PYMNTS-MonitorEdge-May-2024

The Rise Of Digital And The Challenge Of Brick-and-Mortar

Amazon

Mall owner Washington Prime is caught between struggling tenants and angry creditors. In eCommerce, Amazon has added Poland to its list of country-specific sites. And in mobile, the changing point-of-sale experience is opening the door for digital wallets, while in acquisitions, Square said it has agreed to purchase a majority stake in music and entertainment platform Tidal. All this, Today in Data.

Data:

$297M: Amount for which Square has agreed to buy a majority stake in Tidal.

200: Minimum number of countries in which Amazon does business.

100: Approximate number of malls Washington Prime Group owns across the U.S.

60%: Share of consumers who want “digital choice” at the merchants they frequent.

15: Number of national marketplaces Amazon operates in choice nations around the world.

PYMNTS-MonitorEdge-May-2024