(source: en.wikipedia.org)
Latin American (LATAM) eCommerce marketplace operator and payments platform MercadoLibre released stellar Q4 2020 financials this week, underscoring the sizzle and scale of online marketplaces now serving as the “digital front door” through which people in developed and developing regions are accessing desirable new digital-first...
MercadoLibre said that net revenues rose to $1.3 billion — in U.S. dollars, up nearly double from the same quarter a year ago. However, the company posted a net loss of $50.6 million, resulting in net loss per share of $1.02. Get the Full Story Complete...
Reliance Industries, India’s largest company by market value, is looking to link up with Facebook and Google in a bid to get a digital payments license from the Reserve Bank of India to serve the country’s growing eCommerce market. The move would also include homegrown...
Did you remember to skip the straw yesterday (Feb. 26)? Or eat your pistachios, or write a letter to your grandmother? Did you make your chili on Thursday, or the clam chowder the date so clearly called for? Have you paid your proper respects to...
As it aims to double its yearly revenue and speed up user growth during the next couple of years, Twitter Inc. intends to debut a subscription offering for content creators and will look into implementing tipping, The Wall Street Journal reported. Get the Full Story Complete...
Banks and retailers can work together to create a fully contextual eCommerce experience, with payments as the common thread. As NCR’s Doug Brown, senior vice president and general manager of NCR digital banking, and Marc Haberkorn, corporate vice president of product management, told Karen Webster,...
You don’t have to read tea leaves or master divination to see that social commerce is heating up as a huge payments trend this year. Social commerce combines embedded and contextual payments with relevant content that’s proven to increase sales within a (mostly) seamless CX....
By the numbers, reCommerce has had a split decision in 2020. On one side, the pandemic has hurt companies like The RealReal that have included physical stores in their business models. On the other hand, companies like Poshmark are flying high, ready to IPO and...
From the name of the business to the core use case, San Francisco-based startup Fast knows what it wants to do and does it quickly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
