Today in food commerce, Ahold Delhaize applies the learnings from its private-label brands to optimize pricing, and ultrafast grocer Jokr offers new advertising opportunities to brands. Plus, Mrugesh Bavda, product manager for Grubhub, talks Instant Cash Out with PYMNTS.
Grubhub Says Instant Payments Give Gig Workers Much-Needed Financial Flexibility
In this month’s “Expanding Payments Choice Playbook” Feature Story, PYMNTS talked with Mrugesh Bavda, product manager for Grubhub, about why Grubhub’s couriers demanded instant payments, and how the company developed Instant Cash Out to met these demands.
Rapid Food Delivery Businesses Pick up Advertising Side Hustle to Make Ends Meet
Ultrafast grocery startup Jokr is looking to supplement its delivery business with a new venture — an advertising platform. On Wednesday (May 11), the company is launching a service for advertisers to place digital ads in the company’s app and physical ads on drivers’ bags and within delivery orders, according to a Bloomberg report.
Ahold Delhaize Leverages Data to Differentiate Omnichannel Offerings
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On a call with analysts Wednesday discussing the company’s first-quarter 2022 earnings results, Ahold Delhaize Chief Financial Officer Natalie Knight shared how the grocer is using information about its shoppers’ behavior to boost digital engagement and loyalty.
Western Union, Tiendas Neto, Team to Offer Cross-Border Transfers
Western Union has teamed up with Mexican grocer Tiendas Neto to offer cross-border money transfer services at more than 1,300 of the supermarket chain’s stores, according to a Wednesday press release. The company says the agreement bolsters its ability to help consumers in Mexico send money all over the world. Customers can choose for their funds to go to bank accounts, mobile wallets or to any of Western Union’s network of retail locations.
