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

PYMNTS

One of the hottest battlegrounds in eCommerce these days — and that includes global, multi-pronged, behemoth eCommerce operators — is a firm in the physical world, the brick-and-mortar stores and chains that, for various reasons, are increasingly attractive to the likes of Amazon , Alibaba and others. Store Woes. go there to shop,” she wrote.

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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

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

PYMNTS

One of the hottest battlegrounds in eCommerce this days — and that includes global, multipronged, behemoth eCommerce operators — is a firm part of the physical world, the brick-and-mortar stores and chain that, for various reasons, are increasingly attractive to the likes of Amazon , Alibaba and others. Store Woes. billion euros ($1.17

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

PYMNTS

continues to grow its eCommerce and grocery operations – same-day grocery delivery is now available to most of the store’s members, the company recently said – as the merchant continues to bask in the glow of besting Amazon in an important customer satisfaction index. Additionally, the smartphone market is getting saturated.

Marketing 101
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Hello TransTech Takes On Didi Chuxing In China Ride-Hailing

PYMNTS

According to reports , the entrance of Hello into China’s carpooling market pits it against Didi Chuxing, the leading ride-hailing company, which – under the direction of the government – has halted its service over safety concerns. In addition to investing in technology startups, Alibaba has also set its sight on the physical retail market.

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Car Talk: Shift Announces Plans To Go Public

PYMNTS

“We are excited to partner with Shift and its world-class management team as it leverages its technology platform to disrupt the $840+ billion used car market,” said Daniel Cohen, chairman of the board of directors of Insurance Acquisition Corp. Merging with Insurance Acquisition Corp.

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Retailers Eye Industry-Shaking Innovation With Accelerators

PYMNTS

Retailers are turning to accelerators to drive innovation, and Target is taking its program to the international stage: It is teaming up with Germany’s wholesale and food specialist METRO AG for its cohort this year. They will also visit the headquarters of Target in Minnesota and METRO’s Accelerator headquarters in Berlin.

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