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Search engines are weakening Amazon's hold on product search Amazon's share of initial product searches dropped from 55% in 2016 to 49% in 2017, and search engines like Google appear to be responsible, according to a survey from Survata as cited by Bloomberg.
Search engines' share went from 28% to 36% between 2016 and 2017, reversing the drop they saw between 2015, when they had 34%, and 2016.
The rise of mobile commerce (m-commerce) may be responsible for search engines' turnaround.
BI Intelligence analyst Daniel Keyes has the full story.
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| | | In a new report, BI Intelligence explores Gen Z's current shopping habits — both online and in-store — and how those habits might evolve over time. It looks at their spending power, both now and in the years to come, and the drivers that lead them to complete a purchase. It also assesses Gen Zers' unique traits, and the ways that retailers and brands can leverage those characteristics to make them loyal customers. Learn More → | | | | |
| | | In a new report, BI Intelligence looks at the shifts in the broader environment that fintechs operate in, including funding patterns and regulatory trends; examines the adaptations that some of fintech's biggest subsegments have had to make to secure a foothold in the financial services system; and discusses how the continued rise of the fintech industry is pressuring incumbents to make fundamental changes to their business models and roles. It ends by assessing what a global economy increasingly influenced by innovative fintechs will look like. Learn More → | | | | |
| | | A new report from BI Intelligence addresses how in-store mobile payments volume will grow through 2021, why that's below past expectations, and what successful cases can teach other players in the space. It also issues actionable recommendations that various providers can take to improve their performance and better compete. Learn More → | | | | |
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| | | Robert Bosch Venture Capital (RBVC), the venture arm of the German industrial giant Bosch, recently announced that it purchased a "significant number" of MIOTA tokens, according to Venture Beat. MIOTA is a cryptocurrency based on the IOTA distributed ledger platform operated by the German IOTA Foundation. Read More → | | | | |
| | | NFL ad revenue increased 2% YoY across all networks from September to November of this season, despite declining viewership, according to Adweek. Read More → | | | | |
| | | Apple Maps, perhaps the most oft-derided Apple product, still lags significantly behind Google's Maps product, according to an in-depth analysis of the two mapping systems by cartographer Justin O'Beirne. Read More → | | | | |
| | | Stitch Fix reported substantial revenue and customer growth in fiscal Q1 2018 (ended October 28). The subscription apparel retailer grew revenue by 25% year-over-year (YoY) to nearly $300 million. Read More → | | | | |
| | | Investment banking giant Goldman Sachs will have a cryptocurrency trading desk up and running by June 2018, according to sources quoted by Bloomberg. Read More → | | | | |
| | | Two 18-year-olds have developed a unique messaging app called Turtle that reformulates how people meet and chat online. The app hinges on a simple and original concept: conversation powered by temporary anonymity. Read More → | | | | |
| | | Apple has filed a patent for an autonomous navigation system for vehicles that could minimize the role that maps would play in a self-driving car, reports CNBC. Read More → | | | | |
| | | The 2017 holