China’s Singles Day — a weeks-long shopping event that has become a key measure of consumer demand in the country — has reportedly seen a lackluster response this year. Analysts expect that the increases in gross merchandise value (GMV) seen by eCommerce firms that have...
With more companies seeking talent in geographies other than their home turf, the challenges of paying those overseas contractors can seem daunting, but purpose-built platforms are taking the friction out and getting people paid with less cost and greater speed. Analyzing this in Meeting The...
Recall the bleak summer of 2020, when you’d have thought Main Street small to medium-sized businesses (SMBs) would be extinct by year’s end. It was understandably pessimistic, but it didn’t account for the sheer tenacity small business owners have repeatedly shown. As part of the...
Started by Chinese eCommerce giant Alibaba.com as a kind of Valentine’s Day for the unattached to buy gifts for themselves, the annual Nov. 11 Single’s Day phenom has since grown into the world’s biggest sales event, generating an estimated $139 billion in just 24 hours...
As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does not a recovery make. Even with the massive uptick, the past five trading days have seen the FinTech IPO group...
Gone are the days when retail innovation efforts were limited to increasing the convenience offered to in-store shoppers. Today, the pandemic-induced digital transformation has heightened merchant awareness around frictionless online shopping experiences and the importance of technology in fostering eCommerce growth. “We’re morphing away from...
Elon Musk has reportedly told Twitter employees that the company could go bankrupt. In addition, two members of Musk’s new leadership team at the social media platform have resigned, Bloomberg reported Thursday (Nov. 10), citing unnamed sources. Musk mentioned the possibility of a Twitter bankruptcy...
Aiming to establish a new way to reach potential customers, Gap has created a store on Amazon. Launched with Amazon Fashion in the United States and Canada, the store includes Gap-branded apparel for adults, teens, kids and babies, as well as babyGap-branded nursery furniture and...
Half of all grocers are looking to step up their digital presence, their customer experience (CX) or both. By the Numbers Research from PYMNTS’ study “Big Retail’s Innovation Mandate: Convenience and Personalization,” created in collaboration with ACI Worldwide, which drew from a survey of 300...
