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Online Liquidation Enjoys Fresh Growth As More Consumers Embrace Returns

PYMNTS

In fact, opening these Amazon pallets , many of them consisted of customer returns — that is, the live reveal of potential retail treasure — has become a popular genre of YouTube videos, perhaps not surprising in this era of “ Storage Wars.”). More Returns. Investor Attention. And investors have taken notice.

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Andreessen Horowitz’s Returns Not Quite As Good As Their Competitors

PYMNTS

Benchmark, to take another example, has multiplied investors’ money 11 times net of fees in its 2011 fund. Andreessen, since founded, had returns of $1.2 Its 2010 fund is up 5.5 times — mostly based on the very successful exit of WhatsApp. For their part, Andreessen has waved off concerns about its “elite status.”

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Boku Welcomes New CEO Stuart Neal After Momentous 2023

Fintech Finance

He previously served as Boku’s Chief Financial Officer between 2011 and 2014 and again between 2017 and 2019, seeing the company through soaring demand and its IPO. Neal returned to Boku in 2022, where as Chief Business Officer of Boku’s Identity Division, he led the division’s growth and acquisition by Twilio.

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Physical Retail Looks For New Life This Holiday Season

PYMNTS

Returns promise to play a big role in that in the coming weeks. The results of a new survey found that most people — around 77 percent — plan on returning some of their gifts this holiday season, according to reports. About 20 percent of those surveyed said they would probably return upwards of 50 percent of their presents.

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Activist Investor Starboard Mulls ACI As Potential M&A Prey

PYMNTS

Starboard’s conference presentation indicates that over the past five years ACI has returned 37 percent, considerably lower than its peers’ gains of 151 percent. Starboard Value, founded in 2011 and based in Manhattan, has already won 22 board seats this year, including three at data management software maker Commvault Systems, an ACI peer.

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Tesco To Unload Thailand, Malaysia Assets In CP Group Deal

PYMNTS

The move will enable the company to focus on producing shareholder returns and cash from its United Kingdom, Central Europe and Ireland markets, The Wall Street Journal reported. South Korea and Japan, and also relinquished some control of its Chinese operations as of 2011. With an arrangement that values the business at $10.58

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CFPB Has Handled 1 Million Consumer Complaints

PYMNTS

That is the story the CFPB is putting out today — since having been founded in 2011, the Consumer Finance Protection Bureau has handled over one million consumer complaints, a milestone they sailed past earlier this month. Five years in and a million complaints down.

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