Showing 61 results for:
e-commerce
Popular topics
All results
A venture capital firm founder has launched a lawsuit against PayPal, alleging that the company’s diversity and equity program excluded her because she is Asian. Nisha Desai, the founder of Andav Capital, claims she applied for consideration in a $530 million financial commitment PayPal announced in 2020 to support Black- and minority-owned businesses , TechCrunch reported. However, she asserts that she was overlooked due to her Asian heritage, as the program primarily focused on supporting Black- and Hispanic-led enterprises. “Funds majority-owned by individuals of other races, including Asian Americans, are not given equal consideration,” Desai stated in the New York lawsuit, per the outlet. “Worse, PayPal and its senior management have repeatedly trumpeted the program’s focus on race, bragging in statements and press releases that PayPal’s program is for some races and ethnicities and not others.” Desai claims that PayPal has violated Section 1981 of the Civil Rights Act of 1866,...
Reebok is making a comeback in the world of basketball. On Thursday, Dec. 19, 2024, Reebok and the WNBA announced a multi-year agreement designating the global sports culture brand as an authorized footwear supplier for the league. “The WNBA continues to grow with iconic brands, and we look forward to Reebok joining us in driving women’s basketball to new heights and inspiring the next generation,” WNBA Chief Growth Officer Colie Edison said in a statement. “As we continue to capitalize on increased brand awareness, our work with Reebok is another step in bringing more fans to the game.” Reebok has been producing basketball shoes for women since the 1980s. Throughout the 1990s, the brand sponsored some of the best women’s collegiate basketball teams in the country and, in 1997, launched a signature shoe for WNBA player Rebecca Lobo. It’s no secret that Nike is the leading shoe brand among NBA and WNBA players, but other brands have a presence. As of October 2024, six active WNBA...
Amazon has introduced a new delivery service that caters to low-income families to help cut costs and time for grocery shopping. According to a press release, the retail giant unveiled its grocery delivery subscription, which is provided at a lower cost to individuals receiving Supplemental Nutrition Assistance Program (SNAP) benefits. Available in over 3,500 U.S. cities, the subscription provides unlimited grocery delivery on orders more than $35 from Amazon Fresh, Whole Foods Market, and other local grocery retail stores on Amazon.com. Customers who use a registered EBT (electronic benefit transfer) card to purchase groceries aren’t required to have a Prime membership to access the subscription’s benefits, the press release details. The cost for this group of customers is $4.99 per month, and Prime members pay $9.99 per month. Under the new Amazon subscription, both SNAP recipients and Prime members are offered convenience through one-hour delivery windows and 30-minute pickup...
Life’s full-circle moments are always a cause for celebration, even when you’re one of the best players to ever grace the NBA. Allen Iverson has never shied away from being a trendsetter, both on and off the court. According to Deadline, the NBA Hall of Famer has inked a new position with Authentic Brands Group (ABG) to help grow its footprint in entertainment.
Since first leveraging his rap stardom, 50 Cent’s business moves have been nonstop. Deals with the likes of Vitamin Water, Effen Vodka, STARZ, and more have led him to a more than successful business empire, as previously reported by AfroTech. Additionally, 50 Cent has also secured three NBA partnerships for his premium wine and spirits company Sire Spirits.
Instacart is using its technology to help those in need across the United States. According to a press release, the company has expanded the EBT Snap functionality within the application to 10 additional states including Colorado, Hawaii, Idaho, Louisiana, Montana, New Mexico, Oregon, Utah, Washington, and Wyoming. The latest update allows grocers of all sizes to utilize Instacart’s Carrot Payments, which allows the use of EBT SNAP benefits online. Thanks to the platform, nearly 30 million people that are experiencing food insecurity across the nation will have more access to using their benefits electronically to have their groceries delivered straight to their doorsteps. “At Instacart, our goal is to continue unlocking access to nutritious food for those who need it most. We’ve long advocated to expand online EBT SNAP acceptance, and we’re proud to bring this critical service to people in 10 additional states in partnership with grocers that people know, love and trust,” said...
The phrase “greatest of all time” is used loosely. However, when it comes to Allen Iverson, his name is synonymous with GOAT — period. Iverson has achieved great feats within the NBA, including consistently leading his teams to the playoffs and even a stint in the finals, but as a person, he has continued to defy all odds, remain humble, and most importantly, show love where it’s due. As previously reported by AfroTech, there was once a time when Allen Iverson blew through $200 million, yet he still landed on his feet. Today, Allen Iverson reportedly has a $1 million net worth, according to Celebrity Net Worth. Plus, he’s about to reap the rewards of a lifetime deal with Reebok. In most instances, people may dread the thought of growing older, but in this case, the next few birthdays for Iverson will lead him to a huge payday. On his 55th birthday, the Newport News, Virginia native will receive $32 million, thanks to a lifetime deal he has with Reebok, FadeAwaySports reports. Let’s...