Livestreaming ecommerce booms in China: Livestreaming ecommerce will account for almost half a trillion dollars by 2022, and established players will continue to see the most success.
Lifestyle brand consumers buy into sustainability: Environmental sustainability is much more top of mind for lifestyle brand consumers, but US consumers were among the least engaged in trying to be sustainable day to day.
Lloyds has closed its first major acquisition since going private in 2017 to benefit from Embark’s tech capabilities and innovate its retirement and retail wealth offerings.
The pull of Prime Day: Amazon’s shopping holiday outdid all competing sales events this year, with nearly half of US Prime Day buyers not participating in any other promotion during that time.
Influencermania: In our first-ever influencer marketing spending forecast, we predict the US market will grow by more than a third to surpass $3 billion this year.
The payments firm’s total payment volume hit a whopping $311 billion—and it will likely sustain that momentum as it dives deeper into BNPL and cryptocurrencies and builds out Venmo and its in-store payments business.
The UK-based neobank now offers app support for people making cross-border transfers between the countries. Its US division CEO spoke to Insider Intelligence about the feature and Revolut’s plans for a US-focused marketing push and expansion into Latin America.
The generation most influenced by social media
Netflix versus falling revenues: Netflix subscribers say they would be fine with advertising—and with revenues declining, Netflix may need to reverse its anti-advertising stance to stay on top.
Executives provided details on how non-Tesla drivers could use the company’s supercharger network to charge EVs. While it may help accelerate EV adoption, the company’s dynamic pricing proposals may end up giving Tesla owners preferential treatment.
SonderMind nabbed $150M for its tech that matches patients with low-cost mental health providers—below, we explore how startups like it are partnering up with competitors like Zocdoc to tap more customers.