Amazon plans $3bn India quick-commerce push, Reuters reports
Amazon's quick-commerce investment in India could reach $3bn by 2030, Reuters reports, as the retailer chases rivals holding most of the market.
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Next Bonuses Profit Expectations Amid Colder Weather Boost
Next has seen a significant uptick in sales, attributed largely to an early onset of cold weather. This positive trend has prompted the retailer to elevate its profit forecast for…
Miros Secures €6M for Advanced Visual AI to Transform E-Commerce
In the rapidly evolving digital marketplace, finding the perfect product can be challenging. Miros, a leader in visual AI, aims to simplify this process. By securing €6 million in funding,…
Capital One and Worldpay Team Up to Tackle Payment Fraud
Capital One and Worldpay have partnered to enhance fraud detection and reduce false payment declines.The collaboration involves data sharing to improve real-time transaction decisions.Worldpay utilises its FraudSight platform to work…
Unified LatAm Payment System Launched by Santander’s Getnet
Getnet, a division of Banco Santander, has launched a new unified e-commerce payment system across Latin America.The system, Getnet SEP, simplifies payments in Brazil, Argentina, Mexico, and Chile through a…
Cross-Border Payments A Major Transformation Ahead
The cross-border payments sector is on the brink of a major transformation driven by regulatory bodies and financial institutions eager to modernise existing systems.Annual growth of cross-border payment flows is…
ProCook’s Steady Growth in E-commerce and Retail Sectors
ProCook reports impressive financial performance for the fifth consecutive quarter.The kitchenware retailer achieves a revenue increase of 8.8% to £17 million.E-commerce leads growth with a 12% surge, outperforming retail's 7.1%.Analysts…
Strategic Acquisition InPost Gains Full Control of Menzies
In a significant move, InPost has fully acquired Menzies Distribution Limited to bolster its UK operations.The £60.4 million deal grants InPost full control of Menzies' express and newstrade operations.Menzies Distribution…
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