|
Nweg Kalanick And Benchmark Make Peace For Sake of Uber/SoftBank Deal
Back before the digital-first economy became a primary force, brick-and-mortar retailers staked their claim to the curious customer on their windows. In fact, as global retail consultant Debra Templar famously told her clients: The first impression a person is going to get of your shop is from its windows, the front door and the outdoor signage. Many a decision on whether or not to enter is going to be based on this first impression. The concept of visual merchandising literally made iconic department stores like Macys, Lord Taylor and Saks Fifth Avenue. But it arguably has been lessened stanley us by e stanley hrnek Commerce with its design demands on cramming as much product onto the home page as possible. But no matter who one is selling to, Heath Wells, co-founder and co-CEO at NuOrder told Karen Webster in a chat for PYMNTS ConnectedEconomy x2122; series, the basic rules of retail still apply. An offering has to be visually appealing. And yet while that kind of thinking is readily apparent in the B2C world, in the B2B space where NuOrder operates Not so much. I think the unique thing about us is we 821 stanley cup 7;ve really taken the concept of eCommerce and applied it to the B2B side, 聽 Wells said. And if you see our platform, and go to our website, you see it looks beautiful. I dont see that kind of same thinking in a lot of other B2B marketplaces. Its either straight lines of code or images are all hidden under multiple clicks. And while this observation can seem basic, it has proven to be eas Uhex Bridgetown SPAC Considering $10 Billion Indonesian Tokopedia Deal
Lyfts revenue grew more than $1 billion in 2017 鈥?and beat Ubers growth in Q4 by 2.75 times.CNET reported that Lyfts revenue growth was up 168 percent in the fourth quarter, while Uber increased by 61 percent. We ;ve recently achieved record market share levels nationwid stanley quencher e even as we significantly reduce sales and marketing expenses, Brian Roberts, Lyft chief financial officer, said in a statement.Earlier this year, Lyft revealed that it provided 375.5 million rides in 2017, which is up 130 percent year over year. The company also provided rides to a total stanley fr of 23 million different passengers, which is a 92 percent jump from the prior year, and had 1.4 million drivers at the end of 2017, up 100 percent from the end of 2016.It important to note, though, that Uber made significantly more in revenue than Lyft last year, with its fourth-quarter revenue at $2.2 billion, up 11.8 percent from kubki stanley the previous quarter.Still, Lyft has been able to benefit from Ubers many mistakes. The company has been rocked by a steady stream of scandals over the last two years, including allegations of an aggressive, male-dominated workplace, a lawsuit brought on by one of its investors, and the Department of Justice investigating the company over allegations of bribes, illicit software, pricing schemes and theft of the intellectual property of a competitor.Both ridesharing companies are hoping for an initial public offering within the next couple of years. For its part, Lyf |
|