Artificial intelligence (AI) is making its mark on the business world, with several tech companies reporting growth in retail and healthcare sectors. These firms are leveraging AI to address persistent challenges, from eCommerce sizing woes to mounting medical bills, signaling a potential shift in how...
Adyen posted first-half results that showed continued momentum in omnichannel commerce, particularly among clients expanding globally into new regions, and where platforms and localized payment methods are seeing strength and popularity. North America was the fastest growing region with net revenue growth up 30% year...
Convenience. Membership. Delivery times. Delivery density. eCommerce. Marketplaces. You would be forgiven for thinking these were keywords from Amazon’s Q2 earnings announcement. But they weren’t. They were the themes that sounded most often on Walmart’s Q2 earnings call Thursday (Aug. 15) as it reported slow...
Indonesian super app Grab saw a record number of monthly users in its latest quarter. “We continued to harness the strength of the Grab ecosystem, and improved the usage frequency and reliability of our products and services,” Grab CEO and Co-founder Anthony Tan said in a news release Thursday...
Alibaba’s Chinese commerce business has shrunk for the first time amid weak consumer spending. The Chinese conglomerate released earnings Thursday (Aug. 15) showing a 27% decline in profit, which dampened the hopes of a turnaround for the company, Bloomberg News reported. According to that report, Alibaba CEO Eddie...
The old saying in business is that you have to spend money to make money. That means investments today are made in hopes of paying off in the future, giving some momentum to revenues, and upon scaling, to profits. As of Wednesday afternoon (Aug. 14),...
Brinker International has found that its investments in digital tools have improved the experience for both customers and employees at its casual dining restaurants. These improvements have also contributed to the company’s continued profitable and sustainable growth, executives of Brinker International, the owner of Chili’s...
Home Depot currently gets around half of its sales from professional builders and contractors. According to the company’s executives on Tuesday’s (Aug. 13) second-quarter 2024 earnings call, the world’s largest home improvement retailer will need to continue to win over a greater share of this...
The current uncertain economic conditions are bolstering the demand for digital solutions that can help users enhance their cash flow and working capital, Priority Technology Holdings said Thursday (Aug. 8). Among the solutions businesses are adopting is the company’s proprietary unified commerce platform “that’s purpose-built...
