Delivery Services

TaskUs Announces Fiscal First Quarter 2024 Results

Retrieved on: 
Mittwoch, Mai 8, 2024
Social Media, Retail, Data Management, Technology, Audio, Video, Communications, Business, Apps, Applications, Professional Services, Electronic Commerce, Electronic Games, Delivery Services, Software, Entertainment, Internet, Webcast, Adjustment, TaskUs, GAAP

For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on its future GAAP financial results.

Key Points: 
  • For the same reasons, the Company is unable to address the probable significance of the unavailable information, which could have a potentially unpredictable, and potentially significant, impact on its future GAAP financial results.
  • TaskUs senior management will host a conference call today to discuss the Company’s first quarter 2024 financial results and financial outlook.
  • To listen to a live audio webcast, please visit TaskUs’ Investor Relations website at IR.Taskus.com.
  • At the time of the conference call and webcast, the Company will post a slide presentation and other materials on its website.

Uber Announces Results for First Quarter 2024

Retrieved on: 
Mittwoch, Mai 8, 2024
Retail, Technology, Transportation, Apps, Applications, Other Automotive, Travel, Online Retail, Other Transport, General Automotive, Transport, Delivery Services, Automotive, Software, Logistics, Supply Chain Management, Internet, Mobile, Wireless, Research, Partnership, Contra, Parent, Nuna, Accounting, GAAP, Disclosure, Corporation, Transportation management system, Super Bowl, City, Yoy, Information technology, Restaurant, NOS, EV, Culture, Uber Eats, Uber, Safety, Biophysical environment, Carbon, Mitsubishi Electric, Bowl game, Electric vehicle, Marketing, Coop, Cooperative, G&A, Quarter, The Walt Disney Company, Media Markt, Meal, Game day, Regulation Fair Disclosure, Kia, ESG, Caregiver, Regulation, Ocean, Weis Markets, Ridesharing

The YoY increase was primarily attributable to an increase in Mobility Gross Bookings due to an increase in Trip volumes.

Key Points: 
  • The YoY increase was primarily attributable to an increase in Mobility Gross Bookings due to an increase in Trip volumes.
  • Business model changes negatively impacted Mobility Revenue Margin by 180 bps in Q1 2024.
  • Taxis: Brought the majority of Hong Kong taxi supply onto Uber by integrating HKTaxi onto the Uber app, and began scaling Los Angeles Yellow Cab trips.
  • A live audio webcast of our first quarter ended March 31, 2024 earnings release call will be available at https://investor.uber.com/ , along with the earnings press release and slide presentation.

Coupang Announces Results for First Quarter 2024

Retrieved on: 
Dienstag, Mai 7, 2024
Software, Restaurant, Bar, Other Retail, Professional Services, Online Retail, Internet, Fintech, Electronic Commerce, Technology, Delivery Services, Food, Beverage, Retail, Audio, Video, CFO, International, Yoy, Commerce, EPS, FX, FLC, Growth

Coupang, Inc. (NYSE: CPNG) today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • Coupang, Inc. (NYSE: CPNG) today announced financial results for its first quarter ended March 31, 2024.
  • Net income attributable to Coupang stockholders was $5 million, a decrease of $86 million from last year.
  • Adjusted EBITDA for the quarter was $281 million with a margin of 3.9%, down 20 bps from last year.
  • “Our results are a reflection of our commitment to customer experience and operational excellence,” said Gaurav Anand, CFO of Coupang.

Uber Eats to Power Restaurant Delivery on Instacart

Retrieved on: 
Dienstag, Mai 7, 2024
Retail, Technology, Apps, Applications, Other Consumer, Online Retail, Other Transport, Electronic Commerce, Restaurant, Bar, Transport, Delivery Services, Software, Food, Beverage, Public Transport, Consumer, Internet, Mobile, Wireless, Multimedia, Magic, Love, Partnership, Uber, Uber Eats, Food delivery

Instacart (Nasdaq: CART) and Uber Technologies, Inc. (NYSE: UBER) today announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers.

