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Uber Eats Shuts Down In Several Markets

PYMNTS

In eight countries, it appears that the parent company has decided Uber Eats fails to deliver the desired market clout. As a result, Uber is dropping its online food delivery business in the Czech Republic, Egypt, Honduras, Romania, Saudi Arabia, Ukraine and Uruguay. Careem is an Uber subsidiary focused primarily on the Middle East.

Marketing 161
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Amazon Joins Competitive Food Delivery Market In India

PYMNTS

Seattle-based Amazon is ramping up its operations in India’s growing market by launching Amazon Food, which will deliver prepared meals. Competitors include online food delivery platform Zomato and Swiggy , which raised $43 million from investors last month in a bid to expand into new businesses. The survey shows that 32.8

Marketing 142
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Online Retail Pumps New Fuel Into Warehouse Growth

PYMNTS

Online retail has had a tremendous impact on logistics, further evidence of which emerged on Monday (June 3). The shift toward online shopping is reconfiguring supply chains and shaping the fortunes of industrial landlords, with demand especially high in and around large cities, where eCommerce has taken off fastest.”.

Retail 198
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Teriyaki Madness On Streamlining Operations To Keep Pace With Evolving Trends

PYMNTS

The quick-service restaurants (QSRs) that remain are facing a fiercely competitive market as they attempt to cater to consumers whose preferences have changed significantly since the pandemic’s onset. Taking such steps can enable QSRs to streamline their operations and lead to significant sales gains, he noted.

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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community. billion valuation, making it a unicorn.

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The Race For Online Grocery Shopping Heats Up

PYMNTS

The companies are testing the service in four California and Oklahoma markets, with an eye toward a national launch in 2021. The first big move was the introduction this month of an online marketplace to enhance the popular Kroger Ship service and widely expand the digital assortment of private-label products that Kroger has on offer.

Online 160
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BI Ignite 19: People Want People, and AI-enabled Functionality

Bank Innovation

Customers increasingly expect banks and other financial institutions to meet them where they are with full functionality, said panelists at Bank Innovation Ignite 2019 in Seattle on Tuesday.

Seattle 199