PYMNTS

JULY 6, 2020

Buenos Aires-based eCommerce market MercadoLibre has seen a boost thanks to the pandemic, with shares climbing above $1,000 and sales spiking, Bloomberg reported. According to analysts with Bank of America, even as the market begins to recover and people go out more often, the tendency to buy more online might stick, Bloomberg reported.

Online 150

Online America Groups Analysis 150

PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. On Tuesday (Jan.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Amazon Encounters EU Charges Over Seller Data. 10) statement from the European Commission.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

JUNE 27, 2019

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. 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 excited to have Prime Ventures on board.

Groups 151

Groups Fintech Branding Resources 151

PYMNTS

APRIL 22, 2020

Online auto sales are the only game in town. That’s good news for consumers who shop for cars online, which they did at an 86 percent rate during 2019. A small percentage of car purchases were made online last year. For the first 12 days of April they dropped tumbled 63 percent vs. 2019. But it’s an obstacle for dealers.

Marketing 195

Marketing Online Video Industry 195

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market. It is expected that the business will keep operating as a stand-alone brand.

Branding 131

Branding Groups Retail New York 131

PYMNTS

MAY 6, 2020

The COVID-19 pandemic has had a noted effect on how several industries can operate and interact with their customers during this time including retail stores, movie theaters and casinos. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

Online 222

Online Taxes United States Industry 222

PYMNTS

AUGUST 5, 2019

moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. This is moneycorp’s second major acquisition this year after it picked up the Brazilian online marketplace Novo Mundo. A payments service provider based in the U.K.,

Groups 108

Groups Payments Risk Management Capital 108

PYMNTS

JUNE 10, 2020

Consumers are now getting everything online and that’s going to shape their behavior for good. online or offline, safely or not). Although he was extremely concerned about business volume at the beginning of the crisis, Russell says Shift’s online sales rate has doubled since the COVID-19 crisis started.

Online 130

Online Retail Examples Innovation 130

PYMNTS

MAY 9, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Insight Fintech is a JV with Xiaomi and investment bank AMTD Group. Xiaomi has a 90 percent stake.

Online 171

Online Capital Regulation Fintech 171

PYMNTS

JANUARY 20, 2020

Future Group , the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 The layoffs affected sales, product development, marketing and ground operations and took place over the last few months, two sources said. “The percent stake in Future Group valued at ?2,500 2,500 crore.

Groups 101

Groups Retail Digital Strategies Analysis 101

PYMNTS

FEBRUARY 3, 2020

tech firms’ dominance across online platforms, and the collection and use of data. The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. In Europe, another regulatory salvo may be aimed at U.S. million credit card customers.

Data 130

Data Marketing Rhode Island Google 130

PYMNTS

JULY 27, 2020

Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street Interactive ’s announcement that it will be going public. The blank check operation that will take Rush Street Interactive public fits the profile.

Online 142

Online Indiana New Jersey Colorado 142

PYMNTS

MAY 14, 2020

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. out of 10 on “likelihood to recommend.”.

Online 164

Online Retail Millennials Analytics 164

PYMNTS

JANUARY 10, 2020

58 Home is reportedly one of the country’s leaders in enabling consumers to find services online ranging from house cleaning to flower delivery. It is competing for market share against rivals that have more resources, including some businesses operated by Alibaba Group Holding Ltd. The company is owned by 58.com

Online 130

Online United States New York Resources 130

PYMNTS

MAY 7, 2020

Many are instead flocking to online gambling sites after the closure of all 989 commercial and tribal casino properties in the U.S. However, it can take a long time for online players to collect funds, unlike at casinos, where consumers can instantly collect winnings in cash. payments market is behind that of Europe, but U.S.

Online 142

Online New Jersey Pennsylvania Regulation 142

PYMNTS

DECEMBER 11, 2020

Consumers were flocking to digital and mobile banking well before the pandemic’s onset, but social distancing and limited branch operations highly accelerated that uptake. It goes to consistency of process,” he said in a PYMNTS interview.

Groups 169

Groups Mobile Tools Branding 169

PYMNTS

OCTOBER 2, 2019

It’s not exactly high time for legal online gambling yet – that comes in early 2020, with the Super Bowl and then the NCAA college basketball tournament – but the betting season is certainly heating up on more ways than one. And that new fuel comes as the legal online and mobile gambling industry in the U.S. has added to that pressure.

Online 134

Online Houston New Jersey Innovation 134

PYMNTS

DECEMBER 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. Why Travel Firms Need To Cater To Millennial Payment Preferences.

Marketing 132

Marketing Millennials social media Case Study 132

PYMNTS

AUGUST 21, 2020

The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. The first big move was the introduction this month of an online marketplace to enhance the popular Kroger Ship service and widely expand the digital assortment of private-label products that Kroger has on offer.

Online 160

Online Seattle NV Oklahoma 160

PYMNTS

JANUARY 1, 2021

Starting with some of the most recent changes — and a sign of what’s to come — earlier in the month, the European Commission offered up its initial draft of the Digital Services Act and the Digital Markets Act. As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms.

Regulation 352

Regulation social media Course Apple 352

PYMNTS

JANUARY 18, 2021

Sequoia Capital has agreed to invest around 6 billion euros in Auto1 Group before the online car trading platform's initial public offering (IPO), Bloomberg reported Monday (Sept. In a press release, Auto1 touted its "proven business model" and the market existing in Europe for used cars. 18), citing anonymous sources.

