As retail’s digital dominance grows, Google successfully captures retail ad dollars: Its investments in social commerce on YouTube and improvements to Google Shopping appear to have paid off.
TD chips away some more at overdraft fees: Its latest actions include a $50 exemption figure and a 24-hour grace period, but its peers show that it can still go further.
Starbucks earnings highlight supply chain and employment challenges: The company touted its credentials as an employer of choice, all while emphasizing its efforts to become less dependent on its retail personnel.
CFPB is wary of unchecked AI usage in underwriting: Bureau officials have warned about potential abuse of the technology and are previewing a crackdown. Regulatory clarity will help banks to better navigate a growing market.
The omicron variant and a lack of stimulus funds may have stunted volume growth. Here’s how PayPal can use its super app to boost engagement.
Meta’s earnings miss shows the vulnerability of its ad revenue model: The company could be in for a $10 billion hit from Apple’s privacy changes, and the rise of TikTok isn’t helping.
In May 2021, we predicted total retail sales around the world for that year would increase by 6.0% to just over $25 trillion, a significant comeback from 2020’s lows.
The Philippines and India will lead the world in retail ecommerce sales growth this year, with respective increases of 25.9% and 25.5%. Countries in Latin America and Southeast Asia will make up most of the top 10 list, while the last spot will go to the US, the only advanced economy to slide into the rankings, with 15.9% growth.
Amazon is boosting its Prime membership fee: As subscriber growth slows and ecommerce costs rise, the retail behemoth banks on loyalty and a wide array of services to keep users from canceling.
Gopuff fine-tunes its retail media network play: While other rapid-delivery startups stumble, Gopuff hopes improvements to its advertising platform will ensure longevity.
On the back of Kindbodys latest M&A deal, we detail how straightforward pricing could help new womens’ health startups claim a larger stake in the multi-billion dollar space.
Britain becomes global epicenter of bank scam pandemic, and lawmakers want Big Tech to reimburse victims: Facebook, Microsoft, and Twitter could require financial services to be authorized by regulatory bodies.
SpaceX creates premium satellite internet segment: Promising up to 500 Mbps for $500 a month and 24/7 support to business users is a Tesla-like move that’s sure to shake up the industry.
Google Cloud is losing billions of dollars: Feature parity with AWS and Azure, greater global availability, and pivoting toward enterprise customers could help it regain momentum in the cloud services segment.
Insider Intelligence spoke with Bill Ready, president of Commerce, Payments, and Next Billion Users at Google.