subscriptions

The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product. The model was pioneered by publishers of books and periodicals in the 17th century, and is now used by many businesses and websites.

Source: en.wikipedia.org

Apple Requiring Patreon to Switch to In-App Purchase System
Apple Requiring Patreon to Switch to In-App Purchase System
August 12, 2024  |  Apple

Major changes are ahead for creators on entertainment subscription platform Patreon. Beginning in November, Apple will require Patreon to use the tech giant’s in-app purchasing...

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Gen Z Uses Grocery Subscriptions 133% More Than Gen X
Gen Z Uses Grocery Subscriptions 133% More Than Gen X
August 08, 2024  |  Consumer Insights

As online grocery subscriptions gain in popularity, Generation Z is leading the charge by a considerable margin. By the Numbers PYMNTS Intelligence’s “How the World...

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GoodRX Subscription Revenue Down 8% but Active User Numbers Are Up
GoodRX Subscription Revenue Down 8% but Active User Numbers Are Up
August 08, 2024  |  Earnings

It was a mixed bag of growth and challenges for digital healthcare platform GoodRx during the second quarter. In reporting its second-quarter results Thursday (Aug....

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Lyft Launches Price Lock Subscription Amid Surge in Ridership
Lyft Launches Price Lock Subscription Amid Surge in Ridership
August 07, 2024  |  Earnings

Ride-hailing platform Lyft on Wednesday (Aug. 7) announced performance benchmarks in the second quarter, reflecting strong engagement from both riders and drivers. The company reported a record...

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DoorDash Sees Digital Orders Surge Despite Industry Headwinds
DoorDash Sees Digital Orders Surge Despite Industry Headwinds
August 02, 2024  |  Earnings

As consumers look to cut costs amid ongoing financial pressures, DoorDash is seeing that digital ordering is largely protected from the traffic declines experienced across...

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Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
Fiverr Sees 6% Revenue Rise in Q2 Despite ‘Volatile’ Market for Freelancers
July 31, 2024  |  Earnings

Freelancer platform Fiverr saw its revenue rise 6% year over year, to $94.7 million, in the second quarter of 2024 despite macroeconomic volatility. In the...

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A Day in the Life of Gen Z: Shopping, Subscriptions and Social Media
A Day in the Life of Gen Z: Shopping, Subscriptions and Social Media
July 31, 2024  |  Subscription Commerce

Merchants have much to gain if they find the way to the hearts of Gen Z consumers — and can get them to click on...

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More Than Two-Thirds of US Consumers Now Subscribe to Amazon Prime
More Than Two-Thirds of US Consumers Now Subscribe to Amazon Prime
July 30, 2024  |  Retail

Amazon Prime membership is on the rise, encompassing the majority of consumers, but PYMNTS Intelligence data shows that Walmart’s quickly growing membership is becoming a...

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Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
July 26, 2024  |  Earnings

Spotify Founder and CEO Daniel Ek believes the company’s approach to flexibility for its customers is a key success factor. Second-quarter earnings, reported on Tuesday...

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