Installment payment platforms Splitit and AliExpress are bringing their “Pay After Delivery” offering to the United States. The service, already offered throughout Europe, lets consumers pay for goods after delivery using a “custom-branded experience embedded in the AliExpress checkout flow,” the companies said in a news release Monday (Sept. 11)....
China’s Alibaba Group says the head of its cloud unit — and ex-CEO — will resign. A report Sunday (Sept. 10) by Reuters notes that the departure of Daniel Zhang is a surprise, as he had left his role as the company’s chairman and CEO...
As direct-to-consumer (D2C) coffee brands look to capture the loyalty of Generation Z, Chamberlain Coffee is finding that the more work they remove from the brewing process, the more these young consumers will keep coming back. In an interview with PYMNTS, Liz Ahern, chief marketing officer of the...
As DoorDash pushes to grow its share of online grocery, Tony Xu, CEO of the San Francisco-based aggregator, is reportedly casting doubt on Instacart in the leadup to the rival’s planned initial public offering (IPO). According to Barron’s, Xu said Tuesday (Sep. 5) at Goldman...
Amid a seemingly overwhelming array of nutrition bar options in stores and via direct-to-consumer (D2C) channels, Mosh is touting brain benefits in an effort to win customers in the highly competitive space. In an interview with PYMNTS, Patrick Schwarzenegger, CEO of the snack brand, which...
New York-based eCommerce company Benitago has reportedly filed for bankruptcy. The firm is seeking protection from creditors two years after raising $325 million in funding, The Wall Street Journal (WSJ) reported Thursday (Aug. 31). It listed both assets and liabilities of between $50 million and $100 million. Benitago did...
When Patagonia exited the business of creating company swag, it was almost as if it was the end of an era of the unofficial uniform for finance bros everywhere. However, despite Patagonia’s involvement, the company swag often lacked appeal. These items felt mass-produced and lacked uniqueness. This...
As more consumers seek out the quick convenience of online grocery, merchants are turning to the pickup channel to meet this demand without bearing the high cost of delivery. Take, for instance, Netherlands-based multinational grocer Ahold Delhaize, which shared on its second-quarter 2023 earnings call that the company’s...
While true coffee aficionados may know exactly what they are looking for on eCommerce platforms, Talitha Coffee notes, the average consumer may find the range of options confusing, and by being more hands-on, brands can help ease the pathway to purchase. The mission-focused brand recently...
