Airbnb, the home-sharing company that is expected to go public via an initial public offering (IPO) in 2019, saw more than $1 billion in revenue in the third quarter, according to a report offering the first glimpse into the company’s revenue. Get the Full Story...
It would be an overstatement to say that Amazon should be incredibly worried about Walmart these days — as Amazon is undeniably doing great by almost any rational measurement. Still, coming off Q3’s latest earnings report, it might not hurt Amazon to look over its shoulder...
Uber’s Q3 2018 financial results show that the company’s net losses increased 32 percent to $939 million quarter over quarter. 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...
Meal kit commerce is having a rough time in late 2018, at least judging by recent news from Blue Apron, which is laying off employees as the company loses customers and struggles with lower average order values. Those problems reflect the industry’s general challenge of...
Ecosystems mean all parts are interrelated. In the Apple ecosystem, where Apple is the center, connecting any number of spokes — as Apple goes, so go its suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The FinTech company has now recorded losses for the second consecutive quarter. In August, it posted a second quarter loss of about...
Yelp would seem to have an enviable place in the digital future. Take the emerging world of connected cars, where various players are competing to bring eCommerce and digital payments into vehicles. In early November, for instance, Buick said that drivers of its cars can now...
MoneyGram shares sank as much as 25 percent during intraday trading on Friday (November 9), as the company reported results that reflected the impact of new compliance rules to stop fraudulent transactions, which has hurt top line momentum — and which will continue. Get the...
Bottomline Technologies posted fiscal first quarter results that showed subscription and transaction revenue growth of double digits as management pointed to opportunities and gains in the B2B payments space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
