Square/Afterpay and the Broader BNPL Trend

| Mike O'Brien

BNPL has caught on more broadly in other markets but it’s certainly poised to catch on here. Square’s pending $29b acquisition of Afterpay is certainly a major indicator, as are other deals. What is the significance of Square/Afterpay, and where is BNPL headed? Rob Galtman, a director at Fitch Ratings, gives us his take.

project44 Acquires Convey, Gains Last Mile Strength

| Mike O'Brien

project44 has acquired Convey for $255 million to create an end-to-end supply chain visibility solution, marrying up the latter’s expertise in last mile to complement its focus up the chain in first and middle mile and all modes of freight, in both B2B and direct-to-consumer realms.

Hits of the Week 9-27-21

| David Hurwitz

week of 9/28/21 Amazon Surpasses FedEx in Parcel Volume For the first time, Amazon Logistics surpassed a major carrier in domestic parcel volume, edging out FedEx in 2020, according to … Continue Reading →

Stord Passes $1B Mark, Acquires Network Assets

| Mike O'Brien

Stord, a provider of cloud-based supply chain services, has raised $90 million in a new round, making it a member of the ever-growing unicorn club, and warehouses in Connecticut and Nevada to enhance fast delivery and use the facilities as test beds for its technology. Stord is also hiring across the board to manage 3x growth.

Loyalty Program Provider Clarus Commerce Acquires PrizeLogic

| Mike O'Brien

Premium loyalty program provider Clarus Commerce has acquired PrizeLogic to add rebate and promotion engine and rich first-party customer data as third-party tracking cookies are on the way out and Apple’s new iOS operating system severely limits marketers’ access to user activities. Terms were not disclosed.