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DICK’S Net Income For 2018 Falls Short

PYMNTS

“For 2018, we delivered earnings near the high end of our expectations, which represents an 8% increase over last year. We will continue to make significant investments in our business to meet our athletes’ ever-changing needs and grow our leadership position in the industry.” Stack said in a press release.

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Expedia Leadership Changes Show Power Of Travel Industry Disruption

PYMNTS

Barry Diller, chairman of the board, and Peter Kern, vice chairman and director, will oversee the company’s executive leadership team. More and more, OTAs [online travel agencies] are moving into that group opportunity,” said Colin Smyth, head of travel at Flywire, in a PYMNTS interview. One example of that?

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Expedia Leadership Shakeup Shows Power Of Travel Industry Disruption

PYMNTS

Barry Diller, chairman of the board, and Peter Kern, vice chairman and director, will oversee the company’s executive leadership team. More and more, OTAs [online travel agencies] are moving into that group opportunity,” said Colin Smyth, head of travel at Flywire, in a PYMNTS interview. One example of that?

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Mastercard: Online Platforms – And Data – Help Cities Tackle Urban Challenges

PYMNTS

The network, launched in 2018, aims to bring various stakeholders together — spanning governments, non-governmental organizations (NGOs), academics, the private sector and others — to share insights and solutions that can be harnessed to make cities safer, more self-sustainable and inclusive. We’re incubating a new paradigm.”.

Data 283
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98
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Amazon’s Saudi Arabia eCommerce Site Debuts

PYMNTS

The feud between Bezos and the Saudi leadership had some analysts speculating that Amazon would curb its business in Saudi Arabia, although this does not seem to be the case. Bezos owns The Washington Post, whose journalist Jamal Khashoggi, a critic of Saudi Arabia’s government, was murdered in October 2018.

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Flutter’s punt on US gambling business FanDuel has played out in spades | Nils Pratley

TheGuardian

The FTSE 100 company’s share of the US online sportsbook market in the last quarter was an astonishing 45% The smartest deal, in hindsight, done in recent years by a FTSE 100 company must be Flutter Entertainment’s purchase in 2018 of a majority stake in FanDuel, a US business running online sports-based fantasy games for prizes.

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