PYMNTS

FEBRUARY 6, 2019

Chinese upstart eCommerce site Pinduoduo (PDD) is raising more than $1 billion to help compete with Chinese giants like Alibaba and JD.com, according to reports. billion, said it’s planning on selling 37 million of its shares to raise the new billion, or even $1.25 The company, which went public six months ago and raised $1.6

eCommerce 53

eCommerce Profit and Loss Securities Entertainment 53

PYMNTS

FEBRUARY 7, 2020

In today’s top payments news, Uber reported positive fourth quarter earnings, NYSE owner International Exchange said it will not pursue plans to buy eBay and Afterpay pushed back against RBA’s potential regulation of “tap and go” fees. NYSE Owner Abandons Plans To Buy eBay. Afterpay Pushes Back Against Australia’s Fee Regulation.

Planning 52

Planning Profit and Loss Sales Economics 52

PYMNTS

AUGUST 8, 2018

As eCommerce and delivery companies fight an increasingly tough battle to streamline costs and compete for customers, a number of firms are moving to take control over logistics and distribution, as the cost savings and efficiencies can help accelerate growth and lower the expense of making final delivery to the customer. and Canada.

eCommerce 43

eCommerce Transportation Manufacturing Forecasting 43

PYMNTS

MARCH 21, 2016

Indian payments startup Paytm has hired Alibaba’s head of wholesale business to steer its growth and build a stronger collaboration with the Chinese eCommerce giant. As part of its expansion strategy, the Noida, India-based company also announced its plan to increase its marketplace seller base from 100,000 to over 500,000.

eCommerce 40

eCommerce Communication Leverage Startups 40

PYMNTS

OCTOBER 25, 2017

In the vein of young romantics crafting elaborate prom-posals for their beaus, 54 North American states, districts and territories are courting the eCommerce giant, and courting it hard. (If The economic development agency’s top official, Manuel Laboy, said Puerto Rico wanted to show it could bounce back from the hurricane. In the U.S.

eCommerce 43

eCommerce Economics Manufacturing Investments 43

PYMNTS

JULY 3, 2020

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. million seed investment in the firm, which will be used to help Zeller gear up for its official launch.

B2B 64

B2B Manufacturing eCommerce Prioritization 64

PYMNTS

APRIL 9, 2020

ITOCHU previously participated in Paidy’s Series B round in 2016 and its Series C round in July 2018, bringing its total investment in the startup to $91 million. We are very honored to have received further support from Itochu Corporation with this most recent investment,” said Cummer. million across seven funding rounds. “We

Startups 92

Startups Investments Economics eCommerce 92

PYMNTS

SEPTEMBER 4, 2020

Though it didn't reveal how much it raised, Zero Hash, based in Chicago, announced the close of its Series C investment round led by holding company tastytrade. As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives. Cloudentity.

B2B 60

B2B Startups Strategic Planning Communication 60

PYMNTS

APRIL 29, 2016

An investment in smart technology is starting to pay off for United Parcel Service (UPS) as profits soar. However, UPS has been able to capitalize on the increasing need for these types of deliveries, thanks, in large part, to investments the company has recently made in updating its infrastructure. Average daily U.S.

eCommerce 40

eCommerce Treasury Investments Economics 40

PYMNTS

JUNE 18, 2020

The eCommerce leader said it expects to create tens of thousands of part-time opportunities in the Amazon Flex communities. Amazon Flex partners enjoy the part-time opportunity to earn more, especially at this time when the country is economically recovering from the impact of the nationwide lockdown.”.

eCommerce 63

eCommerce Transportation Economics Investments 63

PYMNTS

MAY 19, 2020

Plus, Uber plans to cut 3,000 more jobs. Treasury Department and the IRS are planning to send out around 4 million Economic Impact Payments (EIP) via Visa prepaid debit cards rather than paper checks this week. Amazon Eyes JCPenney Buy. Treasury: 4 Million Stimulus Payments To Be Sent Via Visa Prepaid Debit Card.

Mergers and Acquisitions (M&A) 84

Mergers and Acquisitions (M&A) Treasury Retail eCommerce 84

PYMNTS

SEPTEMBER 16, 2020

This appears to be driving an uptake in subscription plans for daily goods. The September Subscription Commerce Tracker ®: eCommerce Goods And Direct-To-Consumer Edition examines the rise of D2C consumer goods subscriptions and the factors that keep subscribers loyal. Around The Consumer Goods And D2C Subscription Landscape.

