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But he's now seeing that mobile payments can enable new capabilities, like choosing to use rewards points at the point-of-sale , splitting a purchase between payment methods like rewards, a debit card, and a credit card, and mobile order-ahead. PayPal's in-store efforts will come from both PayPal and Venmo and could help address the limitations of their businesses. PayPal could better reach the bulk of retail sales and strengthen its ecosystem to drive more usage. E-commerce accounted for just 10.1% of US retail sales in Q2 2019, per from the US Census Bureau, so even though online retail is growing increasingly popular — it made up an estimated 9.2% of US sales in Q2 2018 — the vast majority of retail sales still occur offline.
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PayPal invested $500 million in Uber's IPO. The company has lost $215.7 million on that investment since.The loss weighed on PayPal's quarterly earnings, and the company said it will change its accounting to exclude the impact of investments like Uber.
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Business Insider wants your nominations for the next leaders of self-driving car tech - Business InsiderBusiness Insider wants to find the next wave of autonomous driving stars. Tell us who tomorrow's industry leaders are. Why should my car be a self-driving? Driving is fun. If I don‘t want to drive I can order a taxi or go by bus or train.
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Uber delivers mixed Q3 earnings results - Business Insider - Business InsiderUber accelerated revenue growth in its core ride-hailing segment after more than a year of stagnation, but still has a net loss of $1.2B in Q3 2019.
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Starbucks pickup-only store could change coffee industry - Business InsiderI visited the first Starbucks Pickup store, an order-ahead Starbucks with no seating, and I'm convinced it could change the fast-coffee world. Will it make pick up faster lol This is the future, even for groceries and fast food. 'Display Retail' is very expensive.
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