July 19, 2022
DoorDash Takes a Page From Amazon’s Book With Deals Event
Looking to deliver an increase in membership revenue, DoorDash is taking a tip from mega-retailers such as Amazon and Walmart and launching its own deals event for members, Summer of...
July 19, 2022
Inflation Isn’t Hurting the Payments Sector — Yet — Says...
We all thought (or at least hoped) that 2022 would be a very different kind of year, but we’re leaping from one crisis to the next with no relief in...
July 18, 2022
Instacart Investor Slashes Grocery Deliverer’s Valuation to $14.7B
Capital Group, an Instacart investor, has slashed the delivery firm’s valuation back to $14.7 billion, a big drop from Instacart’s own calculation of $24 billion, Bloomberg reported Monday (July 18)....
July 18, 2022
Uber Pays Millions on Justice Department Suit Regarding Overcharging Disabled...
The U.S. Department of Justice on Monday (July 18) settled with Uber Technologies for several million dollars related to a lawsuit that alleged Uber violated the Americans with Disabilities Act...
July 18, 2022
Food Delivery Businesses Tinker With Recipe for Success as Costs...
As demand for restaurant and grocery delivery continues, businesses that rely on the channel are facing new challenges, as ongoing labor difficulties are compounded by rising food and commodities costs....
July 18, 2022
What’s Next in Mobile Commerce? Personalization at the Consumers’ Point...
Merchants and brands are rightly obsessed with reaching consumers where they congregate, like social channels, but what if you could expand that to wherever they happen to be? It’s the...
July 17, 2022
Why Payments Valuation Plunge Is as Irrational as Crypto Exuberance
Crypto has had a very bad year, with bitcoin’s 70% price collapse putting it in better shape than many of the other 10 largest cryptocurrencies, which are down 75% to...
July 17, 2022
Amazon Grubhub Deal Pressures DoorDash, Uber Eats as Delivery Market...
In an attempt to expand its user base, food delivery service Grubhub has been branching out and adding more promotional opportunities, such as its May promotion which offered New Yorkers...
July 15, 2022
Chinese Regulators Hit Didi’s Payments Arm with Major Fine
The payments division of ride-sharing and food delivery firm Didi was hit with 4.27 million yuan ($632,170) in fines on Friday (July 15) by the People’s Bank of China, Reuters...