Earnings season can offer a glimpse, backed up with data, of seismic shifts in the way we live our lives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Big ups on users and big losses to go. That was the Grubhub storyline from its fourth-quarter earnings. In line with its trend from previous quarters, Grubhub continued to gain new users in the final quarter of 2020. By the numbers, the company’s app grew...
PayPal posted fourth-quarter results Wednesday (Feb. 3) that showed continued tailwinds under the rise of digital, and, specifically, contactless payments. Total payments volume stood at $277 billion across 4.4 billion transactions. Dollar volume was up 39 percent year over year, the transaction count grew by...
In the three months since Peloton last reported earnings, the world’s largest connected fitness platform bought a competitor, launched a new treadmill, addressed its shipping delays and announced plans to repair its damaged customer experience. Get the Full Story Complete the form to unlock this...
Brookfield Property Partners, which operates numerous malls around the U.S., lost $2.06 billion last year, according to its newest financial report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
It would be a shame if some bigger news overshadowed Amazon’s fourth-quarter earnings. What could possibly be bigger than the company’s first $100 billion quarter with net sales checking in at $125.6 billion? How could a 44 percent bounce over 2019’s Q4 take a back...
Chipotle Mexican Grill saw a 177.2 percent year over year increase in digital sales to $781.4 million in the fourth quarter, the company reported on Tuesday (Feb. 2), continuing its rapid digital growth pattern, though falling short of Q3’s 202.5 percent increase. Digital sales accounted for almost half...
Alphabet Inc. reported Tuesday (Feb. 2) as part of its fourth quarter and fiscal year 2020 results that revenues jumped approximately 23 percent for the quarter ended Dec. 31, from the same quarter in 2019, as the Google parent’s advertising revenues soared. Get the Full...
To say that COVID-19 worked out well for the world’s largest online retailer and its founder would be an understatement of Amazonian proportions. While the pandemic’s lockdowns and travel restrictions certainly presented their share of logistical challenges, the sheer fact that more people than ever...
