May 01, 2023
Aggregators Drive Affordability With Middle-Income Consumers
Aggregators may struggle to attract low-income consumers, but they are making strides with the middle tier. By the Numbers According to research from PYMNTS’ exclusive report “Connected Dining: Third-Party Restaurant...
April 28, 2023
Possible Jio Financial Services IPO Opens India’s Digital Front Door...
The door opens for investors to bet on the digital front door, in India. The premise and promise of the super app is to give a single point of entry...
April 27, 2023
Food Delivery Services Drive Adoption with Baby Boomers by Sweetening...
As food aggregators see older consumers lag in adoption, discounts can help close the gap. By the Numbers Data from PYMNTS’ new exclusive report “Connected Dining: Third-Party Restaurant Aggregators Keep...
April 27, 2023
Lyft Cuts Quarter of Staff to Drive Down Costs
Lyft will reduce its staff by 26% as the rideshare service looks to bring down costs. The company said last week it would “significantly reduce” the size of its employee...
April 26, 2023
A Sheep in Wolf’s Clothing: Predatory Pricing, Platform Antitrust, and...
By Sergei Zaslavsky & Tyler Helms1 The doctrine of predatory pricing has followed the vicissitudes of antitrust enforcement over the decades: from the plaintiff-friendly postwar period, to the more...
April 24, 2023
Delivery Services Leverage Discounts and Subscriptions to Retain Price-Sensitive Customers
As aggregators look to maintain customer frequency amid inflation, affordability is key. In fact, many consumers are engaging with restaurant delivery services more specifically because these options have become more...
April 21, 2023
Discounts Can Motivate Low-Income Consumers to Use Aggregators
Unsurprisingly, restaurant aggregator adoption is smaller among lower-income consumers, but special offers can help shift this. By the Numbers Research from PYMNTS’ new exclusive report “Connected Dining: Third-Party Restaurant Aggregators...
April 11, 2023
Uber’s Platform Model Success Inspires Imitators in Ghost Kitchen Space
Following in Uber’s footsteps, Helbiz is leveraging its mobility platform’s audience to drive restaurant sales. Micromobility.com, the lightweight vehicle rental firm and retailer, announced Tuesday (April 11) that it is...
April 10, 2023
e& Invests $400 Million in Uber’s Careem Super App Spinout
Technology and investment group e& has acquired a majority stake in the Careem super app. With the firm’s investment of $400 million — the completion of which is subject to regulatory approvals and other...