-
Uber's Food Delivery Service Could Become A Big Part Of Business
Friday, August 21, 2015 - 12:17pm | 320Read More...The ride-sharing service Uber recently rolled out a new service called UberEATS, which customers in certain cities can use to order prepared meals. At first, the offering appeared to be a pilot program that was testing the waters for a wide-scale rollout, but a recent update to the company's app...
-
Get To Know UberEATS
Monday, August 17, 2015 - 1:25pm | 409Read More...In a report published Monday, Cowen And Company analyst Kevin Kopelman discussed Uber’s next major initiative (dubbed UberEATS) and what it means for other food delivery services. Kopelman pointed out that in major cities (such as New York, Los Angeles, Barcelona), the “UBER”...
-
What Does O2O Mean For The Future Of E-Commerce?
Sunday, August 16, 2015 - 7:35pm | 816Read More...Alibaba Group Holding Ltd (NYSE: BABA) has been promoting its recent $4.63 billion investment in consumer electronics retailer Suning Commerce Group Co Ltd as its latest push toward “O2O.” O2O is a buzzword within the e-commerce community for “online-to-offline,” but what...
-
Barron's Recap: An ETF Special Report
Sunday, August 2, 2015 - 3:41pm | 806Read More...This weekend in Barron's online: the former Wells Fargo Advisors CEO who answered God's call, a special report on exchange traded funds, as well as the prospects for Starbucks, Linn Energy, LG Display, TreeHouse Foods and more. Cover Story "Answering God's Call" by Ed Finn. This week's cover story...
-
Uber To Shift Into Financial Services
Thursday, July 30, 2015 - 7:41am | 335Read More...Uber, the car-sharing app that has taken the world by storm, is planning to expand its reach in the coming months. The company announced on Wednesday that it would begin piloting a leasing program that will allow new drivers to borrow from its newly developed leasing subsidiary in order to...
-
Microsoft Restructuring Details Are In: $7.6 Billion Charge, 8,000 Jobs Cut
Wednesday, July 8, 2015 - 9:45am | 290Read More...Microsoft Corporation (NASDAQ: MSFT) on Wednesday released restructuring details which primarily focus on its phone hardware business to "better focus and align resources." As part of the restructuring, Microsoft will record an impairment charge of $7.6 billion related to assets associated with its...
-
PayPal Is The Purest Pure-Play On Mobile Payments, Says BMO
Wednesday, July 1, 2015 - 9:23am | 338Read More...In a report published Tuesday, BMO Capital Markets analyst Paul Condra discussed the U.S. online payment services industry, noting that strong and sustainable growth rates are expected over the mid-term as online commerce continues to grow. Condra estimated the total revenue opportunity for...
-
Microsoft Turning Over Ad Business to AOL, Map Technology To Uber
Tuesday, June 30, 2015 - 9:01am | 407Read More...Microsoft Corporation (NASDAQ: MSFT) has announced a pair of deals in its latest efforts to cut back on its non-profitable online operations. Reuters reported that Microsoft has reached deals with AOL, Inc. (NYSE: AOL) and Uber to take over Microsoft’s display advertising business...
-
Uber French Executives Arrested By Paris Police
Monday, June 29, 2015 - 12:46pm | 266Read More...Two executives of Uber were arrested in France on Monday, according to multiple reports. Uber France CEO Thibaud Simphal and Uber Europe GM Pierre-Dimitri Gore-Coty were taken into custody for questioning over "illicit activity," a spokeswoman for the Paris prosecutor told the BBC....
-
Car Sharing Rises In Popularity
Thursday, June 25, 2015 - 1:29pm | 393Read More...The sharing economy has taken off in the U.S. as companies like Uber and Airbnb encourage the public to share and share alike. However, the trend has taken hold in an unexpected arena— the auto industry. Luxury Goes Economical BMW AG is taking a bold step into the idea of car sharing with a new...
-
Who's The Next Fitbit?
Thursday, June 25, 2015 - 8:47am | 529Read More...Things initially looked up for Fitbit Inc (NYSE: FIT), which had its initial public offering earlier this month. The stock soared, rising 52 percent in its debut. Global Equities Research analyst Trip Chowdhry wasn't impressed. In a note to investors, he warned them to "take profits on FIT, as it...
-
MINDBODY CEO Says The Company's Business Model Is Similar To Airbnb And Uber
Friday, June 19, 2015 - 2:59pm | 314Read More...Online wellness services marketplace company MINDBODY, Inc. (NASDAQ: MB) got listed on the NASDAQ on Friday. Rick Stollmeyer, MINDBODY CEO and co-founder, was on CNBC recently to discuss the company’s business model and outlook. Leading Platform For Health And Wellness Industry "...
-
Pre-IPOs Are The New IPOs
Thursday, June 4, 2015 - 1:34pm | 406Read More...Initial Public Offerings used to represent a unique risk-reward scenario for investors looking to get in on a company's high growth potential once it made its way to major markets. However, nowadays companies are remaining private longer in hopes of avoiding the potential pitfalls of being in the...
-
Have Startups Seen Their Heyday?
Tuesday, May 26, 2015 - 1:35pm | 432Read More...There is a growing debate on Wall Street over whether or not U.S. equities have become dangerously overvalued. This month, Federal Reserve Chair Janet Yellen weighed in on the issue, saying that the bank does see markets as overvalued, prompting many traders to begin worrying. Tech Bubble? Now,...
-
Report: Uber Seeks $1 Billion Credit Line; Could Presage IPO
Saturday, May 23, 2015 - 2:48pm | 386Read More...Uber Technologies Inc. wants to obtain a bank credit line worth a $1 billion in a development that could presage an initial public offering for the ride-sharing company. About a half-dozen large banks are expected to form a lending consortium to provide the credit, according to a report Friday...















