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Fitness Platform Raises $5M For Online Workouts

PYMNTS

Looking beyond COVID-19, Wall Street is betting the at-home fitness boom will outlast the social distancing era. Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., NEOU charges U.S. customers $14.99

Online 130
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Nike Sues More Than 1,000 Websites And Other Parties Over Alleged Counterfeiting 

PYMNTS

Nike is suing 589 websites, the owners of 676 social media accounts and more than 100 unidentified companies and individuals for allegedly selling counterfeit versions of its Nike and Converse shoes online. Nike wrote in a lawsuit filed in the U.S.

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How Digital Innovators Capitalize On Subscription Businesses

PYMNTS

Some providers are capitalizing on the concept by launching new services that offer access to premium content such as newspapers and magazines in exchange for a monthly fee. The portion of surveyed consumers subscribing to a media service is 20 percent. subscription box market by 2022 is £1b. Each box contains eight to 12 products.

Capital 130
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Wardrobe: Recommerce Meets The Sharing Economy In Bid To Become The ‘Airbnb of Fashion’

PYMNTS

From what they call the “lender’s” point of view, suppose a 40-something woman in Los Angeles looks in her closet and notices that there are three great blazers, three great skirts and two pairs of Louboutins that don’t get much usage. And it has renters who are encouraged to share their experiences on social media.

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Rescuing The Restaurant Business From App Decline

PYMNTS

The model for the DineVite online and mobile app is actually similar to social media. With DineVite, consumers and restaurants get a better deal, since the restaurants can offer a deal to customers that they are comfortable with and consumers capitalize on it. On the flip side diners can request private VIP offers.

Miami 130
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How TikTok ‘eGirls’ Helped Create A Multi-Million-Dollar Fashion Brand

PYMNTS

These are the types of things one can expect to find on the Dolls Kill online shopping portal – as well as off the rack in their San Francisco and Los Angeles physical locations. And they are looking to expand – fresh off a $40 million infusion of funds, care of a Series B round from Sequoia Capital.

Branding 131
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Finovate Fall 2016 Live Blog – Day 2

William Mills

Social media is a special challenge since social media was not created with compliance in mind. I can see how some other social media channels may be more prevalent and important in the U.S. Working for the past 6 years with many banks to design their online experience. Especially to bank or invest?