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PayPal is launching a new platform for online businesses to manage cross-border shipments between Canada and the US.
“A strong online presence should be at the heart of any business that wants to continue growing and remain competitive.”
The price is described as an initial cash offering of £16 million, with a possible further payout due if City Pantry achieves agreed operational and financial targets over the next three years.
The online retailer said it will invest in a set of new “upskilling” programs for employees from all backgrounds and Amazon locations.
“[Legacy players are] who we compete with for business, they’ve got these deep, rich inventory tools. None of the cloud players have that except for us,” he stated.
Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles.
The company did not disclose how much it raised, beyond saying the amount ran into double-digit millions (US dollars) and that the round was oversubscribed.
A new option in some cities lets you order your food ahead of time, go to the restaurant, then sit down inside to eat.
Founder and CEO Stuart Wall said the capital infusion will enable Signpost to scale its footprint and “extend its leadership.”
A recent poll found that people think next-gen payment systems make them look ugly.