Leverage 87

Leverage eCommerce Economics Investments 87

PYMNTS

OCTOBER 14, 2018

We see this (data localization) as a fundamental issue to the further development of digital trade and one that is crucial to our economic partnership,” the U.S. India is also working on a law that would require all personal data be stored in India, while Reuters noted eCommerce and cloud computing rules are also being created.

Economics 74

Economics eCommerce Finance Banking 74

PYMNTS

MAY 21, 2020

For example, Walmart recently reported that eCommerce sales increased 74 percent year on year in the first quarter , while Target saw eCommerce sales soar 141 percent during the same time period. According to our latest polling, 31.1 Another 30.3 Another 32.7

eCommerce 68

eCommerce Retail Economics Planning 68

PYMNTS

JUNE 10, 2020

Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 Ula, launched in January this year, aims to help small store owners boost their income through its multi-category wholesale eCommerce platform, along with perks such as a large products list, prices, doorstep delivery and pay later options.

Securities 52

Securities eCommerce Retail Economics 52

PYMNTS

JUNE 26, 2020

But as difficult a time as it’s been, it’s not utterly devoid of good news or silver linings, Amol Helekar , principal at investment firm TCV , told Karen Webster during the latest This Week In Payments conversation. I’d say that the businesses certainly have been impacted by shelter-in-place restrictions and the economic slowdown,” he said.

eCommerce 70

eCommerce Practice Management Economics Investments 70

PYMNTS

JUNE 17, 2020

Consumers around the world are confining themselves to their homes and feeling the urge to invest in luxury items and home improvement projects to spruce up their surroundings — despite economic concerns. More than 15,000 brands and merchants are in fact offering or planning to offer BNPL plans.

Budgeting 67

Budgeting Retail Economics Planning 67

PYMNTS

JANUARY 11, 2021

Whether businesses were establishing their modernization roadmaps for the first time or simply accelerating the plans they already had in place, the COVID-19 crisis drove organizations to embrace technology at unprecedented levels in order to manage a remote workforce, supply chain disruptions and economic uncertainty.

Treasury 79

Treasury B2C Prioritization Healthcare 79

PYMNTS

OCTOBER 27, 2020

“We are including raising our earnings outlook in anticipation of achieving our 35th consecutive year of double-digit adjusted earnings per share growth while continuing to invest in the future.". And it profited from the digital-first economy, signing 42 eCommerce clients during the quarter.

eCommerce 67

eCommerce Economics Accounting Securities 67

PYMNTS

APRIL 10, 2020

With staff shortages caused by the pandemic, however, the eCommerce firm is pausing the offering. Nationwide Says Business Banking Plans No Longer Viable. lender, has curtailed its plan to start a business banking venture , noting that COVID-19 made the field not viable at the present time. Nationwide Building Society, the U.K.

Healthcare 86

Healthcare Accounts Payable Invoicing Nonprofit 86

PYMNTS

DECEMBER 18, 2020

Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. “We but the company has plans to expand across the globe. We only recently became profitable and have experienced net losses. Poshmark reports that it has transacted $1.1

Profit and Loss 82

Profit and Loss Startups Economics eCommerce 82

PYMNTS

JULY 29, 2020

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.”.

Forecasting 84

Forecasting Currencies Entertainment eCommerce 84

PYMNTS

NOVEMBER 12, 2020

For every company that has defied the COVID-driven economic storm with positive results there’s another one that has not. In an environment which remains uncertain, we will continue to deliver exceptional product, localize plans and shift resources, while leveraging the strength of our digital platform to inspire customers.”.

Sales 52

Sales Retail Leverage eCommerce 52

PYMNTS

JUNE 12, 2020

Latest Economic Stimulus Package On Hold. Apple Preps Installment Pay Plans On Apple Card . Uber Eats has called it quits on an initiative to lease kitchens in Paris to those in the dining industry so they could make food for its eCommerce ordering and delivery platform. eCommerce Helps Women Hard Hit By India’s Shutdowns.

eCommerce 52

eCommerce Planning Economics Finance 52

PYMNTS

SEPTEMBER 4, 2020

We saw strong growth in digital and traditional play, a rapid shift to eCommerce and the importance of having a truly global operating model.”. Last week Lego Education introduced new resources and lesson plans for the home as well as the classroom. Christiansen. “We

Math 64

Math Education Retail eCommerce 64

PYMNTS

MARCH 27, 2020

It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. ” As investors and startups remain on-edge about exactly how this will play out, only a few B2B technology startups announced their own investments this week.

