PYMNTS

OCTOBER 30, 2020

India and Brazil, with focuses ranging from business banking technology to food and grocery B2B eCommerce. PYMNTS rounds up the latest investments below. million in Series A funding, The Economic Times of India said this week. Also based in India is Jumbotail , a B2B eCommerce platform focused on the food and grocery arena.

B2B 64

B2B eCommerce Banking Startups 64

PYMNTS

SEPTEMBER 16, 2016

ECommerce sales were better than expected in Q2 but dipped in the third quarter, according to Internet Retailer. Matthew Shay, president and CEO of the NRF, cited easing wage stagnation, increasing employment and consumer confidence as factors influencing eCommerce growth. Earlier projections had predicted slower growth for 2016.

eCommerce 62

eCommerce Retail Forecasting Sales 62

PYMNTS

MAY 22, 2019

We continue to see a healthy economic backdrop for our business,” CEO Brian Cornell said, noting that Target is “well-positioned to deliver strong financial performance in 2019 and beyond.”. Online sales now represent 7.1 percent of the retailer’s total sales, up from 5.2 percent a year ago. “We

eCommerce 75

eCommerce Sales Economics Retail 75

PYMNTS

SEPTEMBER 18, 2020

But getting funds settled more quickly into their accounts can make all the difference in giving them the cash cushions they need to expand, weather economic shocks and even get their suppliers paid in a timely manner.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

NOVEMBER 17, 2020

Compared to their direct-to-consumer (D2C) counterparts, the heavy-lifting, hardworking B2B businesses of the world have always been chided for being a few clicks behind when it comes to embracing and investing in payments technology. The benefit of COVID is that it's pushing the industry five years ahead in just a few months,” she said.

B2B 108

B2B Invoicing eCommerce Securities 108

PYMNTS

SEPTEMBER 4, 2019

Since 1992, when eCommerce was still in its infancy, online retailers have not had to collect sales tax. In fact, the 75 largest online retail marketplaces in the world were responsible for nearly half of all global eCommerce sales in 2017. that would surpass any thresholds for being exempted from economic nexus taxes.

Sales 51

Sales eCommerce Compliance Economics 51

CFO News

FEBRUARY 27, 2024

India is Ikea's top investment priority market due to its economic growth and development. The company plans to tap into the growing furniture market, expand its ecommerce services, and open more stores. Ikea is in dialogue with the Indian government to set quality standards for its products.

Investments 52

Investments Marketing eCommerce Economics 52

PYMNTS

NOVEMBER 20, 2019

As the year winds down – and holiday shopping picks up – clarity is emerging about which retail investments might pay off in the new decade, and which merchants might be in trouble. Even so, some of the most recent earnings from the retail sector indicate that some investments in emerging areas of commerce are paying off.

Retail 54

Retail Investments Profit and Loss eCommerce 54

PYMNTS

JUNE 11, 2020

The pandemic-driven digital shift means that eCommerce buyers will need some help assembling their purchases. has catered to the eCommerce boom similarly to how TaskRabbit helps consumers assemble furniture and other home goods. Now, Banhidy and his team have generated demand from top auto manufacturers and retailers, leading to a $4.5

eCommerce 56

eCommerce Manufacturing Education Retail 56

PYMNTS

JUNE 10, 2019

Because of its reputation as a stable political and economic area, as well as a regulatory environment that’s favorable to outsiders, many foreign companies have chosen Luxembourg as an entry point into Europe. According to a report , the Chinese startup PingPong, a FinTech company, will invest €100 million ($113 million) in Luxembourg.

Investments 46

Investments eCommerce Startups Securities 46

PYMNTS

JANUARY 28, 2019

Snapdeal, the Indian eCommerce company, is backing India’s new eCommerce rules that will hurt Amazon.com and Walmart, saying in a letter to the federal government that protests over the new legislation underscore just how necessary is is. Reuters , citing the letter Snapdeal penned on Jan.

eCommerce 46

eCommerce Compliance Manufacturing Forecasting 46

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. The company puts a twist on the traditional eCommerce playbook by offering a social aspect – shoppers who team up with friends or family can get discounts by making group orders.

eCommerce 53

eCommerce Profit and Loss Securities Entertainment 53

PYMNTS

MARCH 10, 2017

The eCommerce company is reportedly seeking approval from India’s Trade Ministry to invest about $500 million in a grocery venture within the country. We are excited by the government’s continued efforts to encourage foreign direct investment (FDI) in India for a stronger food supply chain,” an Amazon spokeswoman said. “We

Investments 46

Investments eCommerce Retail Sales 46

PYMNTS

APRIL 22, 2019

eBay is reportedly in talks to lead an investment in Paytm Mall in an effort to branch into offline-to-online commerce in India. According to a report in the Economic Times , citing two people aware of the deal, eBay is expected to lead an investment of $160 million to $170 million, with the deal slated to be announced in May.

Investments 43

Investments eCommerce Economics Retail 43

PYMNTS

SEPTEMBER 5, 2018

B2B eCommerce platform Udaan has caught the attention of investors to the tune of $225 million , marking what reports on Tuesday (Sept. According to The Economic Times , Udaan hit the $1 billion valuation mark after 26 months. Udaan confirmed the investment in a tweet on Tuesday.

B2B 40

B2B eCommerce Valuation B2C 40

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.

Startups 92

Startups Investments eCommerce Economics 92

PYMNTS

SEPTEMBER 15, 2020

Private equity firm Silver Lake is leading a group in a $650 billion investment in buy now, pay later (BNPL) provider Klarna , The Wall Street Journal (WSJ) reported. The investment will value the company at $10.65 The investment will value the company at $10.65 billion in 2019. billion in 2019.

