Before Q2 2020, Uber was the innovator that launched the concept of a digitally backed ridesharing business with a growing side hustle in the world of delivery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Reporting revenues of $3.47 billion for its second quarter 2020 — a jump of 129 percent from Q2 2019 — Fiserv President and CEO Frank Bisignano said Wednesday (Aug. 5), “We demonstrated the strength and resilience of our business model during the quarter.” Get the Full...
Online crafts giant Etsy Inc. reported huge Q2 gains Wednesday (Aug. 5) in its total number of buyers, sellers and gross merchandise sales as COVID drove consumers to its platform to purchase face masks and other items. Get the Full Story Complete the form to...
Carvana, which works in the market of selling used cars online, announced its revenue was sitting at $1.12 billion and that it had sold 55,098 units in the second quarter, according to a press release. Get the Full Story Complete the form to unlock this...
Lost in the excitement of Square’s big earnings announcement Wednesday (Aug. 5) was its prowess in cryptocurrency. In addition to its significant revenue increase from seller fees and user deposits, the company’s Cash App generated $875 million of bitcoin revenue and $17 million of bitcoin...
A vintage Burger King ad once asked, “Where’s the beef?” In Q2, millions replied, “Who cares?” as they drove a near tripling of plant-based Beyond Meat product sales year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Square saw its shares skyrocket Tuesday (Aug. 4) night after the San Francisco-based financial services company posted better-than-expected quarterly results for its mobile payment app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45 percent year over year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
LendingClub posted second-quarter results on Tuesday (Aug. 4) that showed a drop in origination volume as anticipated, while loan investor demand displayed early indications of recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
