Sizzle Or Fizzle: Bitcoin Busts, Payments Get Faster And The Eyes Have It
PYMNTS
AUGUST 5, 2016
Now why, you might ask, would the biggest retailer in the world buy an eCommerce site that was facing a mega cash crunch in December and had to raise a whopping $550M just to keep the lights on? It wasn’t because it has the secret to running a profitable eCommerce site or success in monetizing memberships a la its CEO’s alma mater, Amazon.
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