Uber and Lyft reported their second quarter earnings this month. Uber saw its largest quarterly loss, and Lyft raised its revenue outlook. But data shows the market share has barely moved in months.
July saw the market leader, DoorDash, gain more ground, leading up to its announcement that it agreed to acquire smaller rival Caviar. And now, both DoorDash and Postmates look to IPO.
Walmart Grocery has far more delivery and pickup customers than its rivals, but the industry is growing, and Amazon Prime Now and Instacart are on the rise.
Customers dramatically increase their spending at Amazon after joining Prime. Surprisingly, they also increase their spending at Target and Walmart.
Rent the Runway’s sales grew 40 percent year over year, and its subscribers are more likely to stick around after one year than those of Stitch Fix.