Sales & Marketing news

• The hot healthcare startup Oak Street surged to a $9.5 billion valuation in its IPO. Here are the investors and execs who stand to make the most.

  06-08-2020 23:32 via feedproxy.google.com
  
  The primary care startup Oak Street Health started trading on Thursday after pricing its shares at $21 apiece. Shares closed up 90% at $40 each.
  The company will raise a little over $328 million after offering 15.6 million shares.
  The founders of the company and its backers including General Atlantic hold stakes worth hundreds of millions after the initial public offering.
  Visit Business Insider's homepage for more stories.The primary-care startup Oak Street Health just surged in its IPO, delive
  
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• Uber reports a $1.78 billion loss as its food-delivery business outshines rides for the first time (UBER)

  06-08-2020 22:19 via feedproxy.google.com
  
  Uber on Thursday reported a wider loss in the second quarter than Wall Street expected.
  The company's main rides business was hit hard by the coronavirus pandemic. To help make up the difference, it leaned on food delivery — which for the first time generated more revenue than its ride-hailing business.
  Shares fell as much as 5% in after-hours trading shortly after Uber released its earnings report.
  Visit Business Insider's homepage for more stories.Uber on Thursday reported second-quarter
  
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• US stocks climb as better-than-expected jobless claims offset stimulus concerns

  06-08-2020 22:17 via feedproxy.google.com
  US stocks climbed on Thursday as better-than-expected jobless claims offset lingering stimulus worries.
  Gold notched another record high as investors continued to pile into the safe-haven asset.
  Investors continue to watch for signs of progress on the next stimulus bill from Washington.
  Read more on Business Insider.
  US climbed on Thursday as better-than-expected jobless claims offset lingering stimulus worries.
  Futures pared earlier losses and turned positive after the Labor Department said ini
  
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• Structuring internally to win in e-commerce

  06-08-2020 01:08
  
  As more brands pivot to online retail during COVID-19, it’s important to get the right structure within the business internally to ensure success; brands need to take a modular approach when looking at a model for growth in e-commerce, says OMG...
  
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• New SVOD viewing habits will stick post-lockdown

  06-08-2020 01:08
  
  In the debate about which consumer media habits will stick post-lockdown, new data from Ofcom suggests the shift to SVOD is here to stay.
  
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• McDonald’s ad strategy in support of Black Lives Matter

  06-08-2020 01:08
  
  McDonald’s, the restaurant chain, has demonstrated its support for the fight against racial injustice, with advertising that focuses on experiences and stories from the Black community and which is not overly branded.
  
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• IPL seeks new title sponsor

  06-08-2020 01:08
  
  The finances of next month’s India Premier League have been disrupted as title sponsor Vivo has agreed with the Board of Control for Cricket in India to take a pass on this year’s event in view of the anti-China sentiment in the country.
  
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• Biden campaign outlines ad strategy

  06-08-2020 01:08
  
  Democratic nominee Joe Biden’s presidential campaign is aiming to spend heavily on TV ads in the run up to the election and will also utilise 60-second spots, all of which stands in contrast to the Trump campaign.
  
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• Asia’s insurance industry sees digital opportunities

  06-08-2020 01:08
  
  Asia’s consumers are looking at insurance purchases in a different light because of COVID-19 and the industry needs to adapt its communications and purchase paths accordingly.
  
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