Emerging From The Pandemic With eCommerce And IoT

By  |  May 27, 2020
 | 
Emerging From The Pandemic With eCommerce, IoT

Chinese eCommerce firms last worked together for an online shopping holiday called Singles Day on 11/11. China is now tallying its take from the “May 5th Shopping Festival” after consumer spending dropped over the past few months due to COVID-19. And smarter cities could emerge stronger from the pandemic, with the Internet of Things (IoT) poised to transform societies in the coming months and years. All this, Today in Data.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data:

    $101.1B: The projected value of the global smart home technology market in 2020.

    95%: Decrease in U.K. pedestrian traffic recorded by smart city sensors in March 2020 over the prior year.

    5.9%: Year-over-year increase in online sales of physical goods in China in Q1.

    3.9M: Number of iPhones that Apple sold in China in April.

    Advertisement: Scroll to Continue

    $2.21B: Minimum GMV in the Shanghai area from the May 5th Shopping Festival 24 hours after launch.


    Recommended

    Crypto.com and e& money logos

    Crypto.com and Super App e& money to Explore Crypto Opportunities in UAE

    Pinterest Plans to Extend Reach to Connected TV with tvScientific Acquisition

    Coinbase and Chainlink logos

    Coinbase Picks Chainlink for $7 Billion Crypto Bridging Project

    JPMorgan Marks One of the Earliest Blockchain-Based Debt Issuances 

    See More In: , , , , , , , , , , ,