Online home goods retailer Wayfair saw shares surge over 20 percent to an all-time high $61.73 on Tuesday’s (May 9) opening bell after the online home goods retailer posted Q1 financials that largely beat expectations. For the quarter, Wayfair’s net revenue hit $960.8 million, up...
Amazon continues to grow its operational footprint across the globe. Most recently, the online retail giant announced plans to open a new Research & Development (R&D) center in the U.K. Scheduled for this coming fall in the east-English tech hub and university city of Cambridge, the...
Self-driving tech startup DeepMap looks to enable next-gen autonomous vehicles with mapping technologies. Founded by Alphabet Inc. mapping veterans, the startup is constructing systems that help self-driving cars navigate and is looking to license its software to automakers and tech companies. The team at DeepMap...
Yum! Brands (YUM) beat out earnings and revenue estimates for Q1, though numbers were still down year-on-year. The fast food company — which holds international chains Taco Bell, KFC and Pizza Hut — reported earnings per share at $0.65, up 17 percent YoY and above...
A young logistics startup that gives eCommerce brands same-day delivery capabilities just scored a major chunk of venture funding. Founded in May of 2016, San Francisco-based Darkstore offers a platform that enables on-demand, same-day and 2-day delivery options for eCommerce sites. Just recently, the company...
Nobody likes sitting in traffic. Whether it’s rush hour, morning commuting or traveling on a holiday weekend, bumper-to-bumper cars moving at a snail’s pace can be grueling and sometimes downright aggravating. In cities like London, Stockholm and Milan, there’s already an in-place solution to help alleviate...
Mike Manley, CEO of Fiat Chrysler Automobiles NV’s Jeep, recently told reporters at a company event that while the company had prior purposefully reduced fleet sales for the brand, total sales for the full fiscal year (FY) 2017 are projected to be on track to...
Online retailers just got a new tool in the fight against identity theft and fraud. XOR Data Exchange, Austin-based data and analytics startup, just recently introduced a new resource for online retailers to fight the account takeovers as the number data breaches that include account...
Vending and payment solution provider Cantaloupe Systems recently announced a partnership with unattended retail technology provider Gimme Vending. Cantaloupe will integrate Gimme Vending’s Bluetooth technology into Seed Mobile, Cantaloupe’s front-end driver software, to create Seed Key. With Seed Key, Cantaloupe will be able to grow...
