Blue Apron, the struggling meal kit provider, announced Tuesday (April 2) Brad Dickerson, president and CEO of the company, has decided to resign. Additionally, the company announced Ilia Papas, Blue Apron’s chief technology officer is also stepping down. In a press release, Blue Apron said the...
Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan. 15) that it’s been profitable for two straight years, according to CNBC. Airbnb measures profits through earnings before interest, tax, depreciation and amortization (EBITDA)....
ATM servicer and software provider Diebold Nixdorf has hired financial advisors as it considers a sale. According to CNBC, sources revealed that “Diebold hired Credit Suisse and Evercore last week to help identify potential buyers,” though it is too early to determine a price for...
The FinTech rally comes to the Street. Well, at least for one firm, which had an IPO this week – and that would be Adyen. The debut day for the Dutch payments processing firm was a stellar one, as the IPO led to a 90...
February 16, 2018
Tempest in a (meal) box? Attention turned to meal kits as the government invoked “Blue Apron” as a model of sorts for a new food stamp initiative. Turns out the real Blue Apron has its hands full, too, in a hypercompetitive market where subscribers are leaving in droves.
April 17, 2020
The ongoing coronavirus pandemic has caused Uber to withdraw its 2020 guidance as it anticipates a $1.9-$2.2 billion impairment charge and $17-22 million in first-quarter losses. “Given the evolving nature of COVID-19 and the uncertainty it has caused for every industry in every part of the world, it is impossible to predict with precision the […]
April 03, 2019
Blue Apron, the struggling meal kit provider, announced Tuesday (April 2) Brad Dickerson, president and CEO of the company, has decided to resign. Additionally, the company announced Ilia Papas, Blue...
January 15, 2019
Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan. 15) that it’s been profitable for two straight...
August 14, 2018
ATM servicer and software provider Diebold Nixdorf has hired financial advisors as it considers a sale. According to CNBC, sources revealed that “Diebold hired Credit Suisse and Evercore last week...
