September 07, 2023
Report: Instacart Plans to Set IPO Price As Soon As...
Instacart could reportedly set its initial public offering price range in a matter of days. The online grocery delivery service is planning to set its listing price and kick off...
September 06, 2023
Cybersecurity Company IronNet to Furlough Workers and Explore Options
IronNet, a cybersecurity company founded by former Pentagon leaders, announced it will furlough most of its workers and explore options including bankruptcy reorganization or liquidation. The company made the announcement...
September 06, 2023
DoorDash CEO Calls Out Instacart Amid Aggregator’s Own eGrocery Push
As DoorDash pushes to grow its share of online grocery, Tony Xu, CEO of the San Francisco-based aggregator, is reportedly casting doubt on Instacart in the leadup to the rival’s...
September 01, 2023
1 in 6 Consumers Exclusively Order From Restaurants Digitally
For a small but significant share of restaurant customers, PYMNTS research finds, the entire experience is facilitated through their phones and computers. By the Numbers Research from PYMNTS’ new study...
September 01, 2023
Zilch Considers London Stock Exchange for IPO
Zilch is reportedly exploring options for an initial public offering (IPO), with the London Stock Exchange (LSE) being a potential listing venue. According to CEO Philip Belamant, the buy now, pay later...
September 01, 2023
FinTech IPO Index Soars 6.4% as Affirm, Futu Shares Rocket...
Summer’s fading, August ends, and only a few earnings reports marked the headlines this past week for the FinTech IPO Index. But two were enough to mark some outsized gains...
August 31, 2023
Report: eCommerce Company Benitago Files for Bankruptcy
New York-based eCommerce company Benitago has reportedly filed for bankruptcy. The firm is seeking protection from creditors two years after raising $325 million in funding, The Wall Street Journal (WSJ) reported Thursday (Aug. 31)....
August 31, 2023
Gopuff Ads Launches in UK as Aggregators Expand Marketing Capabilities
Gopuff is expanding its advertising business overseas as leading players across the on-demand delivery business increasingly leverage these capabilities to boost their margins. The convenience delivery company announced Thursday (Aug....
August 30, 2023
Grocers Prioritize Pickup to Meet eCommerce Demand While Protecting Margins
As more consumers seek out the quick convenience of online grocery, merchants are turning to the pickup channel to meet this demand without bearing the high cost of delivery. Take,...