August 6, 2018 Insight Report Premium The Rise of Pinduoduo: Rapid Growth Leveraging Social E-CommercePinduoduo, roughly translated as “buy more together,” is the fastest-growing app for social e-commerce in China. It enables users to receive steep discounts of as much as 90% off on certain products if they invite enough friends to buy together. This feature has made it popular amongst budget shoppers in lower-tier cities in China, and the app is scaling up rapidly.
August 2, 2018 Event Coverage Register for Free Access Brands Think Alibaba Offers More Protection Against Counterfeiting than Amazon and Other Top Takeaways from Cosmoprof North AmericaThis week, the Coresight Research team attended Cosmoprof North America 2018 in Las Vegas, where our CEO and Founder, Deborah Weinswig, presented during a panel session called “Rise of Pop-Ups (Pop-Up Push).” Cosmoprof is the leading B2B beauty trade show in North America, drawing over 33,000 attendees and 1,015 exhibitors from 39 countries. Here are our key takeaways from the second day of the event:
July 31, 2018 Company Earnings Update Register for Free Access Amazon (AMZN) 2Q18 Results: Falls Short on Revenues but Beats on EPSAmazon reported 2Q18 EPS of $5.07, handily beating the $2.49 consensus estimate and up 1,166% year over year. Revenues were $52.9 billion, up 39.3% year over year but short of the consensus estimate of $53.45 billion.
July 27, 2018 Company Earnings Update Register for Free Access Facebook (FB) 2Q18 Results: Misses Revenue Estimates and Warns of Slower GrowthFacebook reported 2Q18 diluted EPS of $1.74, beating the $1.72 consensus estimate by $0.02 and up 32% year over year. Revenues were $13.23 billion, up 42% year over year but missing the consensus estimate of $13.36 billion.
July 26, 2018 Insight Report Premium Coresight Research Countdown to 11.11 Series #1: Steep Discounts in Auto Parts Lifestyle Festival; Innisfree Unveils a New Retail StoreThis is the first in our series Countdown to 11.11. Also known as Double 11 or Singles’ Day, 11.11 is a now famous shopping festival started by Alibaba that takes place on November 11. This report series will cover the various shopping festivals and developments in New Retail that take place between now and November 11.
July 25, 2018 Event Coverage Register for Free Access E-Commerce Opportunities in China: A Discussion with Alibaba and Coresight ResearchOn Tuesday, Coresight Research attended a Council of Fashion Designers of America (CFDA) event cohosted by Chinese e-commerce giant Alibaba. After a presentation by Alibaba France Managing Director Sébastien Badault, Coresight Research CEO and Founder Deborah Weinswig spoke with Badault and Andreas Schulmeyer, Founder and Principal, Faultline Solutions, about the unique nature of the Chinese market and consumer. The three also discussed opportunities and strategies for brands looking to enter the Chinese e-commerce market. Here, we share our takeaways from the event.
July 25, 2018 Flash Report Register for Free Access China Tech Briefings: Alibaba Invests in Chinese Outdoor Marketing Firm Focus MediaAlibaba Group has invested $2.2 billion in Focus Media, China’s largest outdoor marketing company.
July 19, 2018 Flash Report Register for Free Access JD.com and L Catterton Asia Invest in Online Luxury Fashion Retailer SecooChina’s largest online retailer JD.com and consumer-focused, private-equity firm L Catterton Asia have invested $175 million in Secoo, the largest online luxury fashion retailer in China.
July 19, 2018 Insight Report Premium Amazon Prime Day 2018 Wrap-Up: Amazon Announces Another Record Day but Remains Vague on Revenue FiguresAmazon announced that Prime Day 2018 was the “biggest shopping event” in the company’s history, surpassing Black Friday, Cyber Monday and previous Prime Day events.
July 17, 2018 Insight Report Premium Amazon Kicks Off the First Half Day of 2018 Prime Day in the US and EuropeAmazon launched its 2018 Prime Day (and a half) at noon local time in the UK and Europe markets and at 3:00 p.m. EDT in the US.
July 16, 2018 Flash Report Register for Free Access China Tech Briefings: Alibaba Invests in Turkish Online Fashion Site TrendyolAlibaba has announced an investment in Turkey’s leading online fashion shopping site, Trendyol. According to Alibaba, itis the largest transaction in Turkey’s Internet sector to date.
July 12, 2018 Insight Report Premium Chinese Cross-Border Retail Heads Offline with New Brick-and-Mortar FormatsAs e-commerce in China becomes increasingly crowded, brands and retailers are looking for alternative ways to connect with their end customers. Now, the emergence of cross-border e-commerce (CBEC) has enabled Chinese consumers to purchase foreign products in China with greater ease than ever before.
July 11, 2018 Insight Report Premium China Tech Briefings: Ling Shou Tong—Alibaba Leverages Independent Convenience Stores to Gain a Competitive Advantage in New RetailLing Shou Tong is a partnership program between Internet giant Alibaba, the owner of Tmall, and independent, family-run convenience stores (c-stores) in China. It aims to modernize c-stores by enabling them to incorporate technology for analytics and operational improvement.
July 10, 2018 Deep Dive Premium Artificial Intelligence in Retail, Part 2: What Retailers Are Doing with AIIn this report, we explore how retailers are applying AI across business functions. We studied 30 retailers to understand how they have implemented AI in their businesses.
July 9, 2018 Flash Report Register for Free Access Amazon to Acquire PillPack for a Reported $1 Billion, Bolstering Pharmacy AmbitionsAmazon has entered into an agreement to acquire US-based online pharmacy PillPack. The transaction is subject to regulatory approvals and is expected to close in the second half of 2018.