Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary objectives: bringing in new users, elevating engagement with its current clientele, and creating “habituated customers.”...
The collapse of eCommerce startup Thrasio has reportedly triggered a fight between its former private equity backers. Oaktree Capital Management has written a letter to private equity (PE) firms Silver Lake and Advent criticizing them for their oversight of Thrasio, the Financial Times (FT) reported...
BlackRock is reportedly looking to auction off Amazon aggregator SellerX after SellerX stopped making payments on a loan. The auction is scheduled for Sept. 17 in Berlin, Bloomberg reported Wednesday (Aug. 28), citing an advertisement for the auction seen in a German newspaper. SellerX did...
The side hustle — and the ancillary streams of income those hustles provide — now is a lifeline in the paycheck-to-paycheck economy, across all income levels. Earlier this year, PYMNTS reported that 22% of all U.S. consumers work on the side to enhance their cash...
September 20, 2024
In today’s fast-paced eCommerce landscape, platforms like marketplaces and aggregators are vital for merchants looking to expand their reach. However, they face challenges in offering diverse payment options while maintaining smooth operations. A PYMNTS Intelligence report, “The Orchestrated Platform: Why Payments Orchestration Is Not Just for Merchants,” a collaboration with Spreedly, reveals payments orchestration has […]
September 10, 2024
Instacart is ramping up its efforts to capture and keep customers as it aims to cement its status in the online grocery sector. The company is concentrating on two primary...
August 12, 2024
Much has been made of tipflation, the upward march of the tips paid at the table and for delivery, which adds to the bill and subtracts from diners’ wallets. As...
August 09, 2024
As aggregators look to drive spending despite consumers’ belt-tightening behaviors, Grubhub is using new digital features to drive up check sizes. The company announced earlier this month the launch of...
September 08, 2024
The collapse of eCommerce startup Thrasio has reportedly triggered a fight between its former private equity backers. Oaktree Capital Management has written a letter to private equity (PE) firms Silver Lake and Advent criticizing them for their oversight of Thrasio, the Financial Times (FT) reported Sunday (Sept. 8). All three firms had backed Thrasio, which […]
August 28, 2024
BlackRock is reportedly looking to auction off Amazon aggregator SellerX after SellerX stopped making payments on a loan. The auction is scheduled for Sept. 17 in Berlin, Bloomberg reported Wednesday...
August 13, 2024
DoorDash’s DashPass membership program now includes offers from Warner Bros. Discovery’s Max streaming service. A DashPass Annual Plan membership in the United States now includes Max With Ads at no...
August 08, 2024
With order volumes increasing, Deliveroo sees opportunities from its loyalty program and grocery business. The U.K.-based delivery service on Thursday (Aug. 8) released earnings for the first half of 2024...
