PYMNTS

APRIL 9, 2020

The note was first published in PayPal’s 2019 Annual Report. Schulman boasted about the company’s growth in 2019, including $17.8 In 2019, PayPal entered the China market with its purchase of Guofubao Information Technology Co., billion in revenue. GoPay) for an undisclosed amount.

California 151

California US Community Payments 151

PYMNTS

MAY 31, 2020

Uber first announced it was looking to acquire a stake in the Santiago-based Cornershop app in October 2019. The FNE said it was originally worried that Uber’s purchase of the app would stifle online delivery competition and launched an investigation, Reuters reported. The FNE said in the statement that its investigation began on Dec.

Online 163

Online Regulation Retail Regional 163

PYMNTS

MAY 8, 2020

Online gambling or gaming is one possible outlet, and the sector may even make it through the pandemic with less financial damage than other industries. Online Gambling Changes . The pandemic is sweeping through an already critical year for online betting. million in March 2019. reaching a value of $102.9

Online 176

Online Industry New Jersey Pennsylvania 176

PYMNTS

MARCH 31, 2020

If there’s any industry that has been slow to transition online, it’s antiques. Two recent moves from leading arts and antique dealers are leading a trend toward online arts and antique buying. Now we’re going to take a smaller storefront and concentrate more online. We’re finally knocking down the barriers online.”.

Marketing 151

Marketing Phoenix Online New York 151

PYMNTS

SEPTEMBER 29, 2020

But they show an increasing interest in online banking, an attempt to grow savings — and a higher debt burden. At a high level, noted the Federal Reserve, between 2016 and 2019, real gross domestic product grew at an annual 2.5 Median family income was up about 5 percent in the three years through 2019, to about $58,600.

Survey 131

Survey Online Report Course 131

PYMNTS

AUGUST 11, 2020

In the used car market, Carvana reported a resounding second quarter, with revenues of $1.12 billion and nearly 56,000 units sold – an increase of 13 percent over 2019 – with the number of cars sold up 25 percent year over year. . An Entirely New Market”. We believe this shift is here to stay.” .

Online 157

Online Michigan Trends Marketing 157

PYMNTS

MAY 14, 2020

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

Online Retail Millennials Analytics 164

PYMNTS

APRIL 22, 2020

For the first 12 days of April they dropped tumbled 63 percent vs. 2019. Online auto sales are the only game in town. That’s good news for consumers who shop for cars online, which they did at an 86 percent rate during 2019. A small percentage of car purchases were made online last year.

Marketing 195

Marketing Online Video Industry 195

PYMNTS

JANUARY 13, 2021

Since its beginnings nine years ago, Auto1 has expanded into 30 European markets and has traded more than two million cars. billion euros in 2019. In the release, Auto1 said it has “a proven business model” and that the European used car market offers a “vast market opportunity.” Revenue grew by 21 percent to reach 3.5

Online 131

Online Groups Branding Marketing 131

Bank Innovation

JANUARY 31, 2019

PayPal finally anticipates monetizing Venmo in 2019, nearly six years after acquiring the P2P service. Venmo's revenue run-rate is over $200 million for 2019, PayPal CEO Dan Schulman said in the earnings call Wednesday after market close.

Marketing 170

Marketing social media Online Cards 170

PYMNTS

DECEMBER 28, 2018

restaurants are expected to face more pain in 2019 such as rising food and labor costs that will hurt profits and hamper plans to spend to grow. are getting used to food delivery, the big chains are getting into the market. Another issue for the restaurant chains in 2019 is the data they are amassing from delivery services.

