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Luxury Retail Finds New Avenues As Brick-And-Mortar Fades

PYMNTS

Look to the Ritz-Carlton in Philadelphia for the freshest evidence of that. Luxury retail is also getting more social, especially in China. Luxury brand s are increasingly using chat app WeChat in China to reach customers and sell big-ticket items. Part of the appeal is that customers can create relationships with brands.

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Tastewise Brings Data To Dining

PYMNTS

Sometime brands hit it lucky, sometimes a very concerted marketing effort makes all the difference — but what flavors define a food trend have heretofore mostly been mysterious. But Tastewise, an Israeli startup, thinks it can fill in the holes here — and actually use data to figure out the consumer palate and possibly where it is going next.

Data 139
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Soda Wars Summer

PYMNTS

The Ad Age story notes that it will also be supported by TV advertising, social media efforts and a summer-long “experiential” tour. The app will also allow users to record a 15-second “digital lip-sync video” that can be shared on social media using the hashtag #ShareaCoke, the brand told Ad Age.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

According to Carvana Chief Brand Officer Ryan Keeton, opening new markets brings an uptick in overall business. “We Orlando, Tempe, Cleveland, Philadelphia, Indianapolis, Pittsburgh, Chicago, Kansas City, Greensboro, Westminster (L.A.), New Markets. Ontario (L.A.), Oklahoma City, and Memphis.

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Fintech Fundings: 9 Companies Raise $73 Million Week Ending Dec 31

Fintech Labs Insights

Social media financial compliance specialist Gremln raised $1.4 It is unlikely we’ll see that much in 2016, but the fintech sector is vast, and there are fascinating opportunities for newcomers and existing brands alike. HQ: Philadelphia, Pennsylvania. One Finovate alum added cash at year-end: . HQ: Bejing, China.