TikTok Outperforms Instagram Reels in Terms of Engagement

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Content creators with over one hundred thousand followers have a higher engagement rate on TikTok than on Instagram Reels, according to data from The Influencer Marketing Factory...

Snapchat will Pass TikTok as the Social App with the Most New Users

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Snapchat will briefly surpass TikTok (12.7%) as the fastest-growing social media platform globally in 2023, with year-on-year user growth of 13.4%, according to Insider Intelligence/eMarketer. "Almost half (48.3%)...

Meta to Expand Ability for Brands to Search for Stolen Content on Facebook, Instagram

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Meta is giving new options for businesses to detect whether other accounts on Facebook and Instagram are using their intellectual property. According to a report in the Search...

Almost all US TikTok Shoppers Also use Amazon

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According to Earnest Analytics data from February 2024, 97% of TikTok users in the United States shopped at Amazon in the previous year. Amazon Prime has much more...

Etsy Stock Plummets after Cuts to Workforce

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Etsy shares fell on Wednesday after the e-commerce platform announced it would lay off 11% of its personnel in order to decrease expenses in the face of...

Forecast: TikTok users will Spend 54 Minutes Each Day on App

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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...

Digital Wallet will Account for Nearly Half of POS Transaction Value Share

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The only payment method whose share of global point-of-sale transaction value will increase from 2023 to 2027 is digital wallets, which will account for 46% of total...

Crypto Contagion Spreads: Coinbase to lay off 950 Workers

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Coinbase Global announced on Tuesday that it will eliminate around 950 positions, or 20% of its employees, as part of a reorganization plan that represents the third...

When and How to use Youtube Ads

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Facebook and Instagram coupled superb targeting with a captive audience to shorten the conversion cycle, leaving many advertisers disappointed with alternative platforms. Users on YouTube either view...

Meta’s Q2 Revenue Rose 22%

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Revenues increased by 22% year over year to $39.07 billion, marking the fourth consecutive quarter of growth exceeding 20%. Meta expects revenues to range between $38.5 billion and...