and delivery. Legh-Page said.

ATM 196
article thumbnail

Online Porn Pays Off for Fraudsters

PYMNTS

By some accounts, pornography played a central role in the rise of the internet (and provided significant funding for cable and telecom operators ). And when it comes to one of the emerging digital commerce technologies, virtual reality , pornography is serving as a trailblazer of sorts (to no one’s actual surprise, perhaps).

Online 129
article thumbnail

Macy?s Names Chief Technology Officer To Lead eCommerce Teams

PYMNTS

After serving as the VP of technology at The Home Depot , Naveen Krishna is heading to Macy’s to become the retailer’s chief technology officer. Naveen’s track record in omnichannel retail makes him the perfect fit to lead the Macy’s technology organization at this critical time.”.

article thumbnail

Target Aims To Purchase Delivery Startup Deliv

PYMNTS

“Due to a confluence of events over the past few months, Deliv will unfortunately be winding down our operations over the next 90 days,” she wrote. Valued at $190 million two years ago, Deliv has raised $85 million in venture capital since its founding in 2012, according to PitchBook Data Inc. The timing couldn’t be better.

Google 177
article thumbnail

Today In Digital-First Banking: MercadoLibre Gets License From Brazil, Alacriti Collaborates With Glia On Customer Service

PYMNTS

The new license from the nation’s central bank will let it have independence in making and directly operating financial services there, along with accessing new kinds of financing. SumUp has been active in Ireland as of 2012 and has introduced digital payments to thousands of companies.