News

Ridesharing
Lyft Launches Healthcare Tool For Patients’ Medical Transport
April 15, 2021

Lyft is introducing a program to help ease medical transportation for people without rides, something that previously has been largely a time-consuming, stressful and expensive proposition for patients and providers alike. The traditional process to secure rides to medical providers has been shown to prevent...

Retail
Grocery Roundup: Inflation Falls, Grocers Butt Heads
April 15, 2021

The U.S. vaccination effort is well underway, with 37 percent of the population having received at least one dose, and businesses are starting to see consumer behaviors shift. When it comes to food spending, many consumers are beginning to return to restaurants for on-premises dining,...

eCommerce
Amazon CEO: Amazon’s 200 Million Prime Members Save $630/Year
April 15, 2021

Amazon founder and CEO Jeff Bezos highlighted the rapid growth of the world’s biggest eCommerce retailer in his latest (and last) shareholder letter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

IPO
Is The Blank Check Firm Boom Burning Out?
April 15, 2021

Despite their recent popularity, special-purpose acquisition companies (SPACs) still can’t quite compete with traditional initial public offerings (IPOs). 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...

Social Commerce
Facebook Testing News Feed Features For Business Discovery 
April 15, 2021

Facebook is rolling out a news feed discovery tool to enable users to click on the information that matters to them most and engage with businesses they are interested in knowing more about. The new tool also enables businesses to like and comment on Facebook...

Investments
Brazilian eCommerce Platform Olist Raises $23 Million Led By Goldman Sachs
April 15, 2021

Olist, a Brazilian eCommerce solutions platform backed by SoftBank, has raised $23 million in investments from Goldman Sachs and others, Reuters reported on Thursday (April 15). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

IPO
Self-Driving Truck Startup TuSimple Raises $1.35 Billion In Nasdaq IPO
April 15, 2021

Silicon Valley self-driving truck technology startup TuSimple rang the opening bell on Wall Street Thursday (April 15) after raising $1.35 billion in an initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Delivery
Target To Use Internal Delivery Teams For Faster Shipping
April 15, 2021

Target, looking to speed up its deliveries, will now enlist a team of delivery people rather than just shipping packages through carriers, CNBC reported. The new approach, which has been tested in Target’s hometown of Minneapolis, will focus on three companies the retail giant has...

Banking
Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
April 15, 2021

If there’s one universal theme thus far across bank earnings, across banks large and small, investment banking juggernauts and more retail-oriented firms … it’s that the consumer has remained remarkably resilient. Get the Full Story Complete the form to unlock this article and enjoy unlimited...