Meal kit provider Blue Apron shares jumped Friday (June 9) on news of its shift to an asset-light model. The shares jumped as much as 71% in early morning trading, Seeking Alpha reported Friday. Shares of the stock closed Friday night at $8.95, up 67.29% from the previous close....
Netflix is seeing a record number of new subscribers even after it launched its crackdown on password-sharing. Between May 25 and May 28, the streaming giant garnered more new subscriptions than in any other four-day period since streaming analytics company Antenna began compiling such data...
After avowing that its DashPass subscription growth strategy was centered not on partnerships but on organic channels, DoorDash has changed its tune, at least in Canada. The aggregator announced Tuesday (June 6) that it is partnering with Amazon Canada to offer free yearlong DashPass subscriptions to Prime members in the country, promising free delivery and...
Despite the economic changes, pet essentials remain highly valued by pet parents. However, Bark, the omnichannel dog brand known for its BarkBox and Super Chewer pet subscription boxes, has faced challenges in securing a top position on consumers’ priority lists. The company reported net losses...
Nearly a year after Grubhub first announced its partnership with Amazon to offer Prime members free yearlong Grubhub+ subscriptions, the aggregator shared Monday (June 5) that the two companies are extending the deal and stepping it up by offering two years — a testament to Grubhub’s commitment to its partnerships strategy. The aggregator announced in a news release that...
DoorDash will soon launch a five-week promotion of its membership program. The delivery aggregator’s fourth annual Summer of DashPass promotion will feature a different assortment of members-only discounts and other offers during each of the five weeks, beginning June 15, DoorDash said in a Tuesday (May 30) press release. “For...
Inflation, layoffs and hybrid work got you down? It might be your serotonin levels. Amid the flood of retail health and wellness clinics that have come to market during the pandemic era, there’s an entrepreneurial effort afoot to address this hormonal imbalance. The brainchild (no...
Netflix has begun its long-threatened crackdown on password sharing. The streaming service will begin sending an email Tuesday (May 23) to members who share Netflix outside their household in the U.S., reminding them that an account is for use by only one household, Netflix said...
Quick-service restaurants (QSRs) are finding new ways to take the need to make meals off consumers’ plates as they develop subscription models in direct challenge to meal kit providers. The direct-to-consumer (D2C) subscription model has seen volatility since high rates of inflation took hold across the United...