CMOs grapple with challenges of data growth: Survey of marketing execs shows split sentiment on whether increased volume and sophistication of data hurts or hampers creativity.
Soft growth in a big market: Economic and pandemic headwinds restrain ad growth in China as tech crackdown challenges digital publishers.
Dollar Tree and Dollar General benefit from consumers trading down: The discount retailers profit when consumers become price-conscious.
Consumer spending grew an upwardly revised 3.1% in Q1: While many consumers expect the current inflationary shock to be temporary, rising prices are eating into companies’ bottom lines.
China’s COVID-19 lockdowns severely impacted Alibaba: Despite significant challenges across its business units, the retailer still beat expectations.
This year, TikTok will surpass YouTube in terms of time spent by their respective adult users in the US. The short-video app will see 45.8 minutes per day from its average adult user, edging out YouTube, at 45.6 minutes.
Gorillas sheds workers in another blow to the rapid delivery industry: The company fired 300 employees and will exit several markets as it struggles to reach profitability.
Consumers rank their favorite brands: A survey shows grocery and tech brands are favorites, while social media lags far behind.
Online health consultation startups tackle doctor shortages in MENA: Esaal is leading the charge of health startups in the Middle East and Africa, where innovation is solving poor doctor-to-citizen ratios, obesity, and a growing mental health crisis.
Even insured patients need help affording care. We dive into a new survey on consumers’ medical cost concerns and how price transparency tools can turn confusion into clarity.
VR fitness will stick long after the pandemic: We detail how the tech will help make exercise more accessible and reduce preventable diseases.
AI replaces metal detectors: Amid alarming rates of gun violence, Evolv Technology is deploying AI scanners to track guns in public places. But it has a lot of learning to do.
Social platforms struggle to contain violent footage, misinformation: Two recent mass murders have exposed longstanding cracks in harmful content policies.
Wendy’s biggest shareholder wants to take the company private: As the fast-food chain struggles amid shrinking store traffic and sales growth, an influx of cash could help it better compete with McDonald’s.
T-Mobile joins the private 5G race: The private 5G segment is facing growing competition in a $109 billion market expected to be the next connectivity battleground.