News

Delivery
Uber Eats Leverages Discounting to Maintain Aggregator Usage Amid Inflation
May 02, 2023

As restaurant aggregators push back on inflation-related trade-down, discounts are key to maintaining frequency. Uber Eats, for its part, is making a play for affordability with the Uber-wide Uber One paid membership program, which offers free delivery on food orders, among other perks. The company...

Delivery
Instacart and PetSmart Partner on Same-Day Delivery Across US
May 02, 2023

Instacart is now providing same-day delivery from 1,500 PetSmart stores in the United States. The expansion of this partnership into the U.S. follows the successful launch of the offering from 150 PetSmart stores in Canada, the companies said in a Tuesday (May 2) press release....

Security & Fraud
Apple and Google Propose Alerting Consumers of Unwanted Tracking
May 02, 2023

Tech rivals Apple and Google say they’re uniting against a common foe: unwanted tracking. “Location-tracking devices help users find personal items like their keys, purse, luggage, and more through crowdsourced finding networks,” the companies said Tuesday (May 2). “However, they can also be misused for unwanted tracking...

Banking
HSBC Will Use SVB to Launch Global Tech Business
May 02, 2023

When it comes to its purchase of Silicon Valley Bank’s British arm, HSBC is thinking globally. In an interview Tuesday (May 2) with Bloomberg Television, HSBC CEO Noel Quinn said his bank’s purchase of Silicon Valley Bank (SVB) U.K. will help lay the groundwork for...

Investments
Aligned Raises $5.8 Million to Streamline B2B Dealmaking
May 02, 2023

Aligned has raised $5.8 million to develop a network that aims to streamline B2B dealmaking. The company will use the new funding to continue building out its B2B buyer-seller network that is designed to enable more effective collaboration and eliminate the need for email threads,...

Payment Methods
Boodil Launches Pay by Portal to Reduce Credit Card Fees
May 02, 2023

Boodil has launched a Pay by Portal solution to allow businesses to take account-to-account payments. This new solution enables merchants to send out payment links via SMS, email or QR code; collect payments from customers via an open banking payment method; and reduce credit card...

Ridesharing
Uber One Members Drive 27% of Mobility Platform’s Gross Bookings
May 02, 2023

Uber’s latest quarterly earnings results showed a continued rebound in ride-hailing, and the company’s membership program, Uber One, continued to show evidence that the “cross-selling” opportunity offered by the mobility giant continues to gain fruit. The company said in its earnings and supplemental materials that...

Retail
1-800-FLOWERS.COM Buys SmartGift to Expand Gifting Capabilities
May 02, 2023

1-800-FLOWERS.COM has acquired SmartGift to expand its consumer and corporate gifting capabilities. The acquisition will add the functionality of SmartGift’s intelligent gifting platform to 1-800-FLOWERS.COM’s family of brands focused on providing gifts, the companies said on Tuesday (May 2).  “With the addition of SmartGift, Inc. to the 1-800-FLOWERS.COM, Inc. portfolio,...

Retail
David’s Bridal Offers Membership Perks as Store Closures Loom
May 02, 2023

David’s Bridal has debuted a new membership perk as it tries to remain afloat. Throughout May — to coincide with Small Business Month — customers who are Diamond members at the specialty retailer will receive gift cards for women-owned small businesses, the company announced in...