There’s one unique twist to this consumer IPO, however: it was actually profitable in the first quarter last year. Blue Apron said it brought in $3 million in profit in the first quarter last year, though it swung to a wildly larger loss in the first quarter this year. While younger companies are expected to […]
Month: June 2017
Fascinating food for thought in the idea that localization is now more important than globalization. Sure, some of the executive comments are Trump-driven rhetoric, but local organizations are highly mobile and that is a result of digitization reaching Main Street. Corporations are on the verge of becoming networks of localized businesses. Local on-demand, as a […]
The vast increase in gamers is a key to understanding the new directions storytelling will take. Games, however, will not be singular channels but a part of a multi-channel approach to storytelling. One may go to a game to discover new information (literal “gamification”) or to experience a different aspect of a wider story. Meeker […]
The program aims at using one of Walmart’s biggest assets – more than a million U.S. store employees – to help close its big e-commerce sales gap with Amazon. Walmart has more than 4,700 stores, putting potential delivery nodes within 10 miles of 90% of the U.S. population. Source: Walmart Tests Having Store Employees Do […]
The Independent Drivers Guild (IDG), which formed last year as an affiliate of an existing labor union, said Wednesday that Lyft has been engaged in “large-scale deception” by improperly deducting more than 11 percent from drivers’ fares on interstate trips. In effect, the ride-hailing company is stealing some of the drivers’ wages by collecting taxes […]
GrubHub Inc. on Tuesday asked an Illinois federal court to toss a proposed class action alleging the take-out delivery service repeatedly sent unauthorized texts to both users and non-users, saying the suit was riddled with fundamental legal flaws. Source: GrubHub Seeks Quick Win In TCPA Class Action – Law360
CNBC’s Deirdre Bosa provides details on the workplace report from Uber that is set to release and what it could mean for the company. Source: Report on Uber’s workplace set to be released
“The DC/Northern Virginia markets are great for Heal because they have a lot of working families with kids, which our core to our user base. DC also has a lot of travelers and tourists, who need doctors when they are away from home. The decision to launch in DC wasn’t completely political, although we understand […]