The Year Of D2C Brands And Digital Technologies

By  |  December 29, 2020
 | 

Green Goo and Spiceology are among the direct-to-consumer (D2C) brands that were on the rise this year. In acquisitions, FedEx Corp. said it has completed its previously announced purchase of eCommerce membership company ShopRunner. And in banking, credit unions (CUs) were forced to speed up their efforts to implement digital technologies after stay-at-home and social distancing protocols amid the pandemic provided them with little choice. 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:

    2008: Year family-operated company Green Goo was formed.

    100: Minimum number of brands and retailers linked to shoppers by ShopRunner.

    89%: Share of CU executives who expected credit card processing products to be more profitable than those for debit cards before the pandemic began.

    26%: Portion of small CUs that were interested in developing new virtual card offerings.

    Advertisement: Scroll to Continue

    $4.7M: Amount of funding Spiceology has received this year.


    Recommended

    Meta Hires Apple Design Executive Alan Dye to Lead New Creative Studio

    Discount Retailers Drive Resurgent Demand for Retail Space

    Coinbase Partners with Banks on Crypto and Stablecoin Pilot Projects

    OpenAI Foundation to Disburse $40.5 Million in Grants to Nonprofits

    See More In: , , , , , ,