PYMNTS

DECEMBER 23, 2020

In the wake of the collapse of its initial public offering of stock (IPO), China’s Ant Group is scaling back the borrowing limits for some of the young users of Huabei. Ant Group is best known for its wildly popular payment and loans app Alipay , which has both online and mobile platforms. The company did not elaborate.

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Groups Cards Regulation Fintech 242

PYMNTS

MARCH 6, 2020

To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2 eRetail Audit,” which is the central offering of the upstart, is said to be a digital platform that offers online retail market share information for “sell-out” consumer merchandise in units, value and volume.

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Groups Data United States Retail 141

Payments Source

JANUARY 20, 2021

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group and its biggest rival Tencent Holdings.

Online 154

Online Payments Financial Technology Groups 154

PYMNTS

SEPTEMBER 30, 2020

UnitedHealth Group Inc. , the world’s largest healthcare company by revenue, has purchased DivvyDose, the Illinois-based online pharmacy startup, for about $300 million, sources told CNBC. CNBC reported giant retailers and health plans are acquiring online pharmacy startups as a way to make it easier for patients to access medicines.

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Online Report Illinois Seattle 198

PYMNTS

JANUARY 13, 2021

Berlin-based Auto1 Group said on Wednesday (Jan. Since its beginnings nine years ago, Auto1 has expanded into 30 European markets and has traded more than two million cars. In July, Auto1 raised $300 million in funding in a round led by Farallon Capital Management and the Baupost Group. Auto1 serves both consumers and dealers.

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Payments Source

AUGUST 18, 2020

Jack Ma’s Ant Group is planning to create a new consumer finance company to bolster its market share in the country’s fast growing online lending industry.

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PYMNTS

SEPTEMBER 21, 2020

Ant Group , the online payment provider for China-based Alibaba Group Holding Ltd., is seeking a record return of at least $35 billion as it goes public in the Hong Kong and Shanghai markets, sources told Bloomberg News. Ant Group declined to comment in an emailed statement. It contributed $433.7

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PYMNTS

SEPTEMBER 28, 2020

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. By and large, Italian consumers first encountered Amazon as a group that firmly preferred shopping in person and paying in cash.

Marketing 237

Marketing Survey Online New York 237

PYMNTS

DECEMBER 27, 2020

The Chinese government’s previously announced antitrust investigation of Alibaba Group Holding Ltd. is focusing on whether the internet giant refused access to its online marketplace to vendors that also wanted to sell elsewhere, according to an official Chinese government website.

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Regulation Marketing Groups Report 206

PYMNTS

NOVEMBER 3, 2020

And according to Ronny Yakov , CEO of The OLB Group , QuickBooks is often an ideal place to start. For The OLB Group, that meant the recently announced integration of billing and payment gateway functionality within QuickBooks. According to Yakov, before the pandemic, about 65 percent of The OLB Group's merchant base were not online.

Online 150

Online Groups Fintech User Experience 150

PYMNTS

NOVEMBER 3, 2020

Jack Ma has seen his net worth plunge by $3 billion after the Ant Group double initial public offering (IPO) was suspended on Tuesday (Nov. Ant Group was looking to raise around $35 billion in proceeds from the offering. percent of Alibaba, which has a market capitalization of $775.5 5) as originally planned. Ma also owns 4.2

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PYMNTS

FEBRUARY 1, 2021

Mall owner Simon Property Group has formed a “blank check” company to go on the hunt for “a company or assets with significant growth potential and prospects.” The move comes as the retail industry is reeling from a double blow: fallout from the pandemic and the great shift of consumer buying to online sales.

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PYMNTS

JULY 6, 2020

Buenos Aires-based eCommerce market MercadoLibre has seen a boost thanks to the pandemic, with shares climbing above $1,000 and sales spiking, Bloomberg reported. According to analysts with Bank of America, even as the market begins to recover and people go out more often, the tendency to buy more online might stick, Bloomberg reported.