Capital 234

Capital Groups Branding Online 234

PYMNTS

JULY 3, 2018

A recent California Supreme Court decision that essentially allows a negative Yelp post to stand about a lawyer could help determine how online reviews are treated in the future. The Hassell Law Group represented Ava Bird in a 2012 personal injury case for three months. A colleague disagreed.

Online 104

Online California social media San Francisco 104

PYMNTS

APRIL 16, 2019

Walmart CEO Doug McMillon went on a two-day trip to Bangalore, India and said his company is committed to the Indian market, and that the country presents a huge opportunity, according to reports. McMillon was asked about the changes to India’s market, such as the regulations put in place on Feb.

Marketing 156

Marketing Leadership Meeting Regulation 156

PYMNTS

APRIL 5, 2019

Norwegian banking alliance Eika Group is teaming up with EedenBull , India’s FinTech startup BharatPe notched $15.5 Eika Group, a Norwegian banking alliance, is teaming up with EedenBull for a partnership to create payment programs, EedenBull said in an announcement. million in Series A funding, The Hindu BusinessLine reported.

Groups 109

Groups Innovation Fintech Payments 109

PYMNTS

AUGUST 31, 2020

Over the weekend, Reliance Industries – the company owned by India’s richest man, Mukesh Ambani – purchased Future Group ’s 2,000 retail stores and the Big Bazaar grocery chain. Reliance’s purchase of Future Group is similar to Amazon’s acquisition of Whole Foods , but at a much bigger scale. Whole Foods has 497 stores.

Retail 263

Retail Online Groups Industry 263

PYMNTS

JUNE 15, 2020

With the SoftBank deal, Bango provides carrier billing services for the three largest mobile phone operators in Japan, as it already worked with NTT Docomo and KDDI. Japan, in turn, is market primed for mobile payments, with mobile phone subscriptions, at 177 million, far outnumbering the country’s population of 130 million.

Mobile 150

Mobile Marketing Payments Cards 150

The Paypers

NOVEMBER 20, 2020

Gaming Innovation Group (GiG) has signed a long-term agreement with casino client K.A.K. DOO for the provision of GiG’s sportsbook to launch both their digital and land-based sports betting operations in the North Macedonian market.

Groups 41

Groups Innovation Online Retail 41

Perficient

JULY 10, 2020

Achieving these commitments will require clinical, marketing, and operations teams partnering more closely together and in a way they never have before. COVID exposed the fragility of many systems’ operating models: an over-reliance on a small number of services to fund expenses across the enterprise. The $200B question.

US 522

US Marketing Automation Marketing System 522

PYMNTS

JULY 30, 2019

One of the three licenses was granted to Rakuten International Commercial Bank, which is operated by Japanese eCommerce firm Rakuten Inc and Taiwan’s IBF Financial Holdings. A license was also granted to LINE Financial Taiwan, led by Japanese app operator LINE Group.

Trends 173

Trends Digital Banking Innovation Online 173

PYMNTS

JULY 20, 2018

The situation seemed to recently come to a head, as the company told employees that it was shuttering its operations. It’s not too much of a surprise, then, that the Food Marketing Institute (FMI) said that only 22 percent of consumers have tried meal kits, while interest in meal kits purchased from stores is 51 percent.

Operations 100

Operations Retail Branding New York 100

PYMNTS

MAY 14, 2018

Bloomberg , citing four people with direct knowledge of the matter, reported that Morgan Stanley purchased $14 million in local subordinated bonds from online consumer lender Geru Tecnologia e Servicos. Morgan Stanley’s move comes at a time when the Brazil FinTech market is exploding. percent each year, noted the report.

Fintech 116

Fintech Marketing America Report 116

PYMNTS

FEBRUARY 14, 2019

Convenience store operator 7-Eleven, for instance, said in November that some Canadian stores would take WeChat Pay and Alipay. As it stands, the company has already had large international investment partners such as Alibaba Group. Chinese cross-border shopper’s average annual spend is $848.

Retail 129

Retail Online Payments United States 129

PYMNTS

FEBRUARY 18, 2019

To serve travelers from China who want to shop in-store and online, retailers thousands of miles away from Asia are accepting Alipay in brick-and-mortar stores and on the web. Walgreens is no stranger to the Chinese market – or Alibaba: In September , the retailer unveiled the launch of a Boots flagship store on Tmall Global.

Online 140

Online Las Vegas America San Francisco 140

PYMNTS

AUGUST 7, 2018

India-based online food ordering and delivery platform Swiggy has reportedly spent about $7.3 million to buy Scootsy , another Indian firm that offers online food delivery services. That said, online food delivery is having its moment. China, too, provides evidence that online food delivery remains a hot proposition.

Online 106

Online social media United States Virginia 106

PYMNTS

APRIL 17, 2020

British regulators have given the initial green light for Amazon’s investment in Deliveroo , the London online food delivery company that said it could go bankrupt without an infusion of cash due to COVID-19. On Friday (April 17), the Competition and Markets Authority (CMA), the U.K. s online restaurant market. “As

Regulation 160

Regulation Groups Study Marketing 160

PYMNTS

JUNE 25, 2019

When it comes to retail, general commerce and online payments, the increasingly powerful middle class in India will probably get major credit in future textbooks for shaping the global digital economy. Look no further than an India-based hotel operation called Oyo for further evidence of that.

Online 100

Online Retail Capital Marketing 100