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DoorDash Valuation Could Hit $28 Billion, As Firm Says It Only Has 3 Pct Of US Market

PYMNTS

market for food delivery. Our [gross order volume] in 2019 represented less than 3 percent of this off-premise spend, highlighting the large addressable opportunity ahead of us in the food vertical alone,” DoorDash wrote in its recent S-1 filing. “We We believe we are in the early phases of broad market adoption.”.

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Bank Marketing AI – Our 14 Favorite Applications That Will Change Your Bank

South State Correspondent

If you are looking to see the future of how banks will utilize artificial intelligence (AI), look no further than marketing. Even if you are not a bank marketer, this article is worth a read to understand AI’s capabilities. Bank marketing AI is ground zero to showcase the transformation that is already taking place.

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Toys”R”Us, Millennial Moms And In-Store Omni — Oh My!

PYMNTS

And though men have made up some ground on the domestic front, millennial moms are still a force to be reckoned with. As it is in nearly every other generational subsection, millennial moms love mobile. Perhaps that’s why Toys”R”Us is trying out a new omnichannel fix across its Canadian footprint.

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The Millennial Effect In Payroll Tech

PYMNTS

Last year, researchers confirmed that millennials are now the largest demographic of the U.S. From the BYOD and enterprise mobility movements, to changing habits in how millennials apply for their jobs in the first place, a younger workforce presents knock-on effects for the entire corporation. Take, for instance, payroll.

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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. That group has seen a 129 percent gain and its market capitalization has hit over $14 billion, the Financial Times wrote, over $5 billion ahead of the runner up. The number of small U.S. Nicholas Bohnsack , president of U.S.

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Digital Banking, With Millennial, Mobile – And Governmental – Tailwinds

PYMNTS

As spotlighted in the Digital Banking Tracker , the global digital banking market is slated to grow by 16 percent, compounded annually. As many as 72 percent of bridge millennials say mobile apps are important for accessing bank accounts. The age of personalized service is upon us. Circling back to the U.K.,

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Afterpay US CEO On The Changing Face Of Luxury In A Post-Pandemic World

PYMNTS

CEO of Afterpay , recently told Karen Webster that consumers — particularly millennials and Generation Z — were already showing distinct preferences for digital commerce and paying with debit cards rather than credit cards. And it really depends on their target demographic and where they operate.”. Nick Molnar , co-founder and U.S.

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