CORAL GABLES, FL / ACCESSWIRE / February 15, 2019 / The future of the tech stock market is predicated on the belief that the world's most brilliant minds are prepared to innovate and design new technologies to meet the growing demands of society. There's no shortage of success stories among companies in the tech industry, but the most interesting companies are typically those who've dedicated their time to creating technology to improve the quality of life for consumers. These companies, specifically, are putting out high-quality products resulting in an increase of investors looking to the tech sector for potential opportunities. ParcelPal Technology Inc (PTNYF) (PKG), Yelp Inc (NYSE: YELP), GrubHub Inc (NYSE: GRUB), and Fusion Connect Inc (NASDAQ: FSNN) represent four tech companies determined to advance society into the future.
ParcelPal Technology Inc (PTNYF) (PKG), like many other pioneers in the tech industry, was founded to solve a problem; access to food and other essential products. Where the Company has managed to separate itself from the pack has to do with their overall goal being to ultimately improve how people live each day of their lives. ParcelPal created an on-demand marketplace where customers can purchase a myriad of products and, rather than head down to the store, a ParcelPal courier will deliver their items within the hour. The executive leadership team behind ParcelPal Technology Inc (PTNYF) (PKG) believes that parcel delivery should be as hassle-free as possible, regardless of the business. It's no longer a question of what products can be ordered, but, through the Company's platform, how easy can it be to have said products be delivered.
ParcelPal Technology Inc (PTNYF) (PKG) announced towards the end of last month that the Company had formed a partnership with MADD Canada to aid in the continuous fight to prevent impaired driving. According to the announcement, MADD Canada has endorsed ParcelPal as their official delivery service in Canada. As part of the ParcelPal's national rollout campaign, advertising for ParcelPal's service will be seen across the country in various educational forms. Together, MADD Canada and ParcelPal will launch a national awareness campaign focused on educating Canadians on the dangers of impaired driving and the options they have for getting items they want or need without leaving the party.
In a press release regarding the announcement, Kelly Abbott, President, and CEO of ParcelPal Technology Inc (PTNYF) (PKG), explained that “as ParcelPal dives deeper into cannabis and alcohol delivery, we are very aware of the inherent risks associated with consumption. We take every precaution to ensure the product is not only delivered safely but will be consumed responsibly as well. Our driver training programs and our technology are designed to ensure they do not deliver to a highly intoxicated or underage person.”
For More Information On ParcelPal Technology Inc, Click Here
Yelp Inc (YELP), the company that connects people with great local businesses, earlier this week posted its financial results for the fourth quarter and full year ended December 31, 2018.
At the time of the announcement, Yelp's CEO, Jeremy Stoppelman, said, “In 2018, we evolved our go-to-market strategy to capture more of our addressable market and reduce sales friction. We also made significant progress in driving consumer usage in the Restaurants vertical and business-owner monetization in the Home & Local Services vertical. We plan to continue the transition in 2019, and expect to achieve stronger revenue growth and higher Adjusted EBITDA margins in the second half of 2019 as our growth initiatives begin to deliver.”
For More Information on Yelp Inc, Click Here
GrubHub Inc (GRUB), the nation's leading online and mobile food-ordering marketplace, announced its financial results for the fourth quarter ended December 31, 2018, easier this month. Per their results, the Company posted revenues of $288 million, which is a 40% year-over-year increase from $205 million in the fourth quarter of 2017. Gross Food Sales grew 21% year-over-year to $1.4 billion, up from $1.1 billion in the same period last year.
Following the announcement, Matt Maloney, founder and CEO of GrubHub, said, “we deepened relationships with our restaurant partners through acquisitions of LevelUp and Tapingo, increased the number of restaurants that partner with us to more than 105,000, grew active diners on our platform by 3.2 million, and – most emblematic of the year - accelerated organic DAG growth on our marketplace every single quarter. We couldn't be more excited about building on this momentum in 2019."
For More Information On GrubHub Inc, Click Here
Fusion Connect Inc (FSNN), a leading provider of cloud services, announced earlier this month that it had completed a $4.25 agreement to provide a full complement of Fusion's single source cloud solutions to a diversified food services company operating multiple restaurant groups across the United States.
Per the details of the agreement, Fusion will provide its application-aware cloud access and managed network services and cloud communications solutions to the premier food services company's more than 400 locations nationwide. The fully integrated Fusion solution will deliver redundant and diverse connections to meet the company's business continuity objectives and cloud-based backup for built-in disaster recovery.
For More Information On Fusion Connect Inc, Click Here
What Is Stock Price (StockPrice.com)?
Stock Price is defined as the price of a single share of a number of saleable stocks of a public company. A stock price is the highest amount an investor or trader is willing to pay for the stock, or the lowest amount that it can be bought for.
StockPrice.com was created for everyone that wants the latest stock quotes, stock charts, company news, and the best financial content.
At Stock Price (StockPrice.com), you get free stock quotes, up-to-date news, international market data, social interaction and the best financial content that will help you manage your financial life.
Legal Disclaimer
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. JSG Communications, LLC which owns www.StockPrice.com is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release.
JSG Communications, LLC, which owns www.StockPrice.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. JSG Communications, LLC, which owns www.StockPrice.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.
An Affiliate of JSG Communications, MIDAM VENTURES LLC has been compensated $75,000 per month for 3 months by ParcelPal Technology, Inc. for a period beginning September 1, 2018 and ending February 1, 2019 to publicly disseminate information about (PTNYF/PKG). We may buy or sell additional shares of (PTNYF/PKG) in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. We own zero shares.
Please click here for full disclaimer.
Contact Information:
SOURCE: StockPrice.com