Clover Health said Friday (Feb. 5) it would cooperate with the Securities and Exchange Commission (SEC) on an investigation prompted by a scathing report on Clover Health’s actions as it went public last month, CNBC reported. Get the Full Story Complete the form to unlock...
Luckin Coffee, which saw two of its top executives fired last year for mismanagement, said it has filed for Chapter 15 bankruptcy protection in the U.S. so it can move forward with its restructuring efforts. Get the Full Story Complete the form to unlock this...
Shares of GameStop and other stocks rose after Robinhood removed trading restrictions on Friday (Feb. 5), Reuters reported. GameStop escalated 8.4 percent in U.S. pre-market trading. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Lockdowns create fairly optimal conditions for social media platforms from a user engagement point of view, as consumers who can’t go out to see their friends and family are far more likely to log on to do so. Pinterest estimates that it picked up an...
Didi Chuxing, China’s ridesharing giant, is pondering a move to raise $4 billion to meet the surging demand for group-buying delivery services, Bloomberg reported on Friday (Feb. 5), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
New research from PYMNTS into seven key retail categories where Amazon and Walmart compete shows the online giant is closing in on its rival’s lead in auto parts, one of the last segments where Walmart still enjoys a lead — other than food, where it...
PriceSmart, Inc. said on Friday (Feb. 5) that net merchandise sales climbed 5.2 percent to reach $267.1 million for the month of January 2021, up from $254 million in January 2020, according to an announcement. Get the Full Story Complete the form to unlock this...
PayPal operations in India are drawing to a close as the company makes plans to exit the domestic payments market in the country, according to an Economic Times report on Friday (Feb. 5). Get the Full Story Complete the form to unlock this article and...
Though a diligent financial strategy is essential for companies across verticals during times of economic volatility, certain industries have been more exposed to the market fluctuations resulting from the coronavirus crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
