The Top 10 Retail Sales Countries
With 45.3% of all retail sales in China occurring online this year, the country is the global leader in retail e-commerce.
According to Insider Intelligence/eMarketer, with a 35.9% market...
Consumers Value Points and Rewards Over other Loyalty Benefits
More than half (55%) of adults worldwide believe that offering points or incentive systems is the most effective approach to keep them coming back, according to a...
Amazon to Close Most of its Physical Stores
Amazon.com Inc. is closing its physical apparel stores barely 17 months after opening the first to focus on grocery stores.
“After careful consideration, we’ve decided to close our...
Apple allowing Facebook and other companies to track despite iOS privacy updates
Apple allows app developers to track data from iPhone users to get around the privacy updates that damaged advertising tracking on Apple users.
According to a report by...
Forecast: TikTok users will Spend 54 Minutes Each Day on App
Active TikTok users will spend 54 minutes per day on the app, according to a forecast by eMarketer.
The following graph shows the average daily time spent on...
Report: Sources say ByteDance Prefers US TikTok Shutdown if Legal Options Fail
TikTok owner ByteDance would rather close its loss-making app than sell it if the Chinese company exhausts all legal options in fighting legislation to remove the site...
ChatGPT is Testing a $20 Monthly Subscription Fee
Subscribers will gain access to the platform even at peak periods when it can be difficult to log in, as well as "priority access" to new features...
Over Half of Gen Zers View Long-Form Videos on Social Media
In the US, 53.1% of Gen Zers watch long-form videos on social media.
However, short-form videos are more popular among this age group, with 61.6% watching it, according...
Digital Ad Spend will Exceed $600 Billion this Year
Global digital ad expenditure will reach $601.84 billion this year, up 9.5% from $549.51 billion in 2022, reported Insider Intelligence/eMarketer.
Total global media ad spend will reach $897.26...
Klarna Projected to Lead US BNPL Payments by 2027
In a time of enormous growth for buy now, pay later (BNPL) providers, Klarna will surpass Affirm by 2027, generating $33.38 billion in US BNPL payment value.
To...
