Alibaba Group Holding Co. reported results on Thursday (Aug. 20) that suggested that the company benefited from the digital shift that has been quickened by the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Kohl’s Inc. reported Tuesday (Aug. 18) that digital sales had surged 58 percent in Q2 compared to last year as the retailer’s net sales fell 23 percent amid the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
As the world sheltered in place to avoid the coronavirus, homeowners used the time to make improvements. 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...
Online grocery and eCommerce will be on the radar when Walmart reports its second quarter earnings on Tuesday (Aug. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Vroom Inc.’s stock fell by 18 percent at the opening Thursday (Aug. 13) as the New York City-based eCommerce car company beat estimates but its third quarter (Q3) outlook fell short. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Airbnb Inc. took a record hit in revenues in the second quarter (Q2) and its losses continued to mount as global travel was restricted to prevent the spread of COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Ride-hailing firm Lyft said Wednesday (Aug. 12) that its active ridership plunged 60 percent year over year during Q2 due to the coronavirus pandemic, but said signs of recovery are emerging. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Just Eat Takeaway.com, the European food-ordering firm, reported increased revenue and profits for the first half of the year as the COVID-19 pandemic boosted online orders, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Tencent Holdings Ltd., the Chinese maker of the world’s most popular video games, reported its second quarter (Q2) net profits increased by 37 percent, beating market predictions as demand soared as a result of stay-at-home orders from COVID-19. Get the Full Story Complete the form to...