Online 150

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PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Amazon Encounters EU Charges Over Seller Data. 10) statement from the European Commission.

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Maryland Taxes Online Groups 151

PYMNTS

FEBRUARY 4, 2020

The activist investor group is well known for impatience and the dramatic demands it makes to the companies it invests in. The group invests in eBay. 4, eBay got a letter from Starboard amping up its pressure to bring eBay back to its core business by selling its online classified unit. And on Feb. And on Feb. in the US).

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Online Comparison Groups Marketing 137

PYMNTS

FEBRUARY 28, 2020

He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4 How It Works.

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Marketing Los Angeles San Francisco San Diego 242

PYMNTS

NOVEMBER 10, 2016

Shares of online retailer stocks managed to lag the broader markets in October, a performance that at least partially keyed into lackluster earnings results for the third quarter, which ended in September. Overall, InternetRetailer.com said its tracking of 25 eCommerce names showed the group off 6.5 percent for the same month.

Retail 115

Retail Online Marketing Groups 115

PYMNTS

AUGUST 5, 2020

While video streaming services remain popular, research indicates more consumers are also turning to online gaming and gambling platforms. The Tracker also examines how both fraudsters and online gaming platforms are employing new emerging technologies to muscle bad actors out of these services. Skillz Takes Offline Bowling Online.

Online 278

Online Report Fraud Mobile 278

PYMNTS

JULY 22, 2020

A new advocacy group dedicated to direct-to-consumer retail was announced this week with representation from Google and several major retailers including QVC, Brooks Brothers and Lane Bryant. The group is ambitious at the outset. What are now considered as perks or necessary adjustments to the shopping and marketing process (e.g.,

Google 150

Google Groups Retail New York City 150

PYMNTS

JUNE 27, 2019

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. Founded in 2010, Creative Group enables customers to digitally buy or send prepaid credit to spend with their favorite brands, as well as to send cross-border credit remittances. We are excited to have Prime Ventures on board.

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Groups Fintech Branding Resources 151

Perficient

MARCH 1, 2021

Digital marketing has been part of marketing programs for decades. award-winning Here’s Why digital marketing video series, Eric Enge gives some retrospective on the history of digital marketing and SEO and shares lessons that can be applied to today’s digital marketing strategy. ? In this episode of the?award-winning

Marketing 309

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PYMNTS

JUNE 10, 2020

Online payment platform Trustly’s global expansion plans just got a big boost. The BlackRock-led group is injecting capital into Trustly at a time when the company is building out its network, which enables merchants to accept bank transfers with the same ease as they now take credit card payments. “At

Capital 131

Capital Groups California Online 131

PYMNTS

APRIL 8, 2020

Panera Bread has entered the online grocery business. With its large number of storefronts and the advertising clout it could put behind the move, the chain could quickly take some market share from the COVID-19-fueled market. For Panera , it provides a revenue stream at a time when restaurant traffic has taken a huge hit.

Online 142

Online Analysis Report Survey 142

PYMNTS

APRIL 22, 2020

Online auto sales are the only game in town. That’s good news for consumers who shop for cars online, which they did at an 86 percent rate during 2019. A small percentage of car purchases were made online last year. For the first 12 days of April they dropped tumbled 63 percent vs. 2019. But it’s an obstacle for dealers.

Marketing 195

Marketing Online Video Industry 195

PYMNTS

DECEMBER 28, 2018

The online retail market hit $186.13 percent of the market share in China during the third quarter. In second place was eCommerce rival JD.com, which The Drum reported ended the third quarter with an online market share of 25.8 Its market share now stands at 6.4 percent market shares — and Gome, with 1.2

Marketing 192

Marketing Retail Online Analysis 192

PYMNTS

JANUARY 7, 2021

China’s Ant Group is mulling the creation of a new consumer loan unit that would allow it to continue making loans throughout the country while complying with new Chinese banking regulations. Ant Group had planned to go public for $35 billion, which would have made it the largest IPO in market history. On Tuesday (Jan.

