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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

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And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. Small Business, Big Challenges. Europe, Canada, the U.S.

eCommerce 142
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Walmart Beats The Street, Talks Up eCommerce

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For the third quarter in a row Walmart has beaten analysts’ predictions on revenue and marked same-store sales increases (a difficult magic trick in retail these days) — and in Q3 the company also had some more than solid growth in eCommerce lines and on the global scene. percent (excluding currency swings). Digital sales popped up 20.6

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Goldman Gets Green Light To Operate Bank In South Africa

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As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. In addition, equity investments would be tied to a newly renamed asset management unit.

Banking 60
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Goldman Joins South Africa’s Johannesburg Stock Exchange

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As Goldman Sachs seeks further expansion in the South African economy, the financial services company joined the Johannesburg Stock Exchange’s interest-rate and currency-derivatives market, Bloomberg reported on Monday (Jan. In addition, equity investments would be tied to a newly renamed asset management unit.

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Strong Venmo and QR Code Payments Growth Help PayPal Score Record Q2 Earnings

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In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. Rainey said PayPal is also continuing efforts “around expanding the Pay with Venmo in an eCommerce setting.”.

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Proactis Pulls In $26M From HSBC, New CEO To Target SMBs

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million funding round for B2B eCommerce and spend management company Proactis, the company revealed. In an announcement on its website, Proactis said the investment will enable the company to target small and medium-sized businesses (SMBs) and their cash flow challenges by incentivizing faster payments to small firms. provided a $26.3

B2B 63
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Walmart Forecasting A Big Finish For 2018

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As was the case in the previous quarter, eCommerce sales and grocery were big winners for Walmart, and same-store sales logged their 16th consecutive quarter of growth. We have momentum in the business as we execute our plan and benefit from a favorable economic environment in the U.S.,” Minus currency headwinds, revenue was $126.1