Bringing Amazon’s Prime Air drone delivery program to life may actually result in big profits for the company down the line, The Verge reported yesterday (June 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Japan’s biggest e-commerce player, Rakuten Inc., has plans to raise $1.5 billion via a share offering. The firm is looking to strengthen its financial position as it moves to expand through acquisitions. Get the Full Story Complete the form to unlock this article and enjoy...
The war is on! In a move to compete with Target, Walmart and eBay’s eCommerce platforms, Amazon is launching free shipping of small items less than 8 ounces and without a minimum order, BloombergBusiness reported yesterday (June 2). The delivery is estimated to take four to eight days for...
Douglas Trauber is joining Citigroup as Global Co-Head of Retail within the Investment Banking group next August to oversee coverage for Citi’s Retail banking team. He will work hand in hand with Co-Head of Retail, Richard Moriarty. The appointment was announced in a June 1...
Apple Stores and Best Buy alike eventually plan to drop AT&T iPhone subsidies in favor of installment plans, according to a Monday, June 1 story from CNET, which cited an unidentified spokeswoman. In other words, customers looking for an AT&T iPhone have to sign up for an...
One of the wonderful things about taking a closer look at retail is the discovery of an inventory of accepted facts that seem to have been invented out of whole cloth and voted into reality by a republic of journalists quoting each other. Get the...
Following its $50 million – $60 million acquisition by competitor Zomato, the Urbanspoon app is officially being shuttered. 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...
The “year of mobile” in commerce and payments has been coming/happening/about to ignite for as long as PYMNTS has been in virtual print. And while it would be ridiculous to say that mobile commerce has not made significant progress in the last half decade, it...
It seems team Amazon has decided to offer Pinterest some of the sincerest form of flattery, since its new service Stream builds on the “pin it” experience to offer Web shoppers an infinitude of products to browse. Get the Full Story Complete the form to...
