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Uber Eats Says Customers Donated $3M To Help Unemployed Workers

PYMNTS

The San Francisco-based online food ordering and delivery service launched by Uber in 2014 said it will match up to $3 million in contributions made by customers, according to TechCrunch. The top five most generous states were Washington, Vermont, Montana, Connecticut and South Carolina, the report noted.

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Rescuing The Restaurant Business From App Decline

PYMNTS

The model for the DineVite online and mobile app is actually similar to social media. What will factor into any restaurant or restaurant group’s success in tomorrow’s online world are the numbers and demographics of just how tourist-traveled your city, town, or region is going forward.

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Four Finovate alums made up 40% of the weekly total: Taulia raised $46 million for its financial supply-chain management system. Financial supply chain management. Online marketplace for real estate investing. Derivative risk management. HQ: Charleston, South Carolina. Online consumer lending.

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Playing Chess With Amazon: Target’s Competitive Strategy

PYMNTS

That space at brick-and-mortar locations can then be reallocated to fulfilling digital orders rather than shipping those from the warehouse, which the company says will reduce costs and enable it to respond faster to “buy online, pick up in store” orders. Bricks In The Wall. A True Contender In The Race Against Amazon.

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