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Stripe Secures $600M in New Funding, Boosts Value to $95B

Retail TouchPoints

Online payment processing company Stripe has raised $600 million in Series H funding, nearly tripling its valuation in under a year to $95 billion , according to data from Pitchbook. We’re investing in the infrastructure that will power internet commerce in 2030 and beyond,” said Dhivya Suryadevara, CFO of Stripe in a statement.

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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

As a result, the luxury market’s base expanded to approximately 400 million consumers in 2022 and is expected to reach 500 million by 2030, Bain & Company revealed — and the expansion goes far beyond the aspirational promise. Members can book watches in advance and choose payment methods such as interest-free installments.

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eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

between 2021 and 2030. Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. Also, processors like Paypal now have crypto gateways accepting many different coins. There are a multitude of bots and plugins that integrate with many different payment platforms. .

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Neiman Marcus Group Takes Stake in Reseller Fashionphile, Adds Sustainability Partnerships

Retail TouchPoints

Customer who sell their luxury products to Fashionphile have the option of receiving payment in the form of a Neiman Marcus gift card and receive a 10% discount on the gift card value. Now, NMG has acquired a minority stake in Fashionphile and plans to open Fashionphile Selling Studios in an additional nine stores over the next nine months.

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IoT in Retail: Top 5 Use Cases and Real-Life Examples

Retail TouchPoints

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. from 2023 to 2030. According to Grand View Research , the global IoT retail market was valued at $42.38 based software development company.

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Resellers vs. Retailers: How to Handle the Bot Problem

Retail TouchPoints

To put this into perspective, Cowen Equity Research has predicted that the sneaker resale market will be worth $30 billion globally by 2030. In severe cases, bot activity can have an effect akin to that of a distributed denial-of-service (DDoS) attack, slowing down or even taking down websites, resulting in an immediate loss of revenue.

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5 Things for Apparel Brands to Know About the Circular Economy

ESW

Based on its current trajectory, the clothing industry’s global emissions are predicted to grow by 50% by 2030 — a rate that is completely unsustainable for the future of our planet. In 2022, circular economy revenue totaled US$338.88 In India, textile manufacturers are required to have zero-discharge plants by 2030.

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