News

Ridesharing
Uber CEO Says Firm Leads In Race To Ridesharing Profitability
January 22, 2020

Uber CEO Dara Khosrowshahi said his company has the best chance of being profitable out of all of the ride-hailing competitors out there, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

International
Jumia Counting On Services To Rebound From 70 Pct. Shares Drop
January 22, 2020

African unicorn Jumia, the first technology startup in Africa to list on the New York Stock Exchange (NYSE), is focused on becoming profitable after a troubling 2019, according to a Reuters report on Wednesday (Jan. 22). Get the Full Story Complete the form to unlock this article...

IPO
Study: Tech Unicorns Overvalued By Nearly 50 Percent
January 22, 2020

Price is what you pay, value is what you get. 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...

International
Eurazeo Taps Citi, Evercore To Unload Planet Payments Unit
January 22, 2020

French buyout fund Eurazeo has enlisted the help of Citigroup and Evercore to sell its payments enterprise Planet, Reuters reported on Wednesday (Jan. 22), citing three sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Building The Beard Trend Into A Successful eCommerce Portal 
January 22, 2020

After several decades out of favor, with the dawning of the 21st century and especially in the 2010s, beards began to make a big comeback. Big enough, in fact, that razor makers have been reporting declining sales in the last several years, citing (among other...

Retail
How The DTC Model Is Gaining An Edge In Commerce
January 22, 2020

Don’t call it a makeover, not yet. But direct-to-consumer (DTC) retail is undergoing some significant changes, which could help strengthen DTC activities for years to come. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Retail
Delivering Caffeinated Innovation Through eCommerce
January 22, 2020

To help power through the workday, many consumers need a morning cup of coffee—or two, or three. But they often don’t a moment to brew their own beverages at home, and instead divert their time grabbing a cup of java at a café on the...

Retail
Apple’s Budget-Friendly iPhone To Start Production Next Month
January 22, 2020

As the company seeks to fill a broader portion of the worldwide smartphone market before its 5G phones later in 2020, Apple Inc. suppliers reportedly intend to start putting together a new low-cost iPhone next month. The technology firm is forecast to unveil the phone...

Retail
GM Cruise Introduces Origin Self-Driving Vehicle
January 22, 2020

After delaying the rollout of a public self-driving vehicle service six months ago, Cruise, a majority-owned General Motors subsidiary, introduced its first vehicle designed to function without a driver inside at an event in California. Dubbed Origin, the driverless electric shuttle does not possess manual...