Remove Marketing Remove Metro Remove Online Remove Technology
article thumbnail

Alibaba Bids For Metro Brick-And-Mortar Stores In China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in the Chinese wholesale operations of Germany-based Metro AG. Those Metro stores that Alibaba reportedly wants still seem to have some life left in them. Metro reported that same-store sales in Asia rose a currency-adjusted 7 percent to €1.04

Metro 148
article thumbnail

Metro Cash And Carry Launches App To Help India Shops Digitize

PYMNTS

The Indian arm of German retailer Metro Cash and Carry has announced the launch of an app for kirana stores, allowing retailers to order stock, keep a check on inventory, and facilitate payments directly from their smartphones. There are plans to launch the app across all of its 27 stores in 17 cities in the near future. “The

Metro 110
Insiders

Sign Up for our Newsletter

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

article thumbnail

libaba Bids for Metro Brick-and-Mortar Stores in China

PYMNTS

14) when an exclusive report from Reuters said that Alibaba wants to buy a stake in Germany-based Metro AG’s wholesale operations in China. Those Metro stores that Alibaba reportedly wants still seem to have some life left in them. Metro reported that same store sales in Asia rose a currency adjusted 7 percent to 1.04

Metro 100
article thumbnail

Car Talk: Shift Announces Plans To Go Public

PYMNTS

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. A spokesperson for Shift indicated that the company expects the move will make online auto sales a three-horse race between Shift, Vroom and Carvana.

article thumbnail

COVID-19 Looks Set To Raze Online Home Sales (And Agents’ Jobs)

PYMNTS

housing market, which itself is poised to take a hit where no part of the U.S. The housing market depends on the sanguine attitude of the U.S. In many metro areas, listing volumes were down between high teens percentage rates to more than 40 percent. The quartet includes Zillow Group, Offerpad, Redfin and Opendoor Labs.

Online 181
article thumbnail

Costco’s First China Store Signals Broader Retail Trend Into Foreign Markets

PYMNTS

The answer may hold lessons for other retailers eager to do more in the Chinese market. According to the South China Morning Post , Costco opened its first brick-and-mortar store in China this week in the Shanghai area, “five years after making its first online foray into China.” Alibaba is hoping to win over U.S. China trade war.

Marketing 101
article thumbnail

Yandex, The Russian Google, Has 15-Minute Grocery Delivery 

PYMNTS

Russia’s biggest technology firm, Yandex NV, launched an online service that uses bike couriers to bring groceries to Moscow residents in 15 minutes, Bloomberg reported on Tuesday (Jan. The free service, called Lavka, stocks roughly 2,000 items and plans to operate as a digital convenience market for items like toothpaste and condoms.

Google 177