Afternoon Coffee: U.S. services sector improves again; Canada stresses support for global supply chains during COVID-19; Virgin Galactic and Rolls-Royce partner on space tourism

Amid the coronavirus disruption, economic news from ISM shows that the services sector has grown again. In other news, a Canadian official discusses the need to support global supply chains during COVID-19 with his U.S. and British counterparts. Also, supersonic travel became closer with a Virgin Galactic and Rolls-Royce partnership to develop a new aircraft. Afternoon Coffee brings you the latest in procurement and supply chain news.

Fiverr’s Q2 2020 financial results soar, driven by coronavirus freelance activity and other factors

procurement solutions stocks adrian_ilie825/Adobe Stock

Amid the workforce disruption of the coronavirus crisis, Fiverr’s Q2 2020 revenue grew by 82% over revenue in Q2 2019, and the company achieved positive adjusted EBITDA for the first time, said the online freelancer services marketplace and ecosystem in announcing its latest financial results Wednesday.

Business Intelligence to Transform Procurement