PYMNTS

JULY 11, 2016

True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. The virtuous circle of commerce online began.

Google 100

Google Mobile Apple Online 100

PYMNTS

JULY 12, 2018

Walmart is far from the first brand to fail to ignite in a Japanese retail segment, which is highly fragmented and generally unprofitable — and, i n some segments, actively shrinking. Tesco entered the market through the purchase of an acquisition, a local discount supermarket chain in 2003 — by 2011, it had called it quits.

eBook 100

eBook Retail Marketing Report 100

PYMNTS

NOVEMBER 21, 2016

I know for a fact that there is some kind of sock monster, and that’s why I invented Throx ,” said Edwin Heaven, who came up with the idea in 2003 when he was doing his laundry and one of his favorite socks disappeared. He originally brought them around to boutique stores — most of them immediately loved them — and sold them online.

America 100

America Branding US Online 100

PYMNTS

AUGUST 21, 2017

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. E-Bay acquired online ticket exchange, StubHub, in 2007. Speaking of online retailers, eBay went all out to court them.

Online 128

Online Retail San Francisco Mobile 128

PYMNTS

MARCH 2, 2020

The SARS outbreak 17 years ago in 2003 was followed by a rapid growth of the laptop market in the third quarter of the same year, with one important underlying factor being that the crisis made more consumers aware of the importance of access to internet information, and of having portal internet-enabled devices.

Apple 130

Apple Marketing Examples Google 130

Fintech Labs Insights

AUGUST 26, 2016

Online payment solution SafetyPay began operations in its 21st country this week. The expansion also makes good business sense; half of the country’s population who have access to email have a habit of shopping online. Founded in 2003, SafetyPay’s sales have grown 5X over the past three years.

Florida 12

Florida Maine America Operations 12

CB Insights

OCTOBER 29, 2018

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, The companies served different user bases: Nextel was more of a business brand, with customers often drawn to its signature walkie-talkie technology.

Google 76

Google Software Innovation Company 76

PYMNTS

JANUARY 30, 2020

spending some $163 million to buy a stake in Barstool Sports, founded in 2003 and described by the news source as a “controversial sports and pop-culture blog.” Branding Power — and New Apps on the Way. A closer look at football betting serves to illustrate how attractive online and mobile betting is becoming in the U.S.,

Online 131

Online Kansas City San Francisco District of Columbia 131

Fintech Labs Insights

MAY 24, 2017

“So our vision is to be the choice of millions who wish to send or spend overseas – either using our brand or other people’s – and blockchain connectivity is the way we’re going to be doing that.” Founded in 2003. “It is here today,” Lee-Browne said. “It’s not theory.

blockchain 25

blockchain Regulation Security Technology 25

PYMNTS

JUNE 10, 2019

In 2003, iTunes for Windows arrived in October 2003, allowing non-Mac users, the vast majority of the computing world, to buy music from Apple and sync it to an iPod for the first time. Social Finance, the online lender better known as SoFi, is losing three top executives this week. SoFi and Uber Reshuffle Their Upper Levels.

Apple 122

Apple Data social media Policies 122

PYMNTS

JULY 18, 2016

By June 2003, DVD rentals overtook VHS rentals. Tapping into that existing consumer behavior, Netflix’s initial innovation was to create an online ordering queue that allowed consumers to choose up to 25 DVDs at a time and to put those requests on a list. Prices dropped from $700 and $800 to $300, on average.

Payments 100

Payments Video Marketing Course 100

CB Insights

APRIL 24, 2018

E-commerce sales growth is pulling ahead of total retail sales ( 17% vs. 6% for year-over-year in Q4’17), and Amazon is controlling upwards of 40% of online sales in the US, according to the US Department of Commerce and Slice Intelligence, respectively. ” — Alistair Davidson, CFO, Ikea. Its membership fee revenue grew 12.6%

Retail 59

Retail Trends Technology Branding 59

CB Insights

MARCH 6, 2019

Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering. Three months later, Amazon contributed to a $50M funding round earmarked for promoting the Pets.com brand. The rise and fall of Theranos. The rise and fall of Pets.com. Takeaways & lessons.

Report 78

Report San Francisco Capital New York 78

CB Insights

OCTOBER 16, 2018

The online bookseller didn’t turn a profit for six years — today, it’s the second publicly traded company ever to hit a $1T market cap. 2003: Long-term thinking is rooted in ownership. 2003: Long-term thinking is rooted in ownership. “The current online shopping experience is the worst it will ever be.

Customer Experience 78

Customer Experience Innovation Company Technology 78

CB Insights

JUNE 17, 2020

In the wake of the outbreak, everything from doctors appointments to schooling to workouts went online. Education: Technology and online content make the classroom optional. Online courses & content. Retail: Shopping goes even more online as grocery joins the e-commerce revolution. Online grocery. 3D printing.

Industry 101

Industry Technology Online Video 101

CB Insights

MAY 10, 2018

When BeverageCo sought to take advantage of digital, they had many isolated initiatives (such as online advertising and a corporate Facebook page) underway, but lacked traction in any of them. Bain (whose partners actually coined the phrase “$1M framework”) would create its own “insight product” in 2003 with the Net Promoter Score.

Strategy 78

Strategy Management Analytics Tools 78

PYMNTS

DECEMBER 3, 2020

There are super apps that govern a lot of commerce, but [here in the states] I feel like I’m stuck in 2003. We've observed over the course of the pandemic that moving education online is a challenge for all grades, especially for younger kids,” he said.

Payments 168

Payments Innovation Capital Mobile 168

CB Insights

MAY 1, 2018

Product innovation is one way that large corporations stay competitive in a rapidly changing marketplace, but it doesn’t always work out when big brands attempt innovation. David Novak, the former CEO of Yum Brands, recently stated that Crystal Pepsi was developed to reinforce consumer interest in purity and health.

Innovation 78

Innovation Google Apple Video 78