Thursday, 5 March, 2026
Bolt's parent company sues Forever21, but settles for becoming a shareholder instead
By Basit Ansari
<p>As per a settlement reached by the two sides, a lawsuit brought by one of Bolt's largest clients against the one-click checkout company would be dismissed, the two businesses stated today. ABG's brands Forever 21 and Lucky Brand will be able to use Bolt's one-click checkout services, according to the joint statement, "while we evaluate the possibilities of expanding Bolt's technology to more portfolio brands in the coming months."</p>
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