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Adobe: Black Friday spending in US falls to $8.9 billion as shoppers start earlier in November
Nov 29,2021
US consumers spent$8.9 billion on Black Friday, according to data from Adobe Analytics' Digital Economy Index. Adobe compiles its reports based on analysis of direct consumer transactions online, over one trillion visits to US retail sites, 100 milli...
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Best Buy Q3 better than expected, but gross margins under pressure
Nov 23,2021
Recommends The best Black Friday and Cyber Monday tech deals still available If you missed out on this year's mega sale events, no problem. is rounding up the best tech deals still available, right here. Read now Best Buy reported better-...
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McDonald's expands Grab partnership to offer mobile payment option in-store
Nov 22,2021
McDonald's has expanded its partnership with Grab in Singapore to enable diners to pay for their orders via the latter's GrabPay mobile payment app. Their collaboration also includes plans to jointly develop a data platform that will enable both comp...
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Australian online retailers turn to AI and web-crawling to identify unsafe product listings
Nov 18,2021
The adoption of new technology by online businesses that had signed up to the Australian Product Safety Pledge resulted in the removal of over 90% of product listings within two business days of being deemed unsafe, the Australian Competition and Con...
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Alibaba boasts greener 11.11 shopping event help cut computing usage by half
Nov 16,2021
Following promises of a more sustainable 11.11 Global Shopping Festival this year, Alibaba has reported the company reduced the use of computing resources during the annual event by 50% for every 10,000 transactions compared to last year. Computing e...
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Alibaba reports 'steady' number of merchandise sold during 11.11 shopping event
Nov 11,2021
Image: Alibaba Group Following the conclusion of this year's 11.11 Global Shopping Festival, Alibaba Group has reported the event generated just over 540 billion yuan --$84.5 billion -- in gross merchandise volume (GMV). This year's resul...
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App Annie predicts TikTok to reach 1.5 billion active users in 2022
Nov 10,2021
Mobile data analytics platform App Annie has released its predictions for 2022, forecasting major milestones for TikTok, Pinterest, and metaverse-based apps. Special Feature Enterprise Apps: The Next Generation Enterprise applications power ...
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SEA merchants credit digital platforms for keeping them afloat, but high costs top barrier
Nov 10,2021
One in three digital merchants across six Southeast Asian markets believe they would not have survived the global pandemic if not for online platforms. However, they point to the need to lower transaction fees, noting that costly digital platforms ar...
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Alibaba to hold annual 11.11 shopping event in a new Chinese operating environment
Nov 09,2021
Image: Alibaba Group The countdown is on for the main event of Alibaba Group's 11.11 Global Shopping Event happening this Thursday, November 11. The company is claiming the three-week shopping event, which kicked off at the end of October...
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$72 billion spent on e-commerce in October, but shoppers report 2 billion out-of-stock messages: Adobe
Nov 09,2021
Holiday shoppers started early this year according to the Adobe Digital Economy Index, which found that$72.4 billion was spent online in October, an 8% year-over-year growth.  Cyber Week Guide 2021 ZDNetRecommends: Cyber Week Guide Get ...
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Etsy beats Q3 expectations but delivers light outlook
Nov 03,2021
Etsy Finance Inflation is about to change grocery shopping for good The 5 best high-yield savings accounts: Not your standard savings How AI is making Gen Z the most financially sophisticated generation The 5 best credit cards you c...
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Zillow says difficulty of forecasting, huge capital need felled home buying business
Nov 02,2021
Real estate listings company Zillow this afternoon announced it will end its business unit that buys and sells homes, Zillow Offers, begun in 2018, after determining it was too hard to forecast home prices upward of six months out, and that the busin...
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