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Online Food Delivery Is Having A Bright Moment — But Clouds Are Gathering

PYMNTS

India-based online food ordering and delivery platform Swiggy has reportedly spent about $7.3 million to buy Scootsy , another Indian firm that offers online food delivery services. That said, online food delivery is having its moment. China, too, provides evidence that online food delivery remains a hot proposition.

Online 106
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Possible Sale Of Cars.com Comes Amid Stronger Digital Ties For Automotive

PYMNTS

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. The service said it attracts some 19 million unique monthly visitors to its online automotive marketplace. and autoscout24.de. and autoscout24.de.

Indiana 105
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Big Names Embark On Spring Hiring Sprees

PYMNTS

The decision was made in support of the company’s $11 billion multi-year investment plan to increase Home Depot’s lead over brick-and-mortar competitors such as Lowe’s , as well as keeping ahead of online competitors including, but not limited to, Amazon. The company is investing $3.4 Yep – that means hiring.

Vermont 100
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The Real Hunger Games: A Battle Royale In The Grocery Aisles

PYMNTS

The easiest possible summary is that in a post-apocalyptic future, the United States has become the Kingdom of Panem, which consists of a rich, technologically vibrant capital city ringed by 12 impoverished agrarian or industrial districts that are exploited for their resources by wealthy residents of the capitol. Weaknesses.

Branding 101
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From China With Love: AI, Robotics, AR/VR Are Hot Areas For Chinese Investment In US

CB Insights

We define Chinese investment as participation in private financing rounds by investors (corporate, venture capital, angel, private equity, etc.) In May, Tencent opened an AI research lab in Seattle focused on speech recognition as it looks to apply AI research to its social media, online games, and cloud services.

US 32
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A Brief History Of Libra

PYMNTS

Mastercard, Visa, PayPal, Stripe, PayU, Andreessen Horowitz, Union Square Capital, Coinbase, Xapo, eBay, Uber, Lyft, Farfetch, Mercado Pago, Spotify and Vodafone are just a short sampling of the 28 founding members of the Libra Association, which will collectively develop the charter for the organization and frame its governance structure.