Social Commerce

Social Commerce
TikTok Becoming Source Of Financial Advice For Young People
May 03, 2021

Would you go to TikTok for financial advice? If you’re among the younger people to whom the social media platform caters, the answer might be yes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Social Commerce
Facebook Lays Out Its Vision For The Future Of Commerce
April 29, 2021

Much of Facebook’s latest earnings call followed the expected script. Earnings and revenue performance came in strong, across properties (Facebook, Instagram and WhatsApp); the social media giant claims 3.45 billion users, or slightly less than half the planet’s total population; and it makes an astonishing...

Social Commerce
Instagram To Add More Ways For Creators To Monetize
April 27, 2021

Facebook CEO Mark Zuckerberg has announced that there will be more options for Instagram creators to earn revenue, including a marketplace for matching brands with creators whose content fits the market they’re aiming for, CNBC reported. Get the Full Story Complete the form to unlock...

Social Commerce
Snap Solidifies Its Social Commerce Ambitions 
April 23, 2021

Snap Inc., parent of Snapchat, has set its sights on social commerce in the wake of its earnings report on Thursday (April 22). According to that report, daily active users were up to 280 million, ahead of analyst expectations of 274.62 million. Particularly notable was...

Social Commerce
Facebook Testing News Feed Features For Business Discovery 
April 15, 2021

Facebook is rolling out a news feed discovery tool to enable users to click on the information that matters to them most and engage with businesses they are interested in knowing more about. The new tool also enables businesses to like and comment on Facebook...

Social Commerce
Facebook Romances The Super App With New Dating Platform
April 14, 2021

Facebook is aiming to help users make a love connection with a new dating app called Sparked. The experimental app will allow users to enroll with their Facebook profiles. According to reports, Facebook is positioning the free platform as “video dating with kind people.” Get...

Social Commerce
Social Talk: Twitter And Clubhouse Discussed $4 Billion Takeover
April 07, 2021

Twitter held discussions with Clubhouse, the audio social media app, about buying out the popular new company for $4 billion, but the discussions have fizzled, Bloomberg reported, citing unnamed sources. No reason was given. Get the Full Story Complete the form to unlock this article...

Social Commerce
Snap Quietly Buys Screenshop To Propel Clothes Shopping
April 07, 2021

With the rise in popularity of connected commerce and social shopping, Snap is moving into the space with the acquisition of Screenshop, once called the Shazam of fashion, according to media reports on Wednesday (April 7). Get the Full Story Complete the form to unlock this article...

Social Commerce
Clubhouse Rolls Out Payments Feature
April 06, 2021

The audio-based social media platform Clubhouse unveiled its first monetization feature for creators on Monday (April 5), allowing users to send and receive payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...