DoorDash Raising $400M On $16B Valuation
DoorDash Raising $400M On $16B Valuation
June 18, 2020  |  Investments

DoorDash said it is raising roughly $400 million in Series H financing led by new investors Fidelity Management & Research Co. as well as Durable...

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InComm Initiative Connects Seniors With Rides To Doctors
InComm Initiative Connects Seniors With Rides To Doctors
June 18, 2020  |  Healthcare

Payments technology company InComm is expanding its offerings in the OTC benefits card business to include transportation for seniors needing a ride to the doctor’s...

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Coalition Including Ripple, GoPay Launches Universal PayID
Coalition Including Ripple, GoPay Launches Universal PayID
June 18, 2020  |  Payments Innovation

More than 40 different FinTechs, digital currency companies and nonprofits are teaming up to launch a universal payment ID in a bid to make transferring...

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Uber’s SaaS Push Shows Flexibility Of Platform Model
Uber’s SaaS Push Shows Flexibility Of Platform Model
June 18, 2020  |  Ridesharing

Pandemics and economic slumps put business models to the test — and the most flexible business models may stand the best chance of rebounding most...

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Wirecard Delays Annual Report After Auditors Can’t Confirm $2.1B In Cash Exists
Wirecard Delays Annual Report After Auditors Can’t Confirm $2.1B In Cash Exists
June 18, 2020  |  Security & Fraud

Wirecard has postponed publication of its 2019 annual report after disclosing that its auditor can’t confirm the existence $2.1 billion in trust accounts — or...

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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic
Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic
June 18, 2020  |  Retail

Designer Brands Inc. reported that net sales plunged by 44.7 percent to $482.8 million in the first quarter of fiscal year 2020, compared to the same...

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1-800-Flowers Doubles Financial Guidance
1-800-Flowers Doubles Financial Guidance
June 18, 2020  |  Retail

With Mother’s Day solidly in its pocket, 1-800-Flowers adjusted its sales projections upward Thursday (June 18) as the gift and flower eCommerce company saw record...

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The Future Of Buy Now, Pay Later And eCommerce In Retail
The Future Of Buy Now, Pay Later And eCommerce In Retail
June 18, 2020  |  Today In Data

Consumers want to invest in high-end items and home improvement projects to enhance their surroundings even amid economic concerns. This desire has led to increasing...

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