TikTok is First App to Reach $10 Billion in User Spending

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TikTok became the first app to cross $10 billion in cumulative consumer spending, propelling mobile app sales to a new high in a year when revenue from...

TikTok Growth is Slowing

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TikTok may have been the world's most downloaded and consumer spending app in 2023, but it was not the most used. Last year, Facebook remained the top...

Almost 25% of US Adults Purchased Online using a Link next to a Video

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More than half (52%) of US consumers have used or are interested in shoppable commerce- purchasing a product by clicking a link immediately within or next to...

Amazon Made Up 40% of E-Commerce Sales

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Amazon accounted for 80% of marketplace sales, 40% of e-commerce sales, and 4% of retail sales in the United States in 2023, according to Marketplace Pulse. A forecast...

PayPal Introduces Stablecoin for Payments and Transfers

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Stablecoins that are fully supported and regulated have the potential to revolutionize payments in web3 and digitally native contexts. PayPal USD, a US dollar-denominated stablecoin, was launched...

Retail Executives Worldwide say Physical Stores Personalize Customer Experiences

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42% of retail leaders worldwide believe that the most essential role of physical retail as omnichannel buying advances is to give an in-person component to the customer...

Meta May Let EU Facebook and Instagram Users Pay to Avoid Ads

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As a result of regulatory scrutiny, Meta Platforms is exploring premium versions of Facebook and Instagram with no advertisements for users in the European Union (EU), reported...

Alibaba Plans to Invest Big in Turkey

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Alibaba, a major Chinese e-commerce company, has informed Turkish President Tayyip Erdogan that it intends to invest $2 billion there. Michael Evans, the president of Alibaba, reportedly made...

Toggling this Setting on Instagram will Make Your Posts Look Better

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In Instagram's settings menu, you can toggle "Upload at Highest Quality," which uploads pictures and videos to the highest quality. This setting is automatically toggled off when you...

Consumers Respond Most to Ads on Shopping, News, and Social Media Websites

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Integral Ad Science data from Q3 2023 shows that in the US, people are most open to ads on websites for shopping (36%), news (35%), social media...