Chase Pay is ending the year with momentum in Mobile payments. Chase Pay recently created the Chase Pay village in New York City's Oculus, and announced a partnership with Kroger. Chase Pay Head of Marketing Dina DeMerell explains what to expect in the new year from the company.
DeMerell says Chase Pay will continue to demonstrate through our campaigns new ways that Chase card customers can save time and money, while paying securely. "We want mobile use to come naturally," says DeMerell. "We need partners where customers are already shopping regularly. That's why we've teamed up with Kroger, with partners like Shell and Starbucks."
In 2018 Chase Pay is looking at not just changing the payment experience, but revolutionizing the whole shopping experience. DeMerell says Chase Pay is looking to make a difference in ways people go about their daily lives.
Mike Proulx, VP and research director at Forrester, joined Cheddar to talk all about Disney's lackluster Q3 earnings after the company reported a slowdown in Disney+ subscriber growth. Proulx discussed a Forrester study that found 45 percent of U.S. adults subscribed to streaming services because of the pandemic but 26 percent had plans to cancel a service over the next two years. "We're always going to look at growth, and we also have to look at engagement," he said. "But both of those metrics come down to having either original or exclusive content that will offer value to the subscriber base."
Anthony Sassine, a senior investment strategist at KraneShares, joined Cheddar to discuss Rivian's historic public debut after the company achieved an $86 billion valuation — more than either Ford or GM. He said the big IPO was a great opportunity for the U.S. to position itself as a leader in the EV space after lagging behind Europe and China. "When you have certainty for growth for the next 10 to 15 years, investors are willing to pay more," he said. "So, this is a massive opportunity for the whole space."
The Department of Justice has filed a lawsuit against Uber, alleging the ride-hailing company discriminates against customers with disabilities. The DOJ is arguing that its two-minute wait period before a cancellation fee is applied violates the Americans With Disabilities Act.
Food delivery giant DoorDash is acquiring European food delivery company Wolt. The all-stock deal is valued at $8.1 billion and is expected to close in the first half of 2022. The companies say they share a mission to build a global delivery platform. Gerber Kawasaki investment advisor Eva Agi joins Cheddar News' Closing Bell to discuss what the deal means for Doordash, as well as its customers and investors.