B2B 72

B2B Startups Economics Education 72

PYMNTS

AUGUST 7, 2020

It saw a 29 percent year-over-year decrease in the number of units shipped to eCommerce processing facilities. She said the company plans to move forward with previously announced plans to open a Chicago store. “We But supply problems from sellers were a substantial issue for the company during the quarter.

Sales 60

Sales Economics eCommerce Investments 60

PYMNTS

JUNE 2, 2020

Try comparing the numbers of the COVID-19 economic asteroid hit to anything that came before, and it quickly becomes apparent that there is no apt comparison. percent have improved upon or added eCommerce portals. percent say they have been forced to close, but plan to operate as they did once they can reopen,” the new report states.

Invoicing 52

Invoicing Investments Planning Economics 52

PYMNTS

OCTOBER 12, 2016

Wall Street appears to be loving Walmart’s new strategy to slow down its store openings and place an emphasis on its eCommerce business. While Walmart CEO Doug McMillon told analysts at the company’s annual investor meeting last week that Walmart was even more bullish on eCommerce and a digital transformation than most realized.

eCommerce 60

eCommerce Leverage Retail Economics 60

PYMNTS

AUGUST 21, 2020

Jeff Bezos’ wingman is planning to quit next year. In May, Patrick Gauthier , Amazon vice president, told PYMNTS the eCommerce giant can count itself lucky when it comes to weathering the COVID-19 storm. 21) he will retire in the first quarter of 2021. We need American workers to get products to American customers,” he said.

Manufacturing 68

Manufacturing Economics eCommerce Retail 68

PYMNTS

APRIL 6, 2020

Companies already piloting AR — including top retailers and a leading eCommerce platform, according to Gartner — may accelerate their experiences with 5G. Shortly before the coronavirus pandemic became a national emergency, Verizon announced it was increasing its capital investment for this year by $500 million to accelerate its 5G efforts.

Budgeting 61

Budgeting Retail Forecasting Economics 61

PYMNTS

NOVEMBER 6, 2020

million consumers — intend to cancel their services once the pandemic ends, and the share of digital media subscribers who plan to do so is even higher at 17.5 It’s the kryptonite of subscription merchants and brands, so keeping subscription offerings fresh and frictionless will help determine their long-term economic super-powers.

Entertainment 72

Entertainment Advertising Nonprofit Economics 72

PYMNTS

MARCH 12, 2020

The coronavirus could have far-reaching effects on the workplace, investing and tourism. eCommerce tool company Shopify is giving a $1,000 allowance for staff to purchase business supplies and assist in the move to telecommuting with the occurrence of the coronavirus, CNBC reported. trillion only a couple of weeks ago to roughly $1.1

Valuation 52

Valuation Economics eCommerce Investments 52

PYMNTS

SEPTEMBER 7, 2018

Companies like alternative small business (SMB) lenders or accounting solutions providers, for instance, remain popular investment targets. PYMNTS takes a look at the latest investment rounds, totaling more than $447 million. The investment follows a $1.5 million investment round later this year. Portal Finance.

B2B 43

B2B Invoicing Reconciliations eCommerce 43

PYMNTS

NOVEMBER 15, 2018

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.,” Walmart’s net income came in at $1.71

Forecasting 46

Forecasting Currencies Economics eCommerce 46

PYMNTS

JUNE 5, 2019

While it might not look like much at first glance, an escalating legal spat between Walmart -owned, Indian eCommerce marketplace Flipkart and a small, relatively unknown New Delhi wearables maker might just be on the verge of bubbling over in a way that changes the whole direction of India’s hundred-billion-dollar eCommerce market.

eCommerce 53

eCommerce Compliance Startups Investments 53

PYMNTS

SEPTEMBER 7, 2018

Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one point of friction. The company had previously raised pre-seed and seed funding, and, according to reports, is set to close an additional investment round to the tune of $2.5

Finance 46

Finance B2B Startups Corporate Finance 46