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...
July 14, 2022
On-Demand Payments Help Companies Retain In-Demand Contractors, Consultants
Independent workers experience a greater degree of unpredictability than traditional employees due to the nature of gig economy jobs, making predictability in areas such as payment frequency all the more...
July 14, 2022
Vehicle Financing Firm Moove Raises $20M
South African mobility FinTech Moove has raised $20 million in financing from Absa Corporate and Investment Banking (CIB), the Johannesburg company announced Thursday (July 14). According to a news release,...
July 13, 2022
Walmart Expanding EV Fleet as F&B Companies Seek Fulfillment Edge
As eCommerce demand for restaurant and grocery options rises, food and beverage (F&B) businesses are looking to boost capacity and meet more demand by expanding their fleets. Mega-retailer Walmart, which...
July 12, 2022
California Law Threatens Legal Status of 70,000 Truck Drivers
California labor standards are beginning to apply to some 70,000 truck owner-operators, who make up the backbone of state’s transportation business, creating another bottleneck in already strained supply lines. Under...
July 12, 2022
Pepsi Turns to Alcohol to Combat Inflation
Vertically integrated businesses across sectors of the food and beverage (F&B) industry are finding opportunities to leverage their infrastructure to drive additional revenue as rising costs put pressure on profit...
July 12, 2022
Payments Go Real-Time
Tough economic times call for greater efficiency in finance and payments, Modern Treasury CEO and Co-founder Dimitri Dadiomov writes in the PYMNTS eBook, “Baseline 2022: What the Next Six Months Holds.”...
July 12, 2022
Uber Files Leak May Push Forward EU Gig Worker Legislation
Uber’s past ghosts are still chasing the company, and the recent revelations exposing how top politicians secretly helped Uber to grow may have consequences beyond reputational damage. On Sunday, July...