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Social Commerce And Livestreaming Attract Big Brands In Southeast Asia

PYMNTS

That’s the current state of play in Southeast Asia where social commerce is growing rapidly as brands try to find new ways to sell during the pandemic. Social commerce is growing rapidly, and every day social media companies are adding new capabilities to support this growth.

Branding 221
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Squarespace Announces IPO Plans; Files Confidentially With SEC

PYMNTS

Squarespace was reported to be seeking a $400 million credit line in 2019, PYMNTS reported, which generally means that the company is preparing to go public. Squarespace CEO Anthony Casalena said the company's goal was to be an “all in one” platform for “anyone to stand out,” including both those making businesses and personal brands.

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Social Shopping Struggles With The Burden Of Potential

PYMNTS

Ask Amazon, which had to shutter its social shopping entry, Spark, after two years in July 2019. percent of online sales came from social channels. However, 8 percent of Cyber Monday visits did originate from social media, an increase of 17.5 Brand advertisers, it says, need to justify social media ROI.

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As the U.S. Banking Sector Lags—Banking Brand Values Go Up

Bank Innovation

banks accounted for 81 of the 500 most valuable and strongest bank brands around the world on Brand Finance’s Banking 500 2019 list, released this week. Led by the Industrial and Commercial Bank of China, the world’s most valuable banking brand (at $79.8

Branding 170
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Tapping The Contextual Commerce Power Of TikTok

PYMNTS

As recently as a few years ago, experts were predicting the era of social media platforms was over, and that new entrants were far less likely to make a dent on the market than be bought out by the established names in the game. In that effort, in fact, it is hardly alone as social media platforms go. percent from 4.5

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Super Saturday Pulls In Record-Breaking $34.4B In Retail Sales

PYMNTS

21, the last Saturday shopping day before Christmas 2019, has been confirmed as the single biggest retail sales day in U.S. billion and that exceeded 2019 Black Friday sales by 10 percent. More customers are shopping online, as well, as retailers offer improved web platforms. (58 Exceeding forecasts , Dec. 14, with $28.1

Retail 186
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Instagram Pulls In Over 25 Pct Of Facebook Ad Revenue

PYMNTS

The photo-sharing social media giant was acquired by Facebook in 2012 for $715 million. Per their recent ad sales report, numbers have been disappointing for Alphabet, as analysts had expected more returns from customers who watch videos online. ” Facebook is currently under investigation by the U.S.