Digital insurance player Lemonade reported better-than-expected results on Tuesday (Mar. 2), but failed to impress the market with its outlook on the coming year. The mobile insurance firm nonetheless went into its earnings call with analysts enthusiastic about the progress the firm has made in...
Installment payment platform Sezzle on Friday (Feb. 26) reported record results for 2020, with underlying merchant sales (UMS) up 250.8 percent and total income up 272.1 percent year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
With more players, in more states, placing more online sports bets than ever, DraftKings closed the books on a record fourth quarter and full year Friday (Feb. 26), while raising expectations for 2021 and predicting it could do $1 billion in revenue. Get the Full...
Carvana, the fastest growing and second largest seller of used cars in the country, said Thursday (Feb. 25) it set several sales and profitability records for the fourth quarter and full year but posted a larger than expected loss from rapid expansion as it tries...
Reflecting the travel industry’s pandemic-led decline, Airbnb held its first earnings call as a public company on Thursday (Feb. 25) reporting a respectable revenue line, outweighed by a huge loss. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Etsy offered stronger-than-expected results when its earnings went public just after the market closed Thursday (Feb. 25) with earnings and revenue both clocking in well above analyst expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In its first earnings release since going public, DoorDash reported $970 million for its fourth quarter on Thursday (Feb. 25), a 226 percent increase from the company’s $298 million in 2019. However, despite this dramatic revenue growth, the company’s losses also increased more than twofold...
The digital shift has been firmly cemented in the wake of the pandemic, and merchants are meeting the challenge by meeting consumers where they want to shop — across brick-and-mortar and online channels. Get the Full Story Complete the form to unlock this article and...
The year 2020 was, to put it mildly, a difficult one for nearly all travel industry players, as consumers’ enthusiasm for travel bottomed out in response to the global health crisis. But there were some exceptions, as home-sharing juggernaut Airbnb has demonstrated. In a new...
