November 08, 2023
Lyft Projects Growth That May Fall Short of Analysts’ Expectations
Lyft expects its fourth quarter revenue to grow by the mid-single digits compared with the previous quarter. The ride-share company announced this outlook Wednesday (Nov. 8) while reporting its third...
November 08, 2023
MGM Resorts Expects Continued Growth and Expansion of Online Gaming
MGM Resorts International achieved its first quarter of profitability on its investment in the online gaming joint venture, BetMGM. The company’s 50% share of operating income in the third quarter was $13...
November 04, 2023
Why Retailers Don’t Want Consumers to Get an Extra Hour...
On Sunday (Nov. 5), most U.S. states will “fall back” an hour, giving people an extra wink of sleep. While the states that embrace this time change will relish the extra...
November 03, 2023
Burger King Owner Sees Drive-Thru as a Hold Back to...
As Restaurant Brands International (RBI) looks to reach 100% digital sales, the drive-thru channel remains a sticking point. The quick-service restaurant (QSR) giant, which owns Burger King, Tim Hortons, Popeyes and...
November 03, 2023
PayPal’s Bet to Boost Security May Pay Off in Broader...
As consumers’ eCommerce activity grows, so does their use of digital payment methods. Merchants looking to boost engagement can offer these payment options to maximize conversions. Of all digital payment...
November 03, 2023
Pickle CEO Says They’re the DoorDash for Fashion Rentals
The demand for rental clothing, accessories and even footwear is gaining momentum. Inflationary pressures are not the only factor driving this trend, as consumers discover an alternate way to keep...
November 02, 2023
75% of Millennials Don’t Trust Themselves to Buy Insurance Online
Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60% plan to purchase one or...
October 31, 2023
Bid Rigging In Public Procurement
Since the promulgation of Law No.182 of 2018 and its executive regulations on public procurement reiterating and emphasizing the prohibition of bid rigging in public procurement in line with the...
October 30, 2023
LTK’s Ulrich on How Payments and AI Turn Creators Into...
Creators wield significant influence in commerce — when they recommend products, they inspire and shape their followers’ choices. But the journey from inspiration to purchase is often encumbered by multiple...