Key Points: 
  • Instacart (Nasdaq: CART) and Uber Technologies, Inc. (NYSE: UBER) today announced a strategic partnership to bring Uber Eats restaurant delivery to Instacart customers.
  • In the coming weeks, Instacart customers nationwide will be able to use the Instacart app to order from hundreds of thousands of restaurants, powered by Uber Eats.
  • Instacart+ members will also get even more value from their membership at no additional cost, with $0 delivery on grocery and restaurant orders over $35.
  • “Whether it’s ingredients for a beloved family recipe, a prepared meal from a nearby grocer or takeout from a favorite restaurant – customers can now get the food they want, from the retailers and restaurants they love, all within the Instacart app.”
    For Uber, powering restaurant delivery in the Instacart app is another way to help drive more orders to Uber Eats restaurant partners.

Aramark Reports Second Quarter Earnings

Retrieved on: 
Dienstag, Mai 7, 2024
Restaurant, Bar, Food, Beverage, Supply Chain Management, Retail, Delivery Services, Corporation, Sale, AOI, Forecasting, Growth, Free cash flow, Debt, Risk, EPS, GAAP, Aramark, Security (finance)

The segment reported record second quarter profitability, despite not having the contribution of AIM Services following the Company's sale of its noncontrolling interest in the third quarter of fiscal 2023.

Key Points: 
  • The segment reported record second quarter profitability, despite not having the contribution of AIM Services following the Company's sale of its noncontrolling interest in the third quarter of fiscal 2023.
  • The second quarter generated a cash inflow associated with Aramark's normal seasonal business cadence.
  • Net cash provided by operating activities during the second quarter was $221 million, and Free Cash Flow was $140 million.
  • In the second quarter, Aramark proactively repriced its 2028 Term Loan B of $730 million and 2030 Term Loan B of $1.1 billion at lower interest rates.

OneRail Launches Inventory Visibility Solution to Combat Shrinkage and Increase Efficiencies

Retrieved on: 
Montag, Mai 6, 2024
Other Transport, Trucking, Fleet Management, Home Goods, Rail, Retail, Air, Transport, Automotive, Software, Supply Chain Management, Online Retail, Data Management, Logistics, Technology, Delivery Services, Other Retail, Apps, Applications, Heart, Theft, Research, T-Mobile, Success, API, Life, Intelligence, SKU, Movement, Face, Multimedia, Warehouse

Shrinking Shrinkage: Study Offers Inventory Visibility Solutions -- To better understand how product shrinkage happens and how to eliminate it, OneRail commissioned an independent research firm to survey 300 logistics leaders. Download your copy: https://www.onerail.com/shrinkage-study/ (Graphic: Business Wire)

Key Points: 
  • OneRail , an innovative provider of solutions in last mile omnichannel fulfillment, announces the launch of a new Inventory Visibility solution within its OmniPoint® cloud-based platform to address the growing challenge of product shrinkage that shippers face.
  • View the full release here: https://www.businesswire.com/news/home/20240506159274/en/
    Shrinking Shrinkage: Study Offers Inventory Visibility Solutions -- To better understand how product shrinkage happens and how to eliminate it, OneRail commissioned an independent research firm to survey 300 logistics leaders.
  • OneRail’s OmniPoint Inventory Visibility solution tracks the movement of product orders down to the item level by integrating with other management systems that provide inventory, order and transportation data to offer real-time location status.
  • To access the OneRail report, Shrinking Shrinkage: Solutions for Improving Inventory Visibility, visit: https://www.onerail.com/shrinkage-study/ .

RICE 2024 Announces a Stellar Speaker Lineup for Summer Conference in Chicago

Retrieved on: 
Donnerstag, Mai 2, 2024
Footwear, Restaurant, Bar, Office Products, Jewelry, Convenience Store, Catalog, Delivery Services, Bridal, Toys, Other Retail, Home Goods, Wine & Spirits, Tobacco, Supply Chain Management, Supermarket, Online Retail, Specialty, Luxury, Discount, Variety, Department Stores, Food, Beverage, Fashion, Cosmetics, Retail, Organic Food, Science, Walmart, Corporate title, Primark, RICE, Social media, News, EVP, Strategic management, The Royal Group, Commerce, Marketing, User experience, Conference, McCormick Place, Zappos, SVP, Liquid Death, Amazon Fresh, Female, Growth, Video game

The Retail Innovation Conference and Expo (RICE), the go-to annual event for retail and brand executives, today announced its speaker lineup for the 2024 conference taking place June 4-6 at McCormick Place, Chicago.

