Home / Tech News / Walmart Grocery app sees record downloads amid COVID-19, surpasses Amazon by 20%

Walmart Grocery app sees record downloads amid COVID-19, surpasses Amazon by 20%


expects $8 to $10 million in charges due to severance and benefits costs. Yelp shares are trading at $21.74, up 0.46% compared to yesterdayu2019s closing price.n

""n”,”protected”:false},”excerpt”:”rendered”:”

Yelp co-founder and CEO Jeremy Stoppelman announced in an internal email that the company is going through difficult times. Yelp has to cut expenses, which means a large round of layoffs and some additional measures. 1,000 employees have been laid off. According to an SEC filing, Yelp had 5,950 employees as of December 31, 2019. […]n”,”protected”:false,”author”:7636871,”featured_media”:1188755,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”relegenceEntities”:[],”relegenceSubjects”:[],”jetpack_publicize_message”:”Yelp lays off 1,000 employees and furloughs 1,100 more https://tcrn.ch/2VbaGhU by @romaindillet”,”categories”:[449557102,11160,15835174],”tags”:[246990],”crunchbase_tag”:[198930808],”tc_stories_tax”:[],”tc_event”:[],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2015/07/yelp-earnings1.png”,”jetpack_publicize_connections”:[],”shortlink”:”https://tcrn.ch/2VbaGhU”,”rapidData”:”pt”:””,”pct”:””,”featured”:false,”subtitle”:””,”fundingRound”:false,”seoTitle”:””,”seoDescription”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”tc_cb_mapping”:[“slug”:”yelp”,”cb_name”:”Yelp”,”cb_slug”:”yelp-organization”,”cb_link”:”https://crunchbase.com/organization/yelp”],”associatedEvent”:null,”event”:null,”authors”:[7636871],”hideFeaturedImage”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/1972610″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=1972610″],”version-history”:[“count”:1,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/1972610/revisions”],”predecessor-version”:[“id”:1972615,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/1972610/revisions/1972615″],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/7636871″],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=1972610&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/7636871″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/1188755″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=1972610″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=1972610″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=1972610″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=1972610″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=1972610″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=1972610″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:7636871,”name”:”Romain Dillet”,”url”:”https://twitter.com/romaindillet”,”description”:”Romain Dillet is a Senior Writer at TechCrunch.rnrnOriginally from France, Romain attended EMLYON Business School, a leading French business school specialized in entrepreneurship. He covers many things from mobile apps with great design to fashion, Apple, AI and complex tech achievements. He also speaks at major tech conferences. He likes pop culture more than anything in the world.rnrnHe now lives in Paris when heu2019s not on the road. He used to live in New York and loved it.”,”link”:”https://techcrunch.com/author/romain-dillet/”,”slug”:”romain-dillet”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/2e71de62bf8a99d74a58f1546494fe82?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/2e71de62bf8a99d74a58f1546494fe82?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/2e71de62bf8a99d74a58f1546494fe82?s=96&d=identicon&r=g”,”links”:”twitter”:”https://twitter.com/romaindillet”,”linkedin”:”https://www.linkedin.com/in/romaindillet/”,”crunchbase”:”https://www.crunchbase.com/person/romain-dillet”,”position”:”Senior Writer”,”cbDescription”:”

Romain Dillet is a Senior Writer at TechCrunch.nn

Originally from France, Romain attended EMLYON Business School, a leading French business school specialized in entrepreneurship. He covers many things from mobile apps with great design to privacy, security, fintech, Apple, AI and complex tech achievements. He also speaks at major tech conferences. He likes pop culture more than anything in the world.nn

He now lives in Paris when he’s not on the road. He used to live in New York and loved it.nn

He owns small amounts of various cryptocurrencies.”,”cbAvatar”:”https://crunchbase-production-res.cloudinary.com/image/upload/v1474198996/bdaopvsaapmuniwou7l2.jpg”,”twitter”:”romaindillet”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/7636871″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”author”:[“id”:7636871,”name”:”Romain Dillet”,”url”:”https://twitter.com/romaindillet”,”description”:”Romain Dillet is a Senior Writer at TechCrunch.rnrnOriginally from France, Romain attended EMLYON Business School, a leading French business school specialized in entrepreneurship. He covers many things from mobile apps with great design to fashion, Apple, AI and complex tech achievements. He also speaks at major tech conferences. He likes pop culture more than anything in the world.rnrnHe now lives in Paris when heu2019s not on the road. He used to live in New York and loved it.”,”link”:”https://techcrunch.com/author/romain-dillet/”,”slug”:”romain-dillet”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/2e71de62bf8a99d74a58f1546494fe82?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/2e71de62bf8a99d74a58f1546494fe82?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/2e71de62bf8a99d74a58f1546494fe82?s=96&d=identicon&r=g”,”links”:”twitter”:”https://twitter.com/romaindillet”,”linkedin”:”https://www.linkedin.com/in/romaindillet/”,”crunchbase”:”https://www.crunchbase.com/person/romain-dillet”,”position”:”Senior Writer”,”cbDescription”:”

Romain Dillet is a Senior Writer at TechCrunch.nn

Originally from France, Romain attended EMLYON Business School, a leading French business school specialized in entrepreneurship. He covers many things from mobile apps with great design to privacy, security, fintech, Apple, AI and complex tech achievements. He also speaks at major tech conferences. He likes pop culture more than anything in the world.nn

He now lives in Paris when he’s not on the road. He used to live in New York and loved it.nn

He owns small amounts of various 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of earnings, SaaS stocks show resilience”,”content”:{“rendered”:”

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.n

This morning we’re taking a brief look at SaaS stocks ahead of earnings, making note of their recent movements (and recovery), and what those somewhat violent movements could mean for SaaS startups as we head into the new economic world.n

Investors generally expect churn (revenue loss) to rise at SaaS firms. For modern software startups that need to raise new capital, more churn means slower growth. If public software companies trip over their earnings reports, clipping their valuations, it could set up a double-bind for a number of startups. Let’s explore.n

A recovery, a returnn

Tracking the value of public SaaS companies is a fun way to understand a piece of the venture capital market. If public SaaS shares rise, their gains help founders raise new money at attractive prices, defending and extending private valuations. When SaaS stocks fall, they do the opposite.



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