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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. According to research from solutions provider iKala , social commerce orders in the first half of 2020 more than doubled, while gross merchandise value (GMV) grew three-fold compared to 2019.

Branding 221
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GE Appliances Promises Smarter Technology

PYMNTS

GE Appliances (GEA) has introduced what it’s calling a smart technology to improve a product’s life cycle. SmartHQ Solutions, GEA said in a Thursday (June 25) announcement , is the first solution in the industry to connect these technologies. “In GE Appliances said it has more than 450 connected appliance products across brands.

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How Technology And Market Trends Spawn Innovation

PYMNTS

Direct-to-consumer (DTC) brands are putting a new spin on athleisure wear , inspired by the CBD-based wellness trend. In restaurant technology, cloud kitchens have emerged as a new model driven by the rise of online ordering. 50 percent: Share of Swiss consumers who currently bank online. All this, Today in Data. .

Trends 122
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Amazon Surpasses Google, Apple As Most Valuable Brand

PYMNTS

Amazon is officially the world’s most valuable brand, valued at $315.5 The rankings were released on Tuesday (June 11) and come via the BrandZ Top 100 Most Valuable Global Brand ranking 2019, which is put together by the WPP research agency Kantar. Other brands in the top 10 were McDonald’s, Visa and AT&T.

Branding 139
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Why Augmented Reality is Crucial to Improving the Ecommerce Customer Experience

Perficient

With the expanded success of ecommerce in the last twelve months, brands have more opportunities than ever to engage in digital channels with their consumers and stand out from the competition. In 2019, Gartner projected that over 100 million customers would be shopping with AR in 2020. Consider Augmented Reality For Your Brand.

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Wine For The Win: Consumers Stock Up With Online Retail

PYMNTS

Every online wine company that reports sales has noted big spikes during the pandemic. The latest to report, Wine.com – which bills itself as the nation’s leading online wine retailer – earned $165 million in revenue and saw 25 percent growth for fiscal 2020, ending March 31. With sales of $3.2

Online 164
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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

In 2019, U.S. Health club visits also peaked in 2019 as more than 73 million users frequented their health club, gym, or studio for a total of 6.7 Major brands like Apple and Peloton have the resources to provide unique fitness experiences featuring instructors that achieve celebrity status. billion visits for the year.”.

Exercises 206