Walmart, aiming to boost its presence in India, is in talks to morph into Flipkart — it wants to become the Indian online retailer’s biggest shareholder by spending $7 billion to purchase stock. Citing people familiar with the matter, Bloomberg reported that Walmart is aiming to acquire...
Procter & Gamble made headlines last week when its Chief Brand Officer, Marc Pritchard, confirmed that the world’s largest advertiser cut $200 million of digital advertising spend in the last nine months of 2017. That year, P&G’s ad spend totaled $7.1 billion. That wasn’t the...
Instagram, the Facebook-owned photo and video sharing social media platform, is testing advertisements that meld videos and product catalogs on its platform. According to a report in Ad Age, the new ads will enable consumers to complete purchases without leaving the platform. Dubbed “collection” by Instagram,...
It’s time to retire the perception that consumers at the older end of the spectrum (65 and up) can’t or don’t shop online. They may not be digital natives, yet that hasn’t stopped them from figuring out some of the ins and outs (even if...
The numbers were in for eBay's 4Q, but it was payments intermediation, and PayPal's disintermediation that stole the earnings show. Here's the impact and the strategy behind the move from eBay to ecosystem
After raising $10 million in Series B funding, delivery logistics platform Bringg has landed another $12 million from investors, TechCrunch reported Thursday (Jan. 17). It includes investments from automotive investor Dr. Shmuel Harlap, shipping and real estate leader Eyal Ofer and Salesforce Ventures. Bringg raised $10 million in...
The pharmacy is just one of those places. Like the DMV or the dentist, it’s one of those places consumers have to visit from time to time — but no one really gets excited about the task. Part of that, of course, is just structural. Going...
In an attempt to attract new types of customers, a Walmart subsidiary, called Code Eight, has started testing a personal shopping service for “busy NYC moms.” According to news from Recode, the target customer of Code Eight is described in an online job listing as a...
The holiday gift crunch is easily the most stressful time of the year to be a parent. (Unless one is the parent of a high school senior. Those parents know the most stressful time of year is waiting to find out whether one’s offspring got...
