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The Antiques Market Bids Heavy On eCommerce

PYMNTS

Now we’re going to take a smaller storefront and concentrate more online. and China –accounted for 82 percent of global sales, down by 2 percent year on year. Part of that is due to the lack of foot traffic. But it’s also a function of the improvements in photography that let people get a better look at what they’re buying. .”

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Nike To Pull Product Listings From Amazon

PYMNTS

Nike announced that it is parting ways with Amazon and will no longer sell its products on the eCommerce marketplace, ending a pilot program that began in 2017, The Wall Street Journal (WSJ) reported on Tuesday (Nov. The sneaker and sports apparel company said it is going forge new retail partnerships and concentrate on its direct business.

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Apps And Alternative Finance Gain FinTech Investor Favor In India

PYMNTS

In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India FinTech Tracker, the year to date tally stands at just under $3.7 percent, eCommerce at 23.8 Groww focuses on investment products and services marketed to millennials. Three months to go, more or less. Groww has said that it has 2.5

Finance 57
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Levi’s Talks Up Its Big Digital Game — Including In China

PYMNTS

8) released its third quarter financials, and though the company’s performance in the Americas — a 3 percent year-over-year revenue decline — reportedly disappointed investors, eCommerce increased 21 percent for the global business. wholesale by continuing to reduce our concentration in that channel.”. Levi’s late Tuesday (Oct.

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Can Better, Digital Credit Help SMBs Thrive?

PYMNTS

Those receivables, an asset to the business, are only an asset when they become cash in that SMB’s bank account. As much as 24 percent of monthly revenues for SMBs are tied up in accounts receivable or trade credit, which stymies cash flow. alone, B2B eCommerce transactions will reach $1.2 In the U.S., focused B2B sales.

B2C 63
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CurrencyCloud Founder Leaving To Focus On His Next Venture

PYMNTS

According to a report in Business Insider , Verdon said he was leaving Currencycloud because the business is going well and shareholders of RailsBank want him to concentrate on that FinTech more fully. Currencycloud founder Nigel Verdon is reportedly leaving the company to focus on a new FinTech startup, RailsBank.

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Klarna Is Making The Jump To Real-World Commerce

PYMNTS

Klarna — a Swedish payments provider for eCommerce businesses — is making the jump from the digital to the physical world. Though digital and mobile are increasingly ascendent, physical commerce remains dominant and accounts for over 90 percent of all retail spending in the Western nations where Klarna operates.