PYMNTS-MonitorEdge-May-2024

Ocado

CE100 Down 1.9%, Caps Dismal September as Nike Sinks 14%
CE100 Down 1.9%, Caps Dismal September as Nike Sinks 14%
October 03, 2022  |  Connected Economy

It could have been worse. Significantly worse. The ConnectedEconomy™ (CE100) Stock Index sank 1.9% in a week that saw the broader markets decline by about...

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CE100 Index Plunges 7.2% as Higher Interest Rates Cloud Spending Outlook
CE100 Index Plunges 7.2% as Higher Interest Rates Cloud Spending Outlook
September 26, 2022  |  Connected Economy

It’s getting to be a familiar refrain: The CE100 names move, in a big way, to the downside. All pillars slid, and depending on where...

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CE100 Tops Broader Market as BNPL, Payments Offset Snap’s 39% Decline
CE100 Tops Broader Market as BNPL, Payments Offset Snap’s 39% Decline
July 25, 2022  |  Connected Economy

The PYMNTS ConnectedEconomy™ 100 Index (CE100™) managed to outpace the broader markets this past week, buoyed by Sezzle and other payment-focused names. It’s no surprise...

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EMEA Daily: UK’s Financial Services Bill Will Make Stablecoins a Form of Payment; Swedish Telehealth Company Kry Raises $160M
EMEA Daily: UK’s Financial Services Bill Will Make Stablecoins a Form of Payment; Swedish Telehealth...
July 21, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), Swedish HealthTech company Kry has raised over $160 million in a funding round....

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Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores
Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores
July 21, 2022  |  eCommerce

Customers are reducing their use of delivery for online grocery shopping orders, prompting Ocado to consider a shift in expansion plans for the service in the U.K....

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Today in Food Commerce: Ultrafast Grocers Begin Layoffs; Ocado Sees Major Setbacks
Today in Food Commerce: Ultrafast Grocers Begin Layoffs; Ocado Sees Major Setbacks
May 26, 2022  |  Delivery

Today in food commerce, ultrafast grocery delivery startups lay off their staff, and Ocado cuts its sales growth prediction for the year by more than...

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Grocery Roundup: Ocado Slashes Growth Predictions; Instacart Looks to Attract, Retain Employees
Grocery Roundup: Ocado Slashes Growth Predictions; Instacart Looks to Attract, Retain Employees
May 26, 2022  |  Retail

In 2020 and 2021, online grocery growth soared. Now, companies in the space are facing major roadblocks on both sides of the Atlantic, as soaring...

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Today in Food Commerce: Ocado Retail Sales Dip; Getir Announces $768M Series E Round
Today in Food Commerce: Ocado Retail Sales Dip; Getir Announces $768M Series E Round
March 17, 2022  |  Commerce

Today in food commerce, Ocado Retail’s revenue takes a downturn, and Getir sees its valuation grow to $11.8 billion. Plus, PYMNTS data reveal that restaurant...

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EMEA Daily: EU Financial Regulators Warn Consumers on Crypto-Asset Risks; H&M Selling Other Fashion Brands on its Website to Better Compete
EMEA Daily: EU Financial Regulators Warn Consumers on Crypto-Asset Risks; H&M Selling Other Fashion Brands...
March 17, 2022  |  International

In today’s top Europe, Middle East and Africa news, financial regulators in the European Union have warned consumers that cryptocurrencies are highly risky, while H&M...

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