In today’s top news, the inventor of the World Wide Web is auctioning off its source code through an NFT, and Shop Pay will be made available to merchants on Facebook and Google. Plus, Uber Eats users can now order Walgreens products for delivery.
Sotheby’s and Tim Berners-Lee are auctioning off the source code of the World Wide Web via an NFT. Might the bidding, scheduled for later this month, reignite the frenzy for digital collectibles?
Shopify’s Shop Pay “one-click checkout” will be made available to any business selling on Facebook and Google, including those not even on Shopify, later this year. The solution will be available to Facebook ad Instagram merchants this summer and to merchants on Google in late 2021.
Walgreens has added Uber Eats to its roster of delivery partners. Both companies have framed the partnership as a move to make the pharmacy’s wellness-centric offerings more widely accessible.
In under six months, U.S. initial public offerings (IPOs) have already raised $171 billion, which is more than IPOs raised all of last year (a record $168 billion). Corporate valuations have hit a new high amid the pandemic, stimulating IPOs in addition to mergers with special-purpose acquisition companies (SPACs).
Fifty-three million sit-down restaurant customers say they don’t use loyalty programs due to a lack of access — and those restaurants are leaving money on the table as a result. In the latest edition of Delivering on Restaurant Rewards, PYMNTS examines survey data collected from more than 21,000 consumers to identify how they can take quick-service restaurants’ (QSRs’) lead in closing the loyalty demand and revenue gap.
Digital bank customers tend to be ahead of the technology curve, and this extends to how they want to buy insurance: 70 percent would be very interested in getting insurance offers based on their transaction activity. In the Embedded Insurance Report, PYMNTS surveyed 3,500 U.S. consumers to examine why putting insurance offers in the context of purchase prompts is of interest to digital banking customers.
The rise of the robots includes automated, autonomous vehicles as the last mile is being transformed for the digital age. Nuro’s linkup with FedEx and separate long-haul driverless trucking initiatives show the efficiencies that can be wrought from logistics with the aid of advanced tech.