Key Points: 
  • The Retail Innovation Conference and Expo (RICE), the go-to annual event for retail and brand executives, today announced its speaker lineup for the 2024 conference taking place June 4-6 at McCormick Place, Chicago.
  • This year, RICE will feature top speakers from both heritage and emerging retail brands, including Michaels, Petco, Liquid Death, and Babylist.
  • “The Retail Innovation Conference has always been known for curating thought-provoking content,” said Erica Brant, RICE Conference Content Manager, “and this year is going to be even better.
  • Keep up with the latest news from RICE on Facebook , X (formerly Twitter) , Instagram , and LinkedIn .

Pitney Bowes Announces First Quarter 2024 Financial Results

Retrieved on: 
Donnerstag, Mai 2, 2024
Other Retail, Technology, Professional Services, Electronic Commerce, Small Business, Delivery Services, Transport, Other Technology, Retail, Logistics, Supply Chain Management, Hardware, Pitney Bowes, EPS, Adjustment, GAAP, Pharmaceutical industry

Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2024.

Key Points: 
  • Pitney Bowes (NYSE: PBI) (“Pitney Bowes” or the “Company”), a global shipping and mailing company that provides technology, logistics, and financial services, today announced its financial results for the first quarter 2024.
  • “We came out of the gate strong with first quarter results that reflect enterprise-wide changes in our operating intensity and efficiency efforts.
  • Global Ecommerce grew domestic parcel volumes in a challenging market and reduced operating expense as we continue efforts to maximize value.
  • We are very encouraged by improvements in execution over the past six months and our results for the first quarter in particular.

Ryder honored as a 2024 VETS Indexes Recognized Employer

Retrieved on: 
Mittwoch, Mai 1, 2024
Automotive, Labor, Delivery Services, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, Public Policy, Government, General Automotive, Defense, Retail, Human Resources, Other Transport, Military, Trucking, Rail, Transport, Professional Services, Fleet Management, Veterans, Online Retail, Organization, System, Sale, Employment, University, Workforce, Multimedia, Running, Veteran, National Guard

Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, has earned the designation as a VETS Indexes Recognized Employer in the 2024 VETS Indexes Employer Awards .

Key Points: 
  • Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and fleet management solutions, has earned the designation as a VETS Indexes Recognized Employer in the 2024 VETS Indexes Employer Awards .
  • View the full release here: https://www.businesswire.com/news/home/20240501552738/en/
    The VETS Indexes Employer Award recognizes Ryder’s commitment to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community.
  • Ryder is honored to be recognized by VETS Indexes, but more importantly, we are proud of the veterans who work at Ryder and extend our deepest gratitude to all veterans for their service, sacrifice, and dedication.”
    “The diligent efforts of Ryder to hire, retain, and support veterans and the military-connected community have earned the organization a highly coveted VETS Indexes Employer Award,” says George Altman, president of VETS Indexes.
  • “Competition for the VETS Indexes Employer Awards was tougher than ever in 2024, as a record number of organizations participated.

DoorDash Releases First Quarter 2024 Financial Results

Retrieved on: 
Mittwoch, Mai 1, 2024
Restaurant, Bar, Retail, Technology, Delivery Services, Software, Q/Q, GOV, Hope, Marketplace, Economics, Depreciation, Insurance, Research, Marketing, Advertising, DoorDash, Growth, Y/Y, Mobile phone

We continued to increase selection on our DoorDash Marketplace and our Wolt Marketplace (the "Marketplaces") in Q1 2024, both inside and outside of the restaurant category.

Key Points: 
  • We continued to increase selection on our DoorDash Marketplace and our Wolt Marketplace (the "Marketplaces") in Q1 2024, both inside and outside of the restaurant category.
  • In Q1 2024, Total Orders increased 21% Y/Y to 620 million and Marketplace GOV increased 21% Y/Y to $19.2 billion.
  • Total Orders in Platform Services3 accelerated for the fourth consecutive quarter and grew faster than Total Orders in our Marketplaces in Q1 2024.
  • Revenue increased 23% Y/Y in Q1 2024 to $2.5 billion, due primarily to the Y/Y increase in Marketplace GOV.