Groups 141

Groups Regulation Lending Operations 141

PYMNTS

MAY 6, 2020

The pandemic has shut down brick-and-mortar casinos in markets like the United States to help minimize risk, for example, leading consumers to turn to online casinos and sportsbooks. There is one sticking point online casinos need to fix, however, and that is the speed at which consumers receive their winnings.

Online 222

Online Taxes United States Industry 222

PYMNTS

DECEMBER 14, 2020

has entered into a definitive deal to sell Cost Plus World Market to Kingswood Capital Management, while Authentic Brands is reportedly in discussions with Arcadia Group and Debenhams. Bed Bath & Beyond Strikes Deal To Sell Cost Plus World Market. Authentic Brands Could Buy Arcadia Group And Debenhams.

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Branding Groups Retail New York 131

PYMNTS

AUGUST 10, 2017

The People’s Bank of China (PBoC) has ordered all online payment companies to channel mobile payments through a new clearing house by next June, which could have an impact on the dominance of Ant Financial and Tencent. According to The Financial Times , the move would force both companies to share valuable transaction data with competitors.

Online 101

Online Groups Payments Mobile 101

PYMNTS

SEPTEMBER 9, 2020

In fact a new report puts the global market for social commerce at $89.4 Its commerce platform lets users create a variety of gear, including T-shirts, hoodies, yoga pants and smartphone covers, that could appeal to hardcore followers looking to express their passion for their favorite creators,” says Mobile Marketer.

Marketing 209

Marketing Report social media Course 209

PYMNTS

JUNE 10, 2020

Consumers are now getting everything online and that’s going to shape their behavior for good. online or offline, safely or not). Although he was extremely concerned about business volume at the beginning of the crisis, Russell says Shift’s online sales rate has doubled since the COVID-19 crisis started.

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Online Retail Examples Innovation 130

PYMNTS

MARCH 23, 2020

Germany’s eCommerce site Global Savings Group (GSG) has struck a €123.5 million deal with French media company M6 Group to acquire its subsidiary iGraal, France ’s largest cashback firm. iGraal and GSG plan to work together to introduce their cashback platform to additional European markets. GSG has raised $54.3

Groups 131

Groups Tools US Online 131

PYMNTS

JANUARY 20, 2020

Future Group , the Indian conglomerate headquartered in Mumbai, is downsizing its eCommerce division Retail 3.0 The layoffs affected sales, product development, marketing and ground operations and took place over the last few months, two sources said. “The percent stake in Future Group valued at ?2,500 Amazon also acquired a 9.5

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Groups Retail Digital Strategies Analysis 101

PYMNTS

MAY 9, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Insight Fintech is a JV with Xiaomi and investment bank AMTD Group. Xiaomi has a 90 percent stake.

Online 171

Online Capital Regulation Fintech 171

PYMNTS

AUGUST 5, 2019

moneycorp, has acquired an Australian independent treasury advisory company called the Rochford Group for an undisclosed sum, according to reports. This is moneycorp’s second major acquisition this year after it picked up the Brazilian online marketplace Novo Mundo. A payments service provider based in the U.K.,

Groups 108

Groups Payments Risk Management Capital 108

PYMNTS

FEBRUARY 7, 2019

Legacy retail company Foot Locker has invested $100 million in Goat Group, an online platform that sells and resells rare and classic sneakers, according to reports. Eventually, the two companies will collaborate for an online presence as well as in physical stores, to offer customers exclusive shopping opportunities.

Online 122

Online Groups Customer Experience Retail 122

PYMNTS

NOVEMBER 25, 2020

The move by the huge Chinese eCommerce player to take its healthcare branch public, though, comes just a few weeks after authorities in Beijing surprised the financial sector by nixing plans for a massive, $37 billion IPO by Ant Group. The exact size of the IPO, and whether it will reach the $4 billion mark, remain up in the air.

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Groups Report Security Online 158