Earnings

Earnings
Booking.com’s In-House Payments Service Processes 40% of Sales
November 02, 2022

Macroeconomic headwinds did little to slow the airspeed of Booking.com and its portfolio of brands as the largest online travel agency (OTA) saw a return to 2019 levels in flights and room nights and the company doubled down on its payments platform and “connected trip”...

Earnings
Uber Says 70% of New Drivers Signed Up to Beat Inflation
November 01, 2022

As Uber reported its third-quarter earnings, CEO Dara Khosrowshahi had a pointed stat that spoke volumes about the gig economy in general and the mobility/delivery platform’s allure in particular: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
SoFi Logs $5B in Deposits as CEO Reports Swiping Share From Banks
November 01, 2022

“We’re winning share in deposits … and we’re taking it from the traditional banks,” SoFi CEO Anthony Noto said on a Tuesday (Nov. 1) earnings call. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Uber’s Ability to Cross-Sell and Hire New Drivers Will Be Key Q3 Test
October 31, 2022

Beyond the rebound in revenues, beyond the bounce back in Uber’s core ride-hailing business, we’ll get a sense of just extensible the platform model really is when the company reports earnings before the market opens on Tuesday (Nov. 1). Get the Full Story Complete the...

Earnings
Rising Card Delinquencies Fuel Demand for Debt Consolidation Loans
October 31, 2022

In navigating the credit cycle, in getting ready for what comes next, prudence is the best policy. 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...

Earnings
Keurig Dr Pepper Joins Push Back on Private Label
October 27, 2022

Coffee and soft drink stalwart Keurig Dr Pepper added its voice Thursday (Oct. 27) to a growing debate over consumers’ trade-down behavior, saying much of the inflation-motivated turn towards private labels that grocers have been observing is overstated. Get the Full Story Complete the form...

Earnings
UK Car Retailer Cazoo Ditches EU Market to Ease Path to Profitability
October 27, 2022

Following last month’s announcement that it is pulling out of the mainland European market to focus its attentions on the United Kingdom, British online auto marketplace Cazoo announced Thursday (Oct. 27) that the withdrawal is expected to be complete by the end of the year....

Earnings
Visa Direct Transactions Surge 36% as Real Time Money Movement Gains Ground
October 25, 2022

Three years into the pandemic, and Visa’s Tap to Pay continues its steady march, with real-time payments and faster payouts — through Visa Direct — also proving popular on an increasingly complicated global stage.  Get the Full Story Complete the form to unlock this article...

Earnings
Chipotle Upgrades Geo-Tracking to Blend Digital and Physical Experience
October 25, 2022

Chipotle is souping up its mobile app with better geo-tracking features to improve customers’ mobile experience and drive the adoption of digital pickup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...