Coca-Cola helps usher in an era of generative AI advertising: The brand recently told marketers that it believes AI is much more effective than Web3.
The big tech is diving deeper into payments to tap new revenue streams.
The two will be among the early adopters of the real-time payment system when it launches in July
The crypto winter has brought assets crashing down to earth and dampened payments growth. But key crypto payment use cases remain intact, drawing continued investment from major payment providers. This helps set a path for US crypto payment adoption to grow by a 21.3% average annual rate from 2022 to 2025 and worldwide volume to grow by 12.6%.
Walmart raises full-year guidance after a strong quarter: The retailer’s low prices are resonating with more consumers, while investments in ecommerce and advertising are bearing fruit.
Retail media provides a significant boost to Instacart’s bottom line: The company’s advertising business reportedly grew 30% last year to $740 million.
Burberry’s sales rose 5% in fiscal 2023: Despite a 13% gain in China, the company's performance was dampened by a 7% decline in sales in the Americas—in line with other luxury houses.
Alibaba’s sluggish quarter reinforces concerns about a Chinese consumer rebound: The company is exploring IPOs for its grocery and logistics divisions as part of its breakup to revive the company’s fortunes.
Amazon plots an upgrade to its search capabilities, with help from generative AI: The retailer is planning to incorporate an AI chatbot to help shoppers with queries, recommendations, and product comparisons.
To keep up the momentum, the BNPL provider launched a Pay-in-2 product so it can expand into new payment categories
Its vertical-specific technology can help it to grow volume in the segment
The two will be among the early adopters of the real-time payment system when it launches in July
Understanding payments innovation in the region could help Visa beat back mounting threats from homegrown players
The past six months have been a roller coaster of rising consumer-goods costs, uneven employment news, and increased optimism about the end of the pandemic—all mixed with a tightening of discretionary spending. In September, consumers were cutting back on dining out and entertainment. What are they doing now?
Target’s sales growth stalled and profits fell in Q1: Consumers pulled back on the impulse buys that fueled Target’s pandemic-era growth.
Shein’s latest $2 billion funding round came with a significant drop in valuation: The fast-fashion retailer is now worth one-third less, as it faces difficult economic conditions and government scrutiny.
Retailers can use digital wallets to speed up the checkout process both online and in-store and reward repeat customers. But creating a standalone wallet may not be the best solution for most retailers, and that’s where partnerships with existing providers can help out.
TJX Companies had a mixed Q1: The off-price retailer saw strong demand for apparel and accessories, but its home goods business dragged down growth.
Regulators are diverging on Big Tech acquisition and opening opportunities for blockbuster mergers despite mounting antitrust concerns.
Meta strategically opening up WhatsApp’s chat payments functionality in Brazil and Singapore is the next step in creating a super app for over 2 billion global users.