Investors were dropping Etsy stock like it was hot yesterday (May 11) afternoon following analysts’ warnings that as many as 2 million goods for sale on the arts and crafts marketplace are either fakes or violating trademarking laws. If that figure is correct, it would represent...
When it comes to offering the lowest prices online, Jet.com might be poised to bring Amazon down to earth. 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...
Despite its position at the top of many Web searches, review site Yelp is exploring a sale as it continues to struggle to expand its user base and advertiser pool. In fact, Yelp’s struggles have been numerous of late – apart from sluggish user and...
Every consumer has faced it. 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. By completing this form, you agree to receive...
Silicon Valley’s unicorn herd has just welcomed its newest member. Warby Parker has just finished off a $100 million Series D round that leaves the five-year-old startup with a valuation of $1.2 billion, reported The Wall Street Journal. The funding round was led by T. Rowe...
Three heavy hitters in the payment-card industry are trying to smooth the path for small merchants to support EMV chip cards by launching an education and pre-qualification program for the companies that provide their card processing connections. Get the Full Story Complete the form to...
A popular WordPress plug-in that provides eCommerce capabilities for thousands of websites has several high-risk vulnerabilities — and they’re not expected to be fixed, the IDG News Service reported on Thursday (April 30). Get the Full Story Complete the form to unlock this article and...
Here’s how serious the doubts are among payment-systems professionals about EMV and mobile payments: 68 percent of them say pressure to migrate to new payment systems puts customer data at greater risk instead of making it safer, according to a new survey by Experian and...
Taking a cue from the ancient wisdom that says the enemy of my enemy is my friend, Chinese eCommerce mega-player Alibaba was an investor in Jet.com’s $140 million funding round in February, which was led by Bain Capital, according to Forbes. Get the Full Story...
