February 23, 2024
Grab Holdings Leverages AI in Drive Toward Full-Year Profitability
Grab Holdings, the Southeast Asian ride-hailing and delivery specialist, reportedly aims to achieve full-year profitability by focusing on organic growth and investing in artificial intelligence (AI) technologies. The company is...
February 23, 2024
Walmart’s Health Sales Rise, but Amazon Closes In
As Walmart and Amazon compete for consumers’ health and personal care spending, Walmart is seeing growth — but maybe not enough to hold its lead as Amazon rapidly gains share...
February 22, 2024
Grubhub Adds Convenience Items From CVS Pharmacy to Its Marketplace
Grubhub added CVS Pharmacy to its marketplace. With this addition, the online mobile food ordering and delivery platform now offers thousands of convenience items from more than 6,000 CVS locations across...
February 22, 2024
Grab Users Boost Digital Bank Adoption as Delivery, Ride-Hailing Businesses...
Singapore’s Grab reported its first-ever quarterly profit on Thursday (Feb. 22). This, despite a cautious outlook for annual sales as its ridesharing and food delivery operations in the “fertile” Southeast...
February 22, 2024
Delivery Hero Suspends Plans to Sell Foodpanda Business
Delivery Hero has ended discussions to sell its foodpanda business in Southeast Asia. The Berlin-based food delivery platform announced Wednesday (Feb. 21) that it had terminated negotiation for the deal, which would have...
February 22, 2024
Uber Eats Takes Its Robot Delivery Show on the Road
As on-demand delivery aggregators look to automation to reduce labor costs, Uber sees the opportunity to roll out autonomous sidewalk robots in dense cities worldwide — but only for certain...
February 21, 2024
Marc Lore’s Wonder Opens in Walmart as Supermarkets Seize Restaurant...
Wonder is opening a store-in-store within a Walmart, a move that comes as grocery retailers increasingly seek out opportunities to capture more of consumers’ mealtime spending. The omnichannel food hall...
February 15, 2024
Report: Sen. Marco Rubio Asks SEC to Block Shein IPO
Sen. Marco Rubio, R-Fla., is reportedly asking the Securities and Exchange Commission (SEC) to prevent fast fashion platform Shein from its bid to list publicly in the U.S. market. The senator...
February 14, 2024
Uber, Lyft, and DoorDash Drivers Stage Nationwide Strike for Fair...
On Wednesday, drivers for Uber Technologies, Lyft, and delivery workers for DoorDash united in a nationwide strike, demanding fair pay and improved working conditions. The protest, organized by various driver...
