Coupang Inc., the South Korean online retailer known for its early and one-day delivery, posted its fourth consecutive quarterly profit, driven by efficiencies in logistics and membership programs that bolstered margins. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Less than a month after restaurant point of sale (POS) provider Toast rolled back its decision to add a $0.99 fee for consumers on online orders of $10 or more, company executives have reiterated — following similar remarks in a July 19 statement — that adding the controversial order processing...
The Honest Company, founded by movie star Jessica Alba, posted its second-quarter results Wednesday (Aug. 8), which showed a revenue bump from recent retail distribution deals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Health technology company and insurance platform Oscar Health announced “strong” second quarter 2023 earnings on Tuesday (Aug. 8), telling investors that its growth strategy for 2024 will focus on leveraging its provider partnerships to expand into more rural areas. Get the Full Story Complete the form to...
Artificial intelligence (AI) lending platform Upstart has reached a record percentage of automated unsecured loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
Direct-to-consumer (D2C) clothing and footwear retailer Allbirds on Tuesday (Aug. 8) posted “better-than-expected” second quarter earnings, amid decreases in average selling prices, currency exchange headwinds and an overall challenging macroeconomic environment. This comes as the San Francisco-based footwear brand continues to focus on transforming its business...
Paymentus added bookings and clients from multiple industries for its cloud-based bill payment solutions during the second quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
DraftKings posted second-quarter earnings results that showed increased presence within the online betting space, a boost in average users and gains in revenues per user. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
