Mexican grocery delivery startup Justo has decided to enter Brazil, placing an initial investment of $40 million into its expansion efforts into the new market.
Prior to taking on the decision to launch in Sao Paolo, Justo raises over $100 million in funds to expand in Mexico, its original market....
Chipotle surpassed Wall Street's expectations when they posted their first-quarter earnings of 2021. Apparently, their knight in shining armor was their digital sales, which more than doubled during the pandemic.
Due to hordes of people being forced to stay at home, Chipotle could've crumbled in the wake of these changes....
Bank of America Corp joined its biggest rivals in capitalizing on the stock market bonanza that occurred this year. With the NYSE enduring a wild ride, BofA experienced a 17% rise in sales and trading throughout the first quarter, with equities and underwriting more than tripling.
During a conference call...
Home sales have been plunging dramatically as of late. In fact, February saw home sales plunge throughout all regions of the United States.
The National Association of Realtors has determined that home sales went down 10.6% from the previous month, making it the second month in a row in which...
Digital payments provider SumUp revealed on Tuesday that it has borrowed a sum of 750 million euros ($894 million) from backers led by Goldman Sachs. These funds will be used to fuel the London-based company's acquisitions and new product efforts, with the end goal of continuing its global expansion.
In...
Anglo-Dutch food delivery company JustEatTakeaway.com announced on Wednesday that it expects to realize another sales surge in 2021 following its skyrocketing full-year earnings for 2020. This initial surge in online orders was spurred by the lockdowns that came as a consequence of the coronavirus pandemic outbreak in March 2020.
JustEatTakeaway.com...
Rivian Automotive Inc., an electric-vehicle startup that has received financial backing from both Amazon.com Inc. and Ford Motor Co., is determined to go public as soon as September 2021. According to sources that are familiar with the company, Rivian is expecting a valuation of $50 billion at the time...
Retail sites for silver find themselves overwhelmed by an excess demand for both silver bars and coins this week. This surge in demand has likely rolled over from last week's frenzy, whereby an unprecedented amount of orders for physical assets were placed.
As a result, silver futures surged by more...