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The Connected Economy’s 10 Biggest US IPOs Of 2020

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market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. COVID-19 was actually great news for DoorDash , as government shutdowns and consumer virus fears forced restaurants almost everywhere to eliminate dining in and switch to pickup and delivery. BigCommerce ($1.6

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China Likely To See More P2P Shutdowns This Year

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China’s peer-to-peer (P2P) lending market is headed for more turbulence in 2020 as more of its popular platforms face potentially being shut down as the government tightens regulatory reins. Gansu, Hebei, Hunan, Chongqing and Sichuan were among Chinese provinces ordering a total shutdown of P2P lending in 2019.

P2P 52
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Retailing 2020: Five Things To Watch

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The balance of 2020 will be notable for what Amazon does not do. On March 24, knowing that some kind of government program was being considered, one in four Main Street SMBs didn’t think their businesses would survive the pandemic, and four in 10 said they weren’t sure. For instance, it will not buy JCPenney. The Digital Shift.

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Digital-First Economy Redefines Retail And Consumer Behavior

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The temporary shutdown of physical retail clearly accelerated eCommerce penetration, but the ability to connect to your customers both on and offline means D2C brands are incredibly well-positioned to deepen these relationships even as physical retail [hopefully] gets back to normal.”. percent in Q1 2020, but roughly even since 2016.

Economy 118
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SMBs (And Their Lenders) Rethink Their Financing Strategy

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In addition to navigating forced shutdowns and supply chain disruptions, business owners are now tasked with making some difficult decisions about how to keep their business alive, or whether to throw in the towel. With 2020 such a volatile year, small businesses' financials took a hard hit. Helping SMBs Help Themselves.

Finance 92
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Consumer Morale Up In Major European Economies

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The positive start of the consumer climate in 2020 confirms our assessment that private consumption will continue to be an important pillar of the German economy this year,” Buerkl said. Compare the French shutdown to the economic damage — approximately $11 billion — the United States’ government shutdown caused in early 2019.

Economy 56
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The Commercial Card Embraces A Season Of (Major) Change

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The year 2020 began inconspicuously — but in a few short weeks, everything changed. For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. It’s a shift that will almost certainly continue into the autumn and winter months towards the closure of 2020.