TikTok’s Shopping tab marks a big but necessary shift: The feature will let select Shopify merchants add product catalogs to their profiles, likely the first of many interface changes to facilitate ecommerce on the TikTok.
Americans in happy—but open—relationship with their banks: A survey found that most Americans feel their banks offer enough for their routine needs. But many say they also use outside financial and budgeting apps. Banks could prevent clients from straying by adding more app features.
Mobile usage at RBC is rising faster than its user base: The Canadian banking giant reported that mobile sessions in its fiscal Q3 grew by 26%, much faster than the 10% increase in active users. Engagement is fast overtaking customer acquisition as banks’ next big metric.
The smartphone giant acquired AV startup Deepmotion for $77.4 million. Xiaomi could use its consumer electronic experience to create compelling entertainment-focused vehicles, but it will have to overcome manufacturing challenges and potential regulatory scrutiny.
Electronics companies are preempting the smart hospital wave: LG and telehealth company ezOntheCall launched a cloud-based telehealth platform—just one of many electronics companies carving into the hospital ecosystem as hospitals press the gas on their digital transformation strategies.
Joe Rogan’s podcast may have lost influence since becoming a Spotify exclusive: New data suggests that even high-profile creators may face difficulty in persuading their audience to follow them elsewhere.
Read the latest TV marketing stories from Insider Intelligence.
High prices drive people to ditch pay TV
The number of US social buyers on Pinterest grew 30.5% in 2020, for a total of 12.0 million, per our estimates. By the end of 2021, that number will grow another 16.4% to reach 13.9 million.
Rising COVID-19 cases in Malaysia are causing production delays and worsening the chip shortage. The geographic concentration of chip makers has made the industry more susceptible to disasters and may amplify calls for supply chain reshufflings.
Consumers have concerns about cyberattacks
Insured losses and the economic fallout from July’s flood damage highlights how incumbents must tap into insurtech solutions to close the flood insurance coverage gap
Brazilian SMB neobank’s planned credit suite will enter a favorable market: Cora’s $116 million Series B round will fuel its product development. It has the advantage of operating in a space that lacks a huge neobank competitor—unlike the consumer side.