Flywire Raises 100M in Series D Funding Led by Temasek

Flywire Raises 100M in Series D Funding Led by Temasek

Flywire secured $100 million in Series D funding led by Temasek to accelerate its global expansion and enhance local payment capabilities. Having processed over $8 billion in payments, Flywire empowers businesses with seamless cross-border payment solutions. The investment will further fuel the company's growth and innovation in the fintech space, solidifying its position as a leading provider of international payment services. This funding round underscores the growing demand for efficient and reliable cross-border payment solutions in today's globalized economy.

AI and Social Media to Drive Business Growth in 2026

AI and Social Media to Drive Business Growth in 2026

Orange Frost Community will host an AI & Self-Media Maker Exchange on February 1, 2026, focusing on how AI and self-media can empower business growth. The event features industry experts Deng Haibo and Yi Lin, who will share AI empowerment solutions for SMEs and the latest self-media trends. This event is ideal for AI enthusiasts, investment institutions, tech media, and entrepreneurs seeking AI empowerment for their businesses. The goal is to help companies leverage AI and self-media to achieve business growth and explore new opportunities.

Smart Speaker Demand Grows in US and EU Ecommerce Markets

Smart Speaker Demand Grows in US and EU Ecommerce Markets

Strong demand for smart speakers in European and American markets presents opportunities for Chinese cross-border e-commerce. Integrating with Google Home and Amazon Echo ecosystems can effectively facilitate overseas market expansion. Operations should focus on content quality, interaction experience, and user privacy, while strictly adhering to local laws and regulations to ensure compliance.

Chicago Emerges As Key Hub in Global Supply Chain Shift

Chicago Emerges As Key Hub in Global Supply Chain Shift

Chicago leverages its advantageous geography, railway infrastructure, and existing infrastructure to be the busiest inland port and the second-largest logistics market in the United States. The growth of e-commerce further solidifies its position as a key supply chain hub. Its central location allows for efficient distribution across the country, making it a critical node for both domestic and international trade. The city's robust transportation network supports a wide range of industries, ensuring seamless movement of goods and materials.

Global Brands Urged to Address Child Labor in Supply Chains

Global Brands Urged to Address Child Labor in Supply Chains

A Standard Bank Economist Intelligence Unit report reveals that only 22% of companies address child labor in their supply chains, highlighting a lack of corporate social responsibility. The report identifies key priorities and blind spots in corporate action, emphasizing that poverty, lack of education, and weak regulation are the root causes of child labor. It recommends that companies strengthen supply chain due diligence, establish transparent systems, and support educational development. The report calls for collaborative efforts to build a fair and sustainable global economy.

Judge Overturns 80 Million Penalty in Walmart Truck Driver Lawsuit

Judge Overturns 80 Million Penalty in Walmart Truck Driver Lawsuit

A federal judge dismissed an $80 million penalty against Walmart in a minimum wage lawsuit involving truck drivers. The case highlights the ongoing debate surrounding driver classification in the logistics industry, with companies like Amazon and Swift facing similar challenges. The independent contractor model presents both advantages and disadvantages. The industry needs reform, including clear driver classification standards, improved income, better benefits, stronger regulation, and technological innovation, to achieve a fairer balance.

Port of Oakland Cuts Diesel Emissions in Decadelong Green Initiative

Port of Oakland Cuts Diesel Emissions in Decadelong Green Initiative

The Port of Auckland has successfully reduced diesel emissions by 76% over the past decade. This was achieved through measures such as replacing older trucks, requiring ships to use cleaner fuels, and electrifying refrigerated containers, significantly improving air quality. Their success lies in setting clear goals, long-term planning, continuous improvement, and the active participation of stakeholders. This provides valuable lessons for the sustainable development of other ports, demonstrating the impact of focused environmental initiatives.

APICS Program Develops Future Supply Chain Leaders Starting in Schools

APICS Program Develops Future Supply Chain Leaders Starting in Schools

APICS launches a K-12 supply chain STEM education program to cultivate students' interest in supply chain from a young age and address future talent shortages. This initiative, in collaboration with companies like Intel and leading universities, uses engaging and entertaining methods to spark students' enthusiasm for supply chain management, injecting new vitality into the industry. A call to action is extended to all parties to participate and jointly build the future of the supply chain.

Hightech Logistics Firms Face Modern Slavery Risks in Supply Chains

Hightech Logistics Firms Face Modern Slavery Risks in Supply Chains

Forced labor risks exist within high-tech logistics supply chains. Companies need to improve supply chain management, strengthen communication, and implement ethical recruitment practices. Multi-stakeholder participation and oversight are crucial to achieving a sustainable supply chain. Addressing these risks requires proactive measures and collaboration to ensure ethical sourcing and responsible business operations. Companies must prioritize transparency and accountability throughout their supply chains to mitigate the potential for forced labor and promote corporate social responsibility.

US Retail Sales Surge in September Amid Hurricane Holiday Demand

US Retail Sales Surge in September Amid Hurricane Holiday Demand

September retail sales data showed strong performance, with both the U.S. Department of Commerce and NRF reporting year-over-year growth. While hurricanes had some impact, increased sales of building materials offset some of the negative effects. The NRF forecasts continued growth in holiday retail sales, driven by omnichannel integration and consumer confidence. The retail industry is undergoing a transformation, requiring a focus on personalization, convenience, and engagement. Retailers need to adapt to evolving consumer expectations to thrive in the current market.