Flash Report | November 25, 2016 Register for Free Access Vipshop (VIPS) 3Q16 RESULTS: TOP-LINE GROWTH IN LINE, WHILE EARNINGS MISS ON NEW INVESTMENTSVipshop, the Chinese online discount retailer for branded products, reported 3Q revenue of ¥12.0 billion (US$1.8 billion), up 38.4% year over year. Non-GAAP diluted earnings per ADS were ¥1.00 for the quarter, up 31.6% year over year. Read More
Insight Report | November 18, 2016 Premium Economic Analysis: CONSUMER SPENDING BUOYED BY RISING WAGES AND LOWER UNEMPLOYMENTThe US unemployment rate in October edged down to 4.9%, which was in line with the consensus estimate and lower than the September reading of 5.0%. Read More
Flash Report | October 31, 2016 Register for Free Access BAIDU [BIDU] 3Q16 RESULTS: REVENUE DECLINES, BUT EARNINGS BEAT ON COST SAVINGSBaidu reported 3Q16 non-GAAP diluted EPS of US$1.49, ahead of the US$1.08 consensus estimate and up 6.9% year over year. Revenues were US$2.74 billion, down 0.7% year over year and in line with estimates. Read More
Event Presentation | October 20, 2016 Premium AR VR – At an Inflection Point (RetailLoco)• AR/VR applications are becoming more commonplace, for example in virtual catalogs and Pokémon Go • Goggles such as Google Cardboard and $79 Google Daydream View put the price of AR within reach • One forecast calls for a $80 billion market in 2025, and VC funding is increasing rapidly • AR has seen broad acceptance; will VR overcome the “nerd factor”? Read More
Event Presentation | October 18, 2016 Premium Do or Die – Retail Imperatives for Globalization Personalization and Localization• US food prices have fallen, impacting revenues in all grocery channels. • Declining US exports have pushed down domestic prices of fresh-food categories such as beef and poultry, while a surplus has depressed dairy prices. Read More
Event Presentation | October 12, 2016 Premium Texas New Techies – A Retail Startup Pitch CompetitionTexas New Techies – A Retail Startup Pitch Competition. Read More
Flash Report | October 11, 2016 Register for Free Access Samsung Joins the AI Race with Acquisition of Viv, an AI Assistant Platform DeveloperSamsung Electronics has acquired Viv Labs, a US-based startup that has developed an open artificial intelligence (AI) assistant platform. The startup was co-founded by the creators of Siri. Read More
Event Presentation | October 11, 2016 Premium In-Store Technology (ICSC RECON Manila)Interactive Exhibition Space- We offer consumers a dynamic mall for them to discover new shopping experiences both online and offline. Data & Analytics Hub- Underneath the surface we capture interactions between consumers and the physical and digital space. Read More
Event Presentation | October 5, 2016 Premium Global Retail ReinventedCan Stores Be Something Other Than Stores? 12 things retailers going global should learn from Starbucks: 1. Coffee theater roastery 2. Localized products 3. Standardized experience 4. Fun merchandise and…….. Read More
Event Presentation | September 28, 2016 Premium In-store Technology as Retailtainment (Retail Tech Lounge)• Estimate of 63 million prime memberships (CIRP) Added 19m since last June • Most households do not hold multiple memberships About 46% of US households have just one member Costco has 44.6 million paid members and 81.3 million cardholders Read More
Event Coverage | September 23, 2016 Register for Free Access Target Techstars Demo Day Sep 20, 2016The Fung Global Retail & Technology team attended the first Target + Techstars retail accelerator Demo Day at Orchestra Hall in Minneapolis on September 20, 2016. Read More
Event Presentation | September 11, 2016 Premium Israel Technology Trends of InterestTechnology Trends: 1. Virtual Reality 2. Augmented Reality 3. AI and Voice Recognition 4. Online Social Commerce 5. Facial Recognition Read More
Event Presentation | September 9, 2016 Premium Fashion Immersion Program (PhilaU)• Amazon now has at least 54 million prime members, and growing at 50%+ the last 2 years. By contrast, Costco has 44.6 million paid members • Amazon’s video strategy with Twitch, Hollywood, and with original content producers is helping to drive prime membership more than originally expected. AMZN’s Cloud leadership also enables this. • The Fire – originally panned by critics – is the fastest growing tablet – $50 changed the tablet game and is allowing Prime content to be consumed easily. • Originally thought of as an April Fool’s joke, Dash, a button to order a specific product, now has 100 products at a push of a button for Prime members. Read More
Deep Dive | August 22, 2016 Premium Introduction to Deep Learning and Neural NetworksDeep learning and neural networks are techniques used in computer science to analyze data. They are especially useful in pattern and image recognition. Read More
Flash Report | August 1, 2016 Register for Free Access Baidu (BIDU) 2Q16 Results: Earnings and Margins Decline Due to Headwinds from Online Advertising RegulationsBaidu’s gross merchandise value totaled ¥18.0 billion (US$2.7 billion) for 2Q16, an increase of 166% year over year. Total revenues rose by 10.2% year over year. Adjusted EBITDA declined by 19.1% year over year, excluding an exchange of Qunar shares with Ctrip. Read More