Bartering for content and ad tech: Verizon Media and Condé Nast worked out an agreement to trade content for ad tech in a mutually beneficial partnership.
Shein catapults to No. 1: The fast-fashion seller from China overtook Amazon in terms of US app downloads as its growth continues upward.
A new generation of carmakers are racing to corner the electric vehicle market in China, and Nio is one major player that galvanizes customer loyalty with an ecosystem of social networking, ecommerce, and other services on its app.
Leading US insurtechs Metromile and Hippo are collaborating on a discounted auto and homeowners insurance bundle. This will help the insurtechs better compete in the US’s crowded P&C market.
Goldman Sachs plans app, robo-advisor for Marcus UK: The US-based bank will bolster the UK arm of its direct bank unit by bringing over features from its home market—additions that could prove stickier for mass-affluent customers and offer a new revenue source.
Wells Fargo rolls out 10-year plan to help unbanked communities: The initiative includes revamping 100 branches with a mix of digital and in-person financial assistance—giving Wells Fargo a competitive edge over neobanks in building trust among potential customers.
Ro plants more seeds in fertile reproductive health market: The D2C digital health company scooped up Modern Fertility for $225 million—here’s why it’s a strategic growth move.
When Blink Fitness had to temporarily close its doors at the height of the pandemic, the company quickly shifted its focus to where consumers were: online.
Amazon to buy MGM library: The deal would give Amazon leverage over rivals that license out MGM content—plus, it could help the company increase watch time on Prime Video.
The news media's influence is up: US adults across political party lines agree that the influence of news media has increased since 2020, a good sign for publishers after a tumultuous year.