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TikTok Doubles Sales To $35 Billion Despite Bans, Layoffs

PYMNTS

Some 58 additional Chinese apps were also banned by India’s Ministry of Electronics and Information Technology. “It Its sales have aligned with those of giant legacy brands like Nike and Coca-Cola. billion by 2027. Social commerce topped $89 billion January to September 2020 and is forecasted to hit $604.5

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PrimeLending Taps AI To Digitize Loans, Speed Up Disbursements

PYMNTS

Another study predicted that the P2P lending market will reach nearly $559 billion by 2027 due to this expanded interest. The Tracker also explores what tools and technologies may prove beneficial for lenders looking to meet those needs.

Lending 163
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AI/BOTS: Artificial Intelligence’s Impact On Jobs

PYMNTS

Artificial intelligence (AI) has helped to swing the pendulum in favor of chatbots, along with other technology integrations, into a sweet spot that’s helping to likely streamline processes throughout retail. By the year 2027, Forrester is predicting U.S. Between now and 2027, however, there will be 24.7 employment will see a 9.8

Retail 121
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Amazon Walmart Whole Paycheck Tracker: Beauty, Fashion And Food

PYMNTS

Walmart’s move on skincare could have been forecast simply by looking at skincare’s $123 billion in global revenue in 2018, or the $175-$200 billion it is forecast to generate annually by 2027. New Idea of the Week: Spotlighting Top Brands . New Idea of the Week: Walmart-Branded Beauty. According to survey data from the U.S.

Branding 109
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Looking Toward Unattended Retail’s ‘Bright Future’ At The Kiosk

PYMNTS

percent growth forecast for the global kiosk market from 2019 to 2027. Payment at a kiosk is often the preferred option for consumers these days, as kiosks are benefiting from vastly improved designs and are leveraging artificial intelligence (AI) technology to meet consumers’ needs. The Kiosk Evolution.

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Vending Machines Turn To The Bubbly To Gain More Sales

PYMNTS

Digital technology and payment methods are playing big roles in fueling advances and boosting the appeal of unattended retail. Vengo Labs CEO and Co-Founder Brian Shimmerlik told PYMNTS in a January interview , “We love shrinking down, and bringing the design and technology a whole new flavor. Better Food.

Retail 122