News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

Online Retailer Coupang Reports 10% Growth in Active Customers

Online Retailer Coupang Reports 10% Growth in Active Customers
Online Retailer Coupang Reports 10% Growth in Active Customers
August 09, 2023  |  Earnings

Coupang Inc., the South Korean online retailer known for its early and one-day delivery, posted its fourth consecutive quarterly profit, driven by efficiencies in logistics and...

READ MORE >
Toast Says Controversial $0.99 Consumer Fee Had No Impact on Pricing, Win Rates
Toast Says Controversial $0.99 Consumer Fee Had No Impact on Pricing, Win Rates
August 08, 2023  |  Earnings

Less than a month after restaurant point of sale (POS) provider Toast rolled back its decision to add a $0.99 fee for consumers on online orders of $10...

READ MORE >
Omnichannel Commerce Boosts The Honest Company in Q2
Omnichannel Commerce Boosts The Honest Company in Q2
August 08, 2023  |  Earnings

The Honest Company, founded by movie star Jessica Alba, posted its second-quarter results Wednesday (Aug. 8), which showed a revenue bump from recent retail distribution deals....

READ MORE >
LoanDepot Posts Loss, but Origination Volume Up 27% from Q1
LoanDepot Posts Loss, but Origination Volume Up 27% from Q1
August 08, 2023  |  Earnings

Mortgage company loanDepot released its second-quarter earnings Wednesday and saw a seasonal bump in loan originations. Get the Full Story Complete the form to unlock...

READ MORE >
Oscar Health Targets Rural Areas to Fuel Growth Beyond Q2
Oscar Health Targets Rural Areas to Fuel Growth Beyond Q2
August 08, 2023  |  Earnings

Health technology company and insurance platform Oscar Health announced “strong” second quarter 2023 earnings on Tuesday (Aug. 8), telling investors that its growth strategy for 2024 will...

READ MORE >
Upstart’s Unsecured Loan Automation Reaches All-Time High
Upstart’s Unsecured Loan Automation Reaches All-Time High
August 08, 2023  |  Earnings

Artificial intelligence (AI) lending platform Upstart has reached a record percentage of automated unsecured loans. Get the Full Story Complete the form to unlock this article and...

READ MORE >
Allbirds Q2 Revenue Takes Hit Amid Currency Exchange Headwinds
Allbirds Q2 Revenue Takes Hit Amid Currency Exchange Headwinds
August 08, 2023  |  Earnings

Direct-to-consumer (D2C) clothing and footwear retailer Allbirds on Tuesday (Aug. 8) posted “better-than-expected” second quarter earnings, amid decreases in average selling prices, currency exchange headwinds and...

READ MORE >
Greenlight Launches Credit Builder for Teens
Greenlight Launches Credit Builder for Teens
August 08, 2023  |  Personal Finance

Greenlight Financial Technology has launched a credit builder for teens that’s designed to help parents raise financially smart kids. Get the Full Story Complete the...

READ MORE >
Victory Insurance Implements Insurity’s Sure Claims Payments
Victory Insurance Implements Insurity’s Sure Claims Payments
August 08, 2023  |  Insurance

Victory Insurance has gone live on Insurity’s Sure Claims Payments platform to provide its policyholders, claimants and vendors with a digital experience Get the Full Story Complete...

READ MORE >