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Amazon Gains Ground In Holdout Markets

PYMNTS

Not every product launches smoothly (RIP Fire Phone ), not every new endeavor delivers (Amazon’s flirtations with offering a travel platform ended abruptly) and not every new market immediately yields. The degree to which consumers intend to continue shopping online seems to depend on the types of products and services they purchase.

Marketing 237
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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. PYMNTS surveyed 2,047 U.S.

Marketing 142
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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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How Customer Reviews Provide Lifeblood For Restaurant Operations

PYMNTS

How Customer Reviews Provide Lifeblood To Restaurant Operations. Details gleaned online — including menus and reviews — carry a lot of weight when consumers are deciding where to dine. That focus has only grown amid the takeout- and delivery-only operational shifts due to COVID-19-related social-distancing efforts.

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New Report: SMS-Based Outreach Helps Merchants Authenticate Consumers, Boost Online Sales

PYMNTS

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however. About The Tracker.

Online 272
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Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency Survey Data

PYMNTS

Ant Group was co-founded by Jack Ma, who also helped start the online commerce firm Alibaba. The United Kingdom’s Financial Conduct Authority (FCA) cautions that the results of its recent pandemic resiliency poll show that approximately 4,000 firms operating in the financial services industry don’t have resiliency and could fail.

Survey 172
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Online B2B Marketplaces See New Funding Rounds 

PYMNTS

Ratelt operates as a real-time customer experience management platform, according to reports. Murli Ravi, co-founder of Tin Men Capital has said that “We see synergies between RateIt and other Tin Men portfolio companies, as well as immediate potential with our firm’s go-to-market partners across Southeast Asia.”. ShopKirana.

Online 179