Friday, 24 March, 2023

Bolt's parent company sues Forever21, but settles for becoming a shareholder instead

<p>As per a settlement reached by the two sides, a lawsuit brought by one of Bolt&#39;s largest clients against the one-click checkout company would be dismissed, the two businesses stated today. ABG&#39;s brands Forever 21 and Lucky Brand will be able to use Bolt&#39;s one-click checkout services, according to the joint statement, &quot;while we evaluate the possibilities of expanding Bolt&#39;s technology to more portfolio brands in the coming months.&quot;</p>