It was a good day for Jumia Technologies on Friday (April 12) — and that’s a good signal about the future prospects of eCommerce in Africa, home to some 1.3 billion people, of whom at least 725 million have mobile devices. Get the Full Story...
Grubhub, the food delivery startup, saw shares tumble on Friday (April 12) due to competition from rival delivery service Uber Eats, according to reports. The stock fell 5.3 percent in afternoon trading and volume reached 5.3 million shares, which is more than 50 percent of...
Some of the country’s biggest banks saw their share prices surge after their Quarter 1 earnings beat analysts’ expectations. Shares of JPMorgan Chase rose 4.1 percent after it reported a 5 percent boost in profits, beating expectations and showcasing the strength of its banking operations....
Luxury women’s shoe brand Manolo Blahnik has opened a new dedicated boutique inside of Selfridges, according to reports. 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...
It’s the end of a busy week, one full of news about payments and commerce. We here at PYMNTS are as excited about the weekend as you are, but before our thoughts turn to leisure, we want to make sure you are up-to-date on all...
Juul Labs, the company that makes the popular vaporizer, has announced a new program to track its devices and figure out how they get into the hands of minors, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this...
The White House and the Federal Communications Commission (FCC) have announced they will prioritize 5G to make sure America is at the forefront of pushing out the new technology. Also, they announced a plan to spend $20.4 billion to bring broadband to rural communities. Get...
The problems started earlier in the week for Lyft, as investors anticipated the release of Uber’s prospectus for its initial public offering, and Lyft’s stock price started to drop. By Friday (April 12) at 10 a.m. EST, hours after that document went public, that price...
To help grow its business in India, Naspers-owned PayU has acquired U.S.-based Wibmo. The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports. Get the Full Story Complete the form to unlock this...
