Food delivery company Deliveroo finally returned to its IPO price (390 pence, or about $5.40), almost five months after the company struggled out of the gates in public trading in March, completing a surge of more than 70 percent since it bottomed out in April....
Groupon is out of the business of selling consumer goods — an announcement that followed yet another disappointing earnings run from the eCommerce firm. The news took both consumers and marketwatchers by surprise. Consumers were mostly surprised to learn that Groupon was, in fact, selling...
The year 2020 is off to a rocky start for food delivery platform Grubhub. Shortly after the new year began, rumors started circulating that Grubhub — facing increasingly stiff competition in a crowded food delivery service market — was actively seeking a buyer, as it...
Casper Sleep priced its initial public offering (IPO) at $12, a low rate for its already slashed range, reports said. The company has had a tough time on its road to rolling out an IPO, a sign that unprofitable startups will have problems with going...
February 21, 2020
Groupon is out of the business of selling consumer goods — an announcement that followed yet another disappointing earnings run from the eCommerce firm. The news took both consumers and marketwatchers by surprise. Consumers were mostly surprised to learn that Groupon was, in fact, selling products at all. Marketwatchers, on the other hand, got a […]
February 06, 2020
The year 2020 is off to a rocky start for food delivery platform Grubhub. Shortly after the new year began, rumors started circulating that Grubhub — facing increasingly stiff competition...
May 10, 2019
Uber’s IPO priced at the (very) low end of revised ranges on Thursday (May 9). Investor sentiment is muted amid Lyft’s own downturn, general market volatility and, of course, a...
February 21, 2018
After three consecutive quarters of eCommerce growth that was north of 50 percent, Walmart’s digital sales grew less than half of that last quarter – and investors were less than thrilled. That...
August 12, 2022
India-based digital payments provider Paytm saw its shares drop to their lowest level in two weeks when a proxy advisory firm urged shareholders to oust the company’s CEO. As Bloomberg News reported Friday (Aug. 12), Institutional Investor Advisory Services India Ltd. (IIAS) is recommending that shareholders vote to replace Paytm Founder Vijay Shekhar Sharma as […]
August 16, 2021
Food delivery company Deliveroo finally returned to its IPO price (390 pence, or about $5.40), almost five months after the company struggled out of the gates in public trading in...
February 06, 2020
Casper Sleep priced its initial public offering (IPO) at $12, a low rate for its already slashed range, reports said. The company has had a tough time on its road...
December 31, 2019
Richard Merage, the man who created Hot Pockets, disclosed stake that he bought in Groupon on Monday (Dec. 30). Merage and his company, MIG Capital, based in Newport Beach, California,...
