It’s that time of year again — now that all the holiday gifts are opened, the returns start rolling in. Some 10 percent of all holiday purchases are returned, a percentage that often triples when it comes to purchases made online. Holiday sales, excluding autos,...
Holiday spending is now projected to hit more than $1 trillion — yes, with a T—a nearly 4 percent increase over last year. The average adult is expected to spend more than $400 this holiday season on gifts. And while some people are more generous than...
Since the Walgreens/Rite Aid merger is on track to create the largest drugstore operation in the U.S. with 46 percent market share, the companies are under increased pressure from antitrust regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Taxi-hailing app Careem, a competitor to Uber in the Middle East, has raised $350 million in venture funding led by Rakuten, the Japanese eCommerce company, and Saudi Telecom Company. Careem has a valuation of $1 billion. Get the Full Story Complete the form to unlock this...
Online shopping from desktop computers has hit a major milestone this holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
U.K.-based online takeout site Just Eat just ate up two of its competitors in a combined £266.1 million ($336 million) meal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
GoFundMe has helped campaigns raise more than $3 billion since launching back in 2010. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
Overall, publicly traded online retailers outperformed even the overall well-performing eCommerce market — but gains were largely due to Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Tech giant Apple has been in talks to invest in a fund being put together by SoftBank Group, the Japanese telecom and banking firm. Named the SoftBank Vision Fund, it could be as large as $100 billion. SoftBank said it could also tie up with...
