October 17, 2022
CE 100 Index Off 4.2% as Plunging Shopping Names Mute...
Per usual, big banks were first out of the gate in releasing third-quarter earnings reports last week. Many more reports will come this week and beyond, meeting a mix of...
September 05, 2022
CE100 Index Drops as Investors Fret About Slowing Enterprise Tech...
The past week’s rout in the stock market — pick your market, any market, it seemed — continues into a new month and into a shortened holiday trading week. The...
September 02, 2022
Today in the Connected Economy: China’s Pinduoduo Debuts US eCommerce...
Today in the connected economy, Chinese eCommerce giant Pinduoduo opens Temu, its U.S. online shopping site. Also, Google tests alternative payment methods in new countries, and cryptocurrency financial institution Sygnum gets...
September 02, 2022
Chinese eCommerce Firm Pinduoduo Launches US Offshoot
Chinese eCommerce company Pinduodo has launched an online shopping site in the U.S. in its first major overseas expansion. According to published reports Friday (Sept. 2), the site – known...
August 29, 2022
Affirm and Zoom’s Post-Earnings Slumps Haul CE100 Lower by 3.7%
No respite here. The Connected Economy 100 (CE100) Stock Index was off 3.7% for the week — though its performance was better than the major benchmarks, which all slipped by...
August 22, 2022
Chinese Online Marketplace Pinduoduo Expands to US
Mostly known in China for connecting agriculture products to consumers, eCommerce marketplace Pinduoduo is reportedly expanding its platform globally, with the first launch in the U.S. next month. The platform...
July 11, 2022
CE100 Index Surges 5% as BNPL Stocks Deliver Strong Gains
Up, up and …. Well, not quite away. But up. And so, even with a 5% gain in the past week, the PYMNTS ConnectedEconomy 100 Index (CE100™) is still down...
May 23, 2022
CE100™ Dips, but Rebound in Platform Companies Softens Rough Week
In the stock market, there comes a point at which, perhaps, one is satisfied with a less wild ride than is being seen in the broader indices. To that end,...
May 09, 2022
After Stunning Expansion, China’s Community-Buying Industry Quickly Contracts
The richest Chinese tech giants have put the breaks on community buying, a process where tech giants facilitate the traditional practice of neighbors pooling money to buy bulk items cheaply,...