Alibaba’s stranglehold on ecommerce in China is loosening: The company’s earnings disappointed amid weakening consumer demand, robust performances from rivals, and more scrutiny from Beijing.
The most relevant brands don’t necessarily skirt controversy: Peloton and Spotify rank second and third in Prophet’s annual study, with Apple keeping the top spot.
TSB’s revamp of UK mobile onboarding improves security and user experience: The process includes a newly streamlined application and the submission of ID images and video of the applicant’s face.
Russia sanctions foreground US banks’ compliance hurdles: Targets of the new restrictions imposed in response to Russia’s invasion of Ukraine include banks and elite individuals.
Customers can save their payment details to enable faster ordering across the Olo Pay network.
Private-banking aggregation tech holds wider potential: France-based fintech Finary lets customers monitor all of their sources of wealth, from bank accounts to crypto, in one place.
It’s axed overdraft fees and charges for overdraft-protection services—as the number of big US players maintaining the old normal keeps dwindling.
TikTok’s adoption has exploded. In our inaugural forecast, we estimate that TikTok surpassed the 100 million user mark in the region last year. In 2022, users will surge 12.8% year over year (YoY) to 136.1 million. More than 3 in 10 internet users will be on the platform.
Black-owned brands are underrepresented on store shelves: While many retailers use Black History Month to support Black-owned businesses, addressing long-term inequities is a year-round challenge.
After more than doubling in 2020, US click-and-collect sales growth slowed to 9.7% in 2021, totaling $80.28 billion in sales.
TikTok and Instagram were once again the top US social networking apps of 2021, downloaded 94.0 million and 64.0 million times that year, respectively. Snapchat took third place with a 10% jump in downloads, leapfrogging Facebook, whose downloads fell by 11%.
RightHand Robotics brings in $66M to expand automation: RightHand’s funding is a prelude to the sector’s growing market share that could exclude human workers.
Insider Intelligence spoke with Dorian Morris, founder and CEO of Undefined, a wellness brand focused on providing consumers with plant-based and affordable beauty products.
As rare earths get rarer, Redwood Materials plans battery recycling for Fords and Volvos: Redwood Materials’ software-driven EV battery recycling could be the missing ingredient for the coming EV market boom.
Remote patient monitoring + telehealth make a power duo