PYMNTS-MonitorEdge-May-2024

TikTok

TikTok Creating Its Own eCommerce Fulfillment Network
TikTok Creating Its Own eCommerce Fulfillment Network
November 08, 2023  |  eCommerce

TikTok is establishing a warehouse and fulfillment network to boost its eCommerce operations. As a report Tuesday (Nov. 7) by The Wall Street Journal (WSJ) noted, this move...

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Toys, Pet Products Expected to Fuel Retail Sales on Social Media 
Toys, Pet Products Expected to Fuel Retail Sales on Social Media 
November 08, 2023  |  Social Commerce

Consumers are becoming increasingly connected on social media, and retailers are taking notice. In a bid to grow engagement and sales, merchants have taken to...

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TikTok Teams With Real Authentication for Handbag Verification
TikTok Teams With Real Authentication for Handbag Verification
November 06, 2023  |  Retail

TikTok is offering authentication services for pre-owned handbags on its American eCommerce marketplace. TikTok Shop teamed up with luxury goods authentication provider Real Authentication to...

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More Than 40% of Consumers Use Their Social Media Feeds to Find Products
More Than 40% of Consumers Use Their Social Media Feeds to Find Products
November 01, 2023  |  Social Commerce

In today’s digital age, social media has become a powerful tool for consumers to discover and purchase products. Platforms like TikTok, Instagram, and YouTube have transformed...

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Gen Z’s Shower Routine Obsession Boosts L’Occitane’s Sol de Janeiro 
Gen Z’s Shower Routine Obsession Boosts L’Occitane’s Sol de Janeiro 
October 24, 2023  |  Retail

What’s in your “everything shower” routine?    For those who aren’t in the know, on TikTok, content creators are describing it as a multistep shower...

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FinTech Tools Help Teens Build Credit Amid Increase in Social Media Financial Influencers
FinTech Tools Help Teens Build Credit Amid Increase in Social Media Financial Influencers
October 23, 2023  |  Personal Finance

In a world where children and teenagers often grow up surrounded by screens and smartphones, a new breed of companies, particularly FinTech firms, is using...

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YouTube Unveils Features to Boost Creators’ Shopping Revenue
YouTube Unveils Features to Boost Creators’ Shopping Revenue
October 18, 2023  |  Social Commerce

In an effort to empower content creators and maximize revenue potential, YouTube has unveiled features that simplify the marketing and sale of products within videos. These...

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TikTok to Argue in Court Against Montana’s Ban of Its App
TikTok to Argue in Court Against Montana’s Ban of Its App
October 12, 2023  |  Legal

TikTok is scheduled to present arguments before a federal judge Thursday (Oct. 12), aiming to get a preliminary injunction against a Montana ban on its...

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Bank of America: AI Poised to Disrupt Every Sector
Bank of America: AI Poised to Disrupt Every Sector
October 11, 2023  |  artificial intelligence

Artificial intelligence (AI) is predicted to have a significant economic impact, potentially reaching $15.7 trillion by the end of the decade, according to Bank of America....

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