Earnings

Earnings
Grab Users Boost Digital Bank Adoption as Delivery, Ride-Hailing Businesses Recover
February 22, 2024

Singapore’s Grab reported its first-ever quarterly profit on Thursday (Feb. 22). This, despite a cautious outlook for annual sales as its ridesharing and food delivery operations in the “fertile” Southeast Asia market continue to recover from the effects of the COVID-19 pandemic. Get the Full...

Earnings
Nvidia’s Blowout Earnings Cement AI, Accelerated Computing as Foundational Shifts  
February 21, 2024

The recent artificial intelligence (AI) boom is no game for $1.67 trillion chipmaker Nvidia.  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...

Earnings
Walmart eCommerce Sales Gain on Pickup and Delivery, Marketplace Sellers Up 20%
February 20, 2024

Walmart’s latest results show continued momentum in digital commerce and the buildout of its online marketplace. 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...

Earnings
Digital Experience, Trade Credit Mark Home Depot’s B2B Strategy
February 20, 2024

The Home Depot, the world’s largest home improvement retailer, is shrinking its 2024 earnings guidance. 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,...

Earnings
DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
February 16, 2024

For many sports betting companies, the Super Bowl is, well, their Super Bowl. 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....

Earnings
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
February 16, 2024

Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. 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...

Earnings
As Toast Trims Staff and Growth Slows, Subscription Revenues Gain 49%
February 15, 2024

Toast’s latest quarterly earnings were marked by the announcement of a 10% headcount reduction, even as subscription revenues increased but growth across some metrics slowed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
DoorDash Grows Its Retail Presence by Hundreds of Thousands in Three Years
February 15, 2024

As DoorDash looks to grow from a restaurant delivery platform to something more like a super app, the aggregator is expanding its retail offerings by orders of magnitude each year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Mytheresa Focuses on Big Spenders Over Deal Seekers
February 15, 2024

As consumers’ financial pressures continue, luxury eCommerce platform Mytheresa is resisting the trend of catering to those seeking offers and discounts, instead increasing its focus on loose-fisted shoppers with cash to burn. Get the Full Story Complete the form to unlock this article and enjoy...