Valuation 82

Valuation Investments eCommerce Economics 82

PYMNTS

OCTOBER 31, 2016

Both countries are growing economically and are key to how we will support the global supply chain going forward.” “Our marketplace includes thousands of suppliers based in Australia and New Zealand. ” Tradeshift noted that Australia hasn’t endured a recession for a quarter century.

B2B 66

B2B Investments Compliance Economics 66

PYMNTS

SEPTEMBER 18, 2020

As it aims to develop an online shopping portfolio, Boosted Commerce said it has notched $87 million in investment and has purchased six Amazon fulfillment (FBA) firms. The company intends to "acquire and develop" 100 online shopping consumer packaged brands in the four years to come, according to an announcement.

eCommerce 85

eCommerce Leverage Economics Sales 85

PYMNTS

OCTOBER 22, 2020

The company, based in Oakland, California, is one of the growing numbers of eCommerce sites trafficking in used goods, competing with old stalwarts like Salvation Army Thrift Stores. Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S., Bloomberg reports.

Retail 89

Retail eCommerce Economics Sales 89

PYMNTS

DECEMBER 19, 2019

Ant Financial is a FinTech affiliate of the eCommerce company Alibaba Group Holding Ltd, Reuters reported. While the fast growth of Vietnam has brought in large technology firms, Chinese companies have to operate with caution, as tensions can kindle anti-Chinese sentiment in spite of the deep economic bonds linking the nations.

Investments 40

Investments Valuation Startups Economics 40

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 Banking Finance 74

PYMNTS

JUNE 18, 2020

Consumers want to invest in high-end items and home improvement projects to enhance their surroundings even amid economic concerns. This desire has led to increasing interest in buy now, pay later (BNPL) options for shoppers and merchants. And the dramatic consumer shift to Digital 3.0 All this, Today in Data.

Retail 52

Retail eCommerce Economics Sales 52

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. “Alibaba is very keen on coming to India in a very big way, particularly in the eCommerce sector,” a senior government official told The Economic Times.

eCommerce 40

eCommerce Communication Leverage Startups 40

PYMNTS

AUGUST 21, 2020

The economic slowdown’s effects are widespread and reverberating across America, but what is needed to help small and mid-sized businesses (SMBs) stem the tide of lost sales and, ultimately, to survive the pandemic? percent of SMBs believe they are at risk of closing before the COVID-19 pandemic and its economic impacts end, with 25.8

Economics 57

Economics Manufacturing Banking Investments 57

PYMNTS

DECEMBER 9, 2016

The city is ranked within the top 20 of Europe’s best performing financial centers and ranked fiftieth worldwide for its economic performance. Notable sectors in Glasgow include FinTech, eCommerce and marketplace, social networks and enterprise software, and cloud computing. representing 12 percent of the annual 97,000 graduates.

Treasury 79

Treasury Startups Economics eCommerce 79

PYMNTS

NOVEMBER 30, 2020

A strong surge in consumer spending on retail is likely to be the main economic driver in China as the country recovers from the effects of the pandemic, the Financial Times (FT) reported. Tourism, for instance, is much further away from a full recovery than eCommerce is, FT reported. billion in orders.

eCommerce 70

eCommerce Forecasting Retail Economics 70

PYMNTS

FEBRUARY 26, 2020

Much of the transition from physical to digital — and the leap into eCommerce — comes down to fulfillment. As noted in this space, upon the announcement of the Fabric investment on Tuesday (Feb. There’s especially a need to realize better economics on eCommerce sales in the grocery category, noted Pescatello.

eCommerce 65

eCommerce Retail Investments Sales 65

PYMNTS

MAY 19, 2020

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. percent, and the areas where the company showed strength and invested the most energy to change offer clue as to how U.S. Here’s what you missed.

Mergers and Acquisitions (M&A) 84

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

PYMNTS

OCTOBER 12, 2020

Retailo , the Riyadh-based B2B eCommerce startup, has announced $2.3 The MENAP region has a significant opportunity to increase its economic prosperity by unlocking the productivity delta that exists between the region and global benchmarks," they said in a statement.

Benchmarking 99

Benchmarking Management Consulting Startups B2B 99

PYMNTS

SEPTEMBER 16, 2020

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. Some instead are now looking to host popups to gain brand awareness while avoiding major real estate investments.

eCommerce 87

eCommerce Leverage Investments Economics 87

PYMNTS

JULY 24, 2020

Venture capital is no guarantee in times of market volatility, but this week’s B2B venture capital breakdown finds several companies managing to secure millions for solutions that enable B2B eCommerce, financial management and alternative lending. PYMNTS breaks down the latest investments below. With an $8.33

B2B 64

B2B Investments Startups eCommerce 64

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

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

NOVEMBER 2, 2020

We note that manufacturing is not the economic driver it once was, as it is responsible for roughly 11 percent of the U.S. The trends indicate that businesses are investing in equipment and inventory that is needed to support future growth. Confidence, of course, leads to investments in property, plant and equipment.

Manufacturing 81

Manufacturing Construction Transportation Investments 81

PYMNTS

AUGUST 12, 2020

It may seem incongruous that a nation as economically (and technologically) developed as Germany, would bank so literally on cash. Statista noted in forecasts adjusted to reflect the impact of the pandemic that overall revenues from eCommerce to be the equivalent of USD $87 billion, up 18 percent from the year before.

Startups 88

Startups eCommerce Forecasting Banking 88

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