Peer-to-peer rental platform Airbnb is approaching an IPO. Its annual sales surpassed Hilton’s in 2018, based on U.S. data, excluding business spending.
Peloton subscriptions are on the rise, and more cyclists are choosing Peloton over SoulCycle.
After New Jersey legalized sports betting, DraftKings and FanDuel launched online Sportsbooks that have led to a flood of big-ticket transactions.
MoviePass’s recent shake-ups—like charging surge fees, ending its movie-a-day plan, and limiting movie selection—have kept subscribers on the edge of their seats. After abandoning the pricing model that made it famous, MoviePass has lost some of its new customer appeal but, through July, existing customers are still sticking with the struggling service. July attracts fewer … Continued
Spending on Twitch, a platform for video game streaming, shows how fast the esports industry is growing. The company's annual U.S. sales doubled last year."
The Supreme Court's ruling could lead to a renaissance for DraftKings and FanDuel, whose U.S. popularity peaked in 2015.