Global Social Commerce Market to Reach $604.5 Billion in 2027
The growth in online shopping has led to the acceleration of alternative shopping habits like social commerce. Growing at a 31.4% compound annual growth rate…
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Amazon Fresh Most Used Delivery Service During Pandemic in US – 29% Regularly Used the Service
As businesses were forced to shut due to lockdowns imposed by the COVID-19 pandemic, consumers were faced to you alternative services than normal. According to…
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Vacation Rental Revenues Halved Amid COVID-19 Crisis, Entire Industry to Lose $35B in 2020
Over the years, the vacation rental industry became a huge business, with millions of tourists choosing fully furnished homes or apartments instead of a traditional…
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Fastly Misses EPS Estimate by 300% in Q3 2020 Due to Low TikTok Traffic
Infrastructure-as-a-service (IaaS) provider Fastly posted a net loss during the third quarter of 2020. Based on its earnings report for the period, it had a…
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Enterprise Application Software Revenue to Decline 2.2% to $237 Billion in 2020
According to the research data analyzed and published by Stock Apps, as a result of the economic recession in 2020, the enterprise application software industry…
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Alibaba Merchants Sell $40B in First Half Hour of Singles Day 2020, More than 2019 Event Full Sales
Singles Day 2020 was a roaring success, cementing its position as the world’s biggest shopping holiday. The event saw consumer spending on Alibaba’s eCommerce platforms…
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Top Three PC Vendors Shipped 121.5 Million Units in 2020, Lenovo Leads with 47.1 Million Shipments
Remote working and distance learning amid the coronavirus outbreak continue increasing global demand for PCs and laptops. After a sharp fall in the first quarter…
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Cruise Industry to Lose Almost $20B in Revenue Amid COVID-19 Outbreak, a 71% Plunge YoY
Not many industries have been hit by the coronavirus outbreak as the cruise industry. Cruise line revenues practically disappeared since the COVID-19 pandemic hit in…
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Global Interest in Bitcoin on Google Grows by 108% to 12-Month High
Bitcoin continues to have a tremendous year with the asset hitting the highest price level in almost three years. The soaring Bitcoin price can…
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AI Startups Raised $73.4B in Total Funding, Over $15B of Investments in 2020
As one of the hottest sectors, artificial intelligence continues revolutionizing and automating industries worldwide, transforming how companies operate, manage their finances, build customer relations, and…
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