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Petco’s $864 Million IPO Beats Forecasts 

PYMNTS

The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. This IPO marks Petco’s third foray into the public markets following filings in 1994 and 2000. Petco raised $864 million in an initial public offering (IPO) scheduled to start trading on Thursday (Jan.

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DoorDash Dives Into Grocery Delivery Business

PYMNTS

San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. DoorDash’s on-demand grocery service is a nice addition to our online shopping options, and with delivery in under an hour, we know Smart & Final customers are going to appreciate it.”.

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Win new valuation engagements by asking business owners these 4 questions

Abrigo

Approach industry associations (such as those serving manufacturers, retailers or physicians) and offer to host an online workshop using a free or low-cost service like GoToMeeting or Google Hangouts. Snider says that only about 20 percent to 30 percent of businesses that go to market end up being purchased. Do you have one?

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Amazon Eyes Food Delivery Service In London

PYMNTS

Amazon has already dominated the online shopping and clothing markets, and now, it is setting its sights on the food delivery industry, something that startups, including Uber, have been eyeing. The venture capital industry has been responding, pouring money into the space for the last couple of years.

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Payment Acceptance, Key Hurdle To SMB Success

PYMNTS

Accepting payments, as Ecwid’s VP of Strategic Markets, Sridhar Nagarajan, describes it, is the most vexing problem that merchants need to solve. As of Q3 2016, less than a third of B2C SMBs and a mere 10 percent of B2B SMBs had the capability to accept payments online, according to the PYMNTS SMB Technology Index.

Payments 101
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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

The move comes the company is investing in refurbishing stores, rolling out faster shipping for eCommerce orders and offering store pickup as well as online grocery delivery. The company is testing its workplace program at mainly smaller supercenters along with the company’s Neighborhood Markets. billion in the year prior.

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New Investment for Dealstruck Boosts Lending Capital to More than $100 Million

Fintech Labs Insights

Dealstruck has raised $10 million in new capital from Community Investment Management. The online business lender now has a total capital of $70 million and says the investment will enable it to lend more than $100 million to small businesses. “And growing the capital pool means more access and more opportunity.”

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