Expansion

The action of becoming larger or more extensive. Expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak.

Source: investopedia.com

Instacart Raises $271M On $7.8B Valuation
Instacart Raises $271M On $7.8B Valuation
November 15, 2018  |  Investments

Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. A source told Reuters that...

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Wirecard, Spendit Expand Employee Card Reach Across Europe
Wirecard, Spendit Expand Employee Card Reach Across Europe
November 01, 2018  |  B2B Payments

Payments company Wirecard is broadening its existing partnership with Spendit to launch employee spend and benefits solutions across Europe, beginning with the expansion of its...

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Thinking ‘Differently’ Than Ant, Pintec Makes Its Post-IPO Plans
Thinking ‘Differently’ Than Ant, Pintec Makes Its Post-IPO Plans
October 29, 2018  |  IPO

Pintec Technology Holdings Limited may not be a household name in the U.S., but it ended last week with a some very strong results on...

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Grubhub’s Latest Push: College Students And Meal Vouchers
Grubhub’s Latest Push: College Students And Meal Vouchers
October 25, 2018  |  Earnings

Grubhub — fueled by a 67 percent year-over-year increase in active diners in the third quarter, as well as its recent partnership and acquisition deals — said...

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Uber Eats Throws Down Gauntlet, Aims For 70 Pct Of Food Delivery Market
Uber Eats Throws Down Gauntlet, Aims For 70 Pct Of Food Delivery Market
October 24, 2018  |  Delivery

Uber plans the expansion its on-demand food delivery service Uber Eats so that it covers more than 70 percent of the U.S. by the end...

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Alsea Will Operate Some Starbucks Locations In Europe
Alsea Will Operate Some Starbucks Locations In Europe
October 19, 2018  |  Retail

While Starbucks aims to streamline its operations in places that are seeing challenges with sales, the coffee chain plans to give a longtime partner the...

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Taxify CEO On Ride-Hailing’s Flexible Road From Cars To eScooters
Taxify CEO On Ride-Hailing’s Flexible Road From Cars To eScooters
September 21, 2018  |  Ridesharing

Short ride, long-term appeal? Taxify, the ride-hailing company, is branching out into eScooters in Paris (with plans for more European market rollouts), a change to...

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Nigeria’s Mobile Wallet Paga Snags $10M, Expands Cross-Border
Nigeria’s Mobile Wallet Paga Snags $10M, Expands Cross-Border
September 07, 2018  |  Investments

Nigerian digital payments startup Paga has received $10 million in funding as it prepares to expand into other countries. CEO Tayo Oviosu announced at Disrupt San Francisco,...

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Goldman Sachs’ Marcus Jumps Across The Pond
Goldman Sachs’ Marcus Jumps Across The Pond
August 24, 2018  |  Banking

Goldman Sachs, the Wall Street investment firm, rolled out its consumer bank Marcus in the U.K. Thursday (Aug. 23) offering what the Financial Times said...

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