As Lyft drove innovation with enhancements to the technology that powers its platform, the ride-hailing company reported that its active riders grew 23 percent year over year to a record 22.9 million in the fourth quarter, compared to 18.6 million in Q4 of 2018. The firm also reported...
OnDeck fell short of expectations with its fourth-quarter earnings report on Tuesday (Feb. 11), and the financial services firm registered a decrease in loan origination volume. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
For Uber, black ink on the road ahead? 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. By completing this form, you...
As it reaped the benefits of its digital investments, Dunkin’ Brands added 146 net new Dunkin’ and Baskin-Robbins locations around the world in Q4, with the inclusion of 76 net new Dunkin’ locations in the U.S. Get the Full Story Complete the form to unlock this article...
The year 2020 is off to a rocky start for food delivery platform Grubhub. Shortly after the new year began, rumors started circulating that Grubhub — facing increasingly stiff competition in a crowded food delivery service market — was actively seeking a buyer, as it...
Shares in fitness company Peloton dived 12 percent after the company posted a disappointing earnings report that showed widening losses, according to a report Wednesday (Feb.6) by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Despite showing strength in several measures — revenue and Q1 forecasts beat pre-release estimates, Snap showed notable growth in its active user base, Discover video content platform and advertising revenue and relationships — Snap Inc. missed investor expectations for revenue and its stock price suffered. Get...
Fiserv reported Q4 earnings results that — in the wake of its First Data acquisition — showed progress on realizing revenue synergies, as well as strong growth in Clover. However, the firm posted adjusted earnings of $1.13, which just missed consensus of $1.14. The adjusted revenue was $3.7 billion,...
With a bit more granularity than has been seen in past quarters, Google’s parent Alphabet reported fourth-quarter results that showed continued gains in core search and YouTube businesses, while cloud outpaced the growth rate of those core operations. Get the Full Story Complete the form...
