1,423 results found

US Digital Payments Take Off, with Unexpected Winners and Losers

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.

Aldi and Lidl in the US: Aldi Climbs the Grocery Rankings

Aldi is America’s eighth-biggest grocery retailer by estimated 2018 revenues, according to Euromonitor International. It has grown revenues by an estimated CAGR of 12.7% over the past five years. After a shaky start in the U.S. market, Lidl has diversified into a range of store formats. Lidl is continuing to open stores at a steady pace, and its recent acquisition of the 27-strong Best Market Chain suggests a renewed impetus to grow its footprint in the U.S.

Understanding WeChat, China’s Super App: Part 2 — How WeChat Mini Programs Spell Opportunity for Brands and Retailers

WeChat dominates the social media scene in China — so much so that even large companies are leveraging its reach over using their own apps, and even buying add space in WeChat games. To tap into this opportunity, WeChat has been developing “mini programs” that operate within WeChat but function as a separate company app would, allowing users to order, pay for, pick up or have goods delivered. What’s the opportunity?

NetEase, Alibaba and JD.com March into Private Label

Chinese Tech Giants Develop Private Labels Chinese tech giants NetEase, Alibaba and JD.com have all begun developing their own private labels in recent years: NetEase launched NetEase Yanxuan, which translates into “strictly selected by NetEase” in 2016, officially kicking off the private-label game with a designated online shopping website. Alibaba launched its private-label online marketplace…

Innovator Intelligence: Markable – Utilizing Image Recognition–Based Deep Learning Software to Streamline and Improve Fashion Searches

Markable.ai provides computer vision–based visual-recognition application programming interfaces (APIs) and software development kits (SDKs) to brands and retailers. The technology enables online shoppers to search for items more effectively.

Markable.ai provides computer vision–based visual-recognition application programming interfaces (APIs) and software development kits (SDKs) to brands and retailers. The technology enables online shoppers to search for items more effectively. Consumers can use visual search tools built with Markable’s technology to upload images of clothing and accessories they find on the web or on social media platforms, or that they have saved on their smartphone, in order to identify visually similar items, meaning they no longer have to rely on manually inputted keyword search techniques.