Delivery startup DoorDash is hoping to secure a $400 million credit line ahead of its upcoming IPO, sources told Bloomberg on Thursday (Aug. 8). JPMorgan Chase reportedly will lead the financing, and shares could be offered as early as next year, the sources told Bloomberg....
Uber is testing a plan to move beyond take-out delivery and bring people goods from local retailers like groceries, convenience store items and movie popcorn, The Financial Times reported on Friday (Aug. 9). Get the Full Story Complete the form to unlock this article and...
Kiosks. Intelligent cabinets. Cashless stores. Retailers must embrace automation, as Tim Moran, senior vice president of product and marketing at Worldnet, tells PYMNTS. But certain verticals need finesse rather than a “big bang” approach to automating the customer journey – and maybe a hybrid model that blends...
The good news about the era of marketplaces is that it allows the internet to finally live up to its potential as the store for everything. With few exceptions, no matter what one is looking to find, with enough persistence, there is a digital vendor...
Though Amazon and Walmart are in a constant race for the consumer’s whole paycheck, they mostly stay within their own lanes. Though both move and counter-move against each other in clearly observable and trackable ways — the instances of the two firms directly pushing on...
Each morning, 80 percent of American consumers check their phones before they brush their teeth — but they rarely do so for the same reasons. Some pick up their mobiles phones to check Instagram or Facebook, while others open an app to check the weather...
Groupon has acquired an AI-driven voice and text messaging tool called Presence AI, according to a press release. 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...
As Amazon’s pricing policy is probed, it is testing a new control program for select third-party products that would offer sellers a minimum profit in exchange for allowing Amazon to cut prices at will, CNBC reported on Thursday (Aug. 8). Get the Full Story Complete...
The Federal Bureau of Investigation wants to be able to have more access to social media to monitor potential threats, according to a report in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
