Snapchat’s Snapchat+ subscription service has seen more than 1 million sign-ups in the six weeks since its launch. The company announced the milestone in a Monday (Aug. 15) press release, along with the launch of four features designed to enhance the user experience. There’s Priority...
As electric vehicles (EVs) become a more popular option, Autonomy, a California startup focused on EVs, is adding services to let people access the vehicles through subscriptions. The subscription model would come with a starting fee of $5,900 start, Bloomberg reported Saturday (Aug. 13), followed...
Is inflation causing a “great unsubscribe,” or is it more a case of consumers becoming increasingly selective about their retail subscriptions? The truth is likely somewhere in between. Tracking shifts in the sector over time, the Subscription Commerce Conversion Index, a PYMNTS and sticky.io collaboration,...
The New York Times could possibly do better on digital sales with more subscriber-only bundles, according to activist investor ValueAct Capital Management, a report from Bloomberg said. In a letter to investors Thursday (Aug. 11), ValueAct said it now owns a 7% stake in the...
Borrowing a popular tactic from another sector — telecom — Walmart is reportedly in talks to bundle streaming subscriptions into Walmart+ memberships to level the field with archrival Amazon, whose Prime Video service is a key draw for the eCommerce leader. Despite ‘the great unsubscribe’...
Twitter Blue subscribers may soon be able to edit their tweets. Citing an introductory screen saying “Join Twitter Blue to get early access to Edit Tweet” that was shared by app researcher Alessandro Paluzzi, SocialMediaToday reported Monday (Aug. 8) that this capability looks to be...
As food prices rise, DoorDash, the United States’ leading restaurant aggregator, is doing what it can to keep customers coming back despite the fees and higher menu prices associated with the channel. The company shared in an investor letter Thursday (Aug. 4) discussing its second-quarter...
Subscriptions have become a source of both promise and peril for consumers. The increase in subscription-based goods and services presents people with more choice and flexibility, and they are signing up in record numbers. One survey found that half of all consumers now subscribe to video...
The great disengagement from the connected economy may be just getting started, spurred by the pressures of living paycheck to paycheck. And as a result subscription platforms may see increased churn, with a reduction in their top lines. Unless they recalibrate how they interact with...