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Today In Payments: Facebook Closes $5.7B Deal For Stake In Reliance Jio; GM Shutters Its Car-Sharing Platform

PYMNTS

billion deal on Tuesday (April 21) for a minority stake in Indian telecom startup Reliance Jio, giving the social media giant a larger foothold in the region. Maven had already began winding down the number of cities in which it operated, shutting down in major markets like Boston, Chicago and New York City.

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Making A Plant-Based Jerky For The Lone Star State

PYMNTS

In another nod to the Lone Star State’s geographical landscape, each of the company’s flavors represents a different region in the state. The Market. All Y’alls Foods’ target market is broader than just vegetarians. Christoffel said that the firm can cost-effectively engage in that type of marketing.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

That’s not a new development. Market share is simply shifting away from big chains that haven’t successfully innovated, flowing instead to new models for creating and selling food to customers. The sophisticated food hall: North 3rd Street Market (Brooklyn). table of contents. Photo credit: Tasting Table.

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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Pets.com catapulted into the American consciousness via an all-out marketing blitz that included appearances at the 1999 Macy’s Thanksgiving Day Parade and the 2000 Super Bowl. Launched in February 1999, Pets.com sought to capitalize on widespread internet access and a $23B pet supplies market by selling products directly to consumers.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Telehealth technology is estimated to be a $43B market, according to CB Insights’ Industry Analyst Consensus. In March, the FDA eased restrictions related to marketing claims, allowing developers of remote patient monitoring devices to pitch their devices to hospitals. market by 2025 prior to the onset of Covid-19.

Industry 101