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Postmates Raises $100M As Online Food Delivery Heats Up

PYMNTS

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Meanwhile, the eCommerce operator and logistics heavyweight continues investing in its delivery fleet.

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Drizly To Test Online Orders, Store Pickup

PYMNTS

Drizly, the alcohol delivery platform startup, is testing the ability for customers to buy online and pick up their spirits in a store. Drizly isn’t a company that operates its own stores, but rather it works with liquor stores in 27 markets around the United States that give Drizly their inventory and pricing lists.

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Data Shows 42 Pct Of Small Cap US Businesses Failing To Turn Profit

PYMNTS

The Russell 2000 index shows 42 percent of small-caps are either just breaking even or operating a loss. Bigger companies have been faring better by comparison, with investors taking solace in large caps and the Russell 1000 index down only 3.3 The number is the highest since 2010’s 44 percent, the index says.

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Designer Brands Reports 44.7 Pct Drop In Net Sales Amid Pandemic

PYMNTS

The company operates almost 1,000 retail stores under names like DSW Designer Shoe Warehouse and The Shoe Company. percent for the first quarter of 2020, in comparison to a 3 percent rise in the same quarter of fiscal 2019, according to an announcement. reported that net sales plunged by 44.7 percent to $482.8 Comparable sales fell 42.3

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iPrice Group Notches $10M In Series B Investment

PYMNTS

With a round led by ACA Investments, comparison shopping platform iPrice Group has notched $10 million in Series B funding. Its last announcement for fundraising was in 2018 from the venture capital arm of Line. million items from over 1,500 online shopping partners. The company’s total funding to date is approximately $19.8

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CoverHound Raises $58M For Expansion Of Insurance Platform

PYMNTS

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.

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Is Online Lead Generation Inherently Deceptive?

CFPB Monitor

This post is the third in a series we’re writing on the FTC’s workshop on online lead generation entitled Follow the Lead. In our first post , we explored how online lead generation works. If that’s so, then all marketing is deceptive, especially in the online world, because all marketing works that way. Theodore R.

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