US 153

US Data Industry Report 153

PYMNTS

NOVEMBER 1, 2019

In releasing predictions for the holiday online shopping season, Adobe said total online spending will increase by 14.1 Cyber Monday is expected to set a new benchmark as well, as the largest-growing online shopping day of the year. percent, which is a total of $143.7 billion, according to a release. It’s expected to see $9.4

Online 101

Online Video Retail Analytics 101

PYMNTS

NOVEMBER 25, 2020

24) that it enjoyed a 61 percent jump in online sales during its fiscal third quarter ended Oct. But all in, Gap Global’s net sales dropped 14 percent year over year, with comparable sales for the brand falling 5 percent from Q3 2019. billion at Q3 2019’s end. said Tuesday (Nov. Gap added that it finished Q3 with $2.6

Online 170

Online Branding Retail Management 170

Perficient

SEPTEMBER 11, 2020

Online spending and grocery shopping rates have doubled since 2019 and is projected to increase throughout 2020 as end-users exercise caution while procuring their groceries. INC: Ecommerce sales for eight weeks ending April 25 th grew 243%, compared to the same period in 2019. Costco: Reported similar gains of close to 100%.

Industry 309

Industry US Exercises Online 309

PYMNTS

MAY 7, 2020

However, consumers are reportedly turning to online casinos and sportsbooks, as the pandemic has closed brick-and-mortar casinos in markets such as the United States to minimize risk. percent that month compared to March 2019, according to the latest PYMNTS Disbursements Tracker , its gaming revenues over the same period jumped 65.7

Online 210

Online Las Vegas New Jersey Nevada 210

PYMNTS

JANUARY 23, 2019

this year as the leading retail market around the world. According to eMarketer’s worldwide retail and eCommerce forecast, in 2019 China’s total retail sales are forecast to increase 7.5 in 2019 by more than $100 billion. in terms of online sales. By the end of 2019, eMarketer predicts China will account for 55.8

Retail 181

Retail Marketing US Online 181

PYMNTS

JANUARY 20, 2020

’Tis the season for … looking back at 2019 holiday sales trends, and figuring out what they mean for payments and commerce so far. Data from Fiserv supports that point: Brick-and-mortar retail growth during the 2019 holiday season stood at 1.4 The online experience is just getting that much better, as far as ease,” he said.

Data 147

Data Retail Mobile Iowa 147

PYMNTS

DECEMBER 27, 2019

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Online casinos’ monthly revenue more than doubled in the 15 months following the rollout of sports betting in June of last year.

NJ 131

NJ New Jersey Las Vegas Online 131

PYMNTS

JANUARY 15, 2021

Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. retail sales occurred in the last two months of 2019, marking a year-over-year increase of 4.1 A notable $730 billion in U.S. Keeping Companies Safe.

Retail 159

Retail Online Fraud Cards 159

PYMNTS

JANUARY 1, 2019

A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.

Payments 223

Payments social media Analytics Capital 223

PYMNTS

DECEMBER 22, 2020

The automotive market continues to fire on all cylinders despite the pandemic as online and offline sales have either remained flat or trending up for Q3. CarMax’s business model is rooted in the physical dealership model as the company has increasingly leveraged its online channels.

Marketing 165

Marketing Online Trends Branding 165

PYMNTS

NOVEMBER 22, 2019

It’s been said cybercriminals look for the path of least resistance when they target businesses or online marketplaces to steal data or money. And, increasingly, online gaming platforms — attractive to the bad guys due to their scale and relative anonymity — are in the crosshairs. The tools are there, but mindset matters.

Online 176

Online Video Fraud Analytics 176

PYMNTS

SEPTEMBER 17, 2020

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. DraftKings signed a multiyear deal in 2019 to be an authorized NBA betting operator. How much potential does online gambling have?

Online 168

Online Indiana New York Nevada 168

PYMNTS

JULY 5, 2020

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for the first time, The Washington Post reports. The GSA is estimated to spend around $6 billion per year on open market credit card purchases.

Online 149

Online Retail Washington Fraud 149

PYMNTS

OCTOBER 15, 2020

In a roundup of today’s top retail stories: The automotive market continues its comeback with a digital spin, conversational commerce is the next big pandemic-fueled trend, and Tiffany said that its preliminary sales results for August and September 2020 are positive. Automotive Continues Comeback Leading With Digital-First Tools.

Retail 206

Retail Marketing Trends Apple 206

PYMNTS

JANUARY 2, 2020

As it aims to tap into its massive digital subscriber base to take on worldwide eCommerce companies, Mukesh Ambani’s Reliance Industries is launching an early version of its online retail offering. The company has reportedly emerged as the strongest rival to the existing online shopping leaders India, Flipkart and Amazon.

Industry 131

Industry Online Retail Report 131

PYMNTS

MAY 31, 2020

Uber first announced it was looking to acquire a stake in the Santiago-based Cornershop app in October 2019. The FNE said it was originally worried that Uber’s purchase of the app would stifle online delivery competition and launched an investigation, Reuters reported. The FNE said in the statement that its investigation began on Dec.

Regulation 130

Regulation Online Retail Regional 130

PYMNTS

FEBRUARY 4, 2020

The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. All in, counting online and in-person wagers, Super Bowl betting was worth roughly $6.8 In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

Online 134

Online New Hampshire Rhode Island District of Columbia 134

PYMNTS

APRIL 30, 2020

The startup Flutterwave , which picked up $35 million last year in venture funding, has launched an online portal that will enable African businesses to set up online shops. The company told TechCrunch that its newly launched product, called Flutterwave Store, is not a shift away from the company’s core online payments business.

Online 141

Online San Francisco Payments Capital 141

PYMNTS

DECEMBER 31, 2019

percent as of 2019 — PYMNTS’ 2019 numbers are historic, trailing 12-month numbers based on data from Q4 2018 through Q3 2019. percent as of 2019 data. In related grocery delivery news, Amazon Fresh, the company’s online grocery delivery program that pre-existed Whole Foods, dropped its $14.99 Webster added.

Retail 136

Retail Online Georgia North Carolina 136

PYMNTS

JULY 27, 2020

Digital commerce has skyrocketed at Albertsons , as the supermarket giant posted a triple-digit increase in online sales for its most recent quarter amid soaring demand for grocery delivery and curbside pickup. The increase in online sales also helped offset declines from the closure of some stores and a drop in fuel sales.

Online 141

Online San Diego Los Angeles Idaho 141

PYMNTS

MAY 14, 2020

Flexibility will be essential to survival, and the pressure is on for small- to medium-sized businesses (SMBs) and financial service providers to migrate online as their customers continue social distancing. “It all starts with accepting that the world as we knew it in 2019 is no more,” he said in a recent discussion.

Online 174

Online Industry Retail Strategy 174

PYMNTS

OCTOBER 11, 2019

In restaurant technology, cloud kitchens have emerged as a new model driven by the rise of online ordering. sales the athleisure market generated as of 2016. 50 percent: Share of Swiss consumers who currently bank online. 15 percent: Approximate amount by which consumers increased spending on online food delivery in 2019 YOY.

Trends 122

Trends Innovation Technology Marketing 122

PYMNTS

JUNE 10, 2020

Consumers are now getting everything online and that’s going to shape their behavior for good. online or offline, safely or not). Although he was extremely concerned about business volume at the beginning of the crisis, Russell says Shift’s online sales rate has doubled since the COVID-19 crisis started.

Online 130

Online Retail Examples Innovation 130

PYMNTS

NOVEMBER 24, 2019

Although Alibaba and JD.com usually lead China’s eCommerce market, the four-year-old Pinduoduo is “popular with China’s lower-tier city residents.” Pinduoduo’s users from first-tier cities spend well over RMB 5,000 ($710) per year, based on annualized figures for the third quarter of 2019,” company founder and CEO Colin Huang has said.

Marketing 181

Marketing Retail Google Online 181

PYMNTS

NOVEMBER 13, 2020

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

Online 214

Online San Francisco Trends Marketing Strategies 214

PYMNTS

AUGUST 12, 2019

Among the ongoing trends in retail is the funding for online used car platforms, and the ongoing rise of eCommerce and digital payments in Latin America. Consumers who want to sell their cars via that platform reportedly seek an online price estimate. “If The year 2019 is when we’ll see a maturity in that used car inventory mix.”.

Trends 115

Trends Online Report America 115