Chinese State Media Prompts Tencent To Impose Gaming Restrictions 
Chinese State Media Prompts Tencent To Impose Gaming Restrictions 
August 03, 2021  |  International

Chinese state media publication Economic Daily called online gaming a “spiritual opium,” which prompted Tencent to introduce new rules for young players, starting with its...

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Threat Of Chip Shortages Worry Connected Economy Companies
Threat Of Chip Shortages Worry Connected Economy Companies
August 03, 2021  |  Retail

As tech companies reported record-setting quarterly earnings revenues last week, one very familiar issue continued to loom large across the entire sector: the ongoing global...

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Rapyd To Step Up FinTech-as-a-Service Offerings With $300M In New Funding
Rapyd To Step Up FinTech-as-a-Service Offerings With $300M In New Funding
August 03, 2021  |  Investments

Global FinTech startup Rapyd on Tuesday (Aug. 3) announced a $300 million Series E funding round led by Target Global. Several new investors joined the...

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With New Fee, Amazon Risks Losing Online Grocery Shoppers To Competitors
With New Fee, Amazon Risks Losing Online Grocery Shoppers To Competitors
August 03, 2021  |  Delivery

As many grocery delivery services compete to offer the lowest prices, Amazon is taking a very different approach. The company informed shoppers on Monday (Aug....

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Simon Property CEO Says ‘The Mall Is Safe’ Amid Rising Concerns Over Delta Variant
Simon Property CEO Says ‘The Mall Is Safe’ Amid Rising Concerns Over Delta Variant
August 03, 2021  |  Retail

Despite concerns that the spread of the COVID-19 Delta variant could impact consumer spending as pandemic anxiety rises again and mask mandates are reintroduced across...

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AI Integration With Email Marketing Could Reduce Shopping Cart Abandonment
AI Integration With Email Marketing Could Reduce Shopping Cart Abandonment
August 03, 2021  |  Retail

When Google stepped in last week with its new Retail Search product, it put a spotlight on the retail industry’s abandonment issues, wherein U.S. merchants...

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Foot Locker Spurs Growth, Retailers Brace For COVID-19 Restrictions; Victoria’s Secret, Bath & Body Works Diverge
Foot Locker Spurs Growth, Retailers Brace For COVID-19 Restrictions; Victoria’s Secret, Bath & Body Works...
August 03, 2021  |  Today In Data

Foot Locker acquires two small retailers to boost its growth. Plus, digitized retailers could quickly pivot if COVID-19 restrictions are reinstated, and Victoria’s Secret and...

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Under Armour Beats Q2 Expectations Despite eCommerce Drop
Under Armour Beats Q2 Expectations Despite eCommerce Drop
August 03, 2021  |  Retail

Under Armour reported on Tuesday (Aug. 3) a better-than-expected 91 percent increase in year-to-year revenue to $1.4 billion for the three-month period ending June 30...

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Clorox Q2 Sales Down 9 Pct As Shipments, Consumer Purchases Slow
Clorox Q2 Sales Down 9 Pct As Shipments, Consumer Purchases Slow
August 03, 2021  |  Retail

The Clorox Company reported a 9 percent overall drop in year-to-year sales for the fourth quarter of fiscal 2021, ending June 30, pointing to slow...

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