Product TypeDeep Dive Retail 2020: 10 Retail-Tech Startup Trends Author Coresight January 22, 2020 In 2020, the retail industry will be shaped by emerging technologies that will change the way consumers interact with brands, while retailers will collaborate more than ever with tech startups to future-proof their businesses. Discover our 10 trends for the year.
Product TypeDeep Dive Alibaba vs. Amazon: Head to Head in E-Commerce and Technology Author Coresight December 19, 2019 Alibaba Group and Amazon are innovators in retailing and technology, and both are expanding their presence into international markets. Employing its “New Retail” strategy, could the emerging China giant threaten Amazon’s global dominance? We discuss the competition between these two companies, considering their retail ecosystems, global expansion plans, financial performance and internally developed technologies.
Product TypeDeep Dive The Future of Payments Author Coresight August 21, 2019 This report looks at payment platforms, explores their prospects, and reviews new technologies that could shape the future of the global payment landscape.
Product TypeCompany Earnings Update Tencent (HKEX: 0700) 2Q19 Results: Mixed Results, Growth in FinTech and Business Services in Challenging Ad Environment Author Coresight August 15, 2019 Tencent reported 2Q19 revenue and EPS that beat consensus estimates, continuing to post strong growth in the FinTech and Business Services segment, in a challenging ad environment.
Product TypeFlash Report Facebook Announces its New Digital Cryptocurrency: the Libra Author Coresight June 24, 2019 On June 18, 2019 Facebook a new subsidiary named Calibra, whose first project is a digital wallet for a new global currency called Libra that is powered by blockchain technology but backed by real assets.
Product TypeInsight Report Insights from China: Generation Z Buys Now, Pays Later – and Expects Fast Delivery of Online Orders Author Coresight May 2, 2019 Gen Zers in China are digitally native, rather impatient and open to taking on debt to pay the things they want.
Product TypeInsight Report New Retail Briefing #8: Health and Medical Services Go Digital on WeChat and Alipay; Tmall Luxury Pavilion Welcomes Gentle Monster Author Coresight April 23, 2019 Tencent is testing medical services on its WeChat mini program.
Product TypeInsight Report Insights from China: Alipay and WeChat Pay Go International Author Coresight March 28, 2019 Alipay and WeChat Pay have gone international more quickly due to booming Chinese outbound tourism. They are accepted not only at retail locations but also used to pay transportation fares in support of local services.
Product TypeInsight Report New Retail Briefing #6: Alipay Expands to the UK in Partnership with Barclaycard, Watsons Mobile App Features Virtual Makeup Try-On Author Coresight March 26, 2019 “New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond. Here’s what’s happening
Product TypeInsight Report New Retail Briefing #5: Alipay Pushes Cross-Border Payment; JD.com Continues Unstaffed Delivery Initiatives Abroad Author Coresight March 12, 2019 “New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond.
Product TypeInsight Report New Retail Briefing #4: Suning.com Expands to Department Stores, Alipay Available at Walgreens Author Coresight February 26, 2019 “New Retail” is a model for integrating online retail, offline retail and logistics across a single value chain powered by data and technology. In this biweekly series, we cover important developments in New Retail in China and beyond.
Product TypeDeep Dive US Digital Payments Take Off, with Unexpected Winners and Losers Author Coresight January 18, 2019 The digital payments landscape is evolving rapidly as consumers and merchants adopt more innovative modes of payments. Cash is declining worldwide, while credit and debit cards have gained popularity. Mobile payment and wallet services are also gaining traction, supported by growing smartphone use, faster data rates and greater Internet penetration.
Product TypeInsight Report Payment App Becomes Korea’s First Fintech Unicorn Author Coresight December 13, 2018 On December 10, Toss became the fifth Korean unicorn startup, after its parent company, Viva Republica, announced that it raised an additional $80 million in funding, bringing total funding to $200 million and valuing the company at $1.2 billion. The new funding round was led by Silicon Valley-based venture capital firms Kleiner Perkins and Ribbit Capital. Previous funding came from PayPal, Sequoia and the Singapore Sovereign Wealth Fund Government Investment Corporation.
Product TypeInsight Report WeChat Pay Hong Kong Launches Cross-Border Mobile Payment Services Author Coresight October 3, 2018 Tencent has partnered with China’s leading bank-card service provider UnionPay and its subsidiary UnionPay International to offer cross-border mobile payment services for WeChat Pay HK users traveling to Mainland China, starting October 1.
Product TypeInsight Report Digital Red Packets: WeChat’s Successful Foray into Mobile Payment Author Coresight March 28, 2018 Sending and giving red packets, or red envelopes, containing cash is a long-held Chinese tradition at Lunar New Year. Leveraging on this, WeChat, China’s most-used messaging app, introduced a function to send digital red packets back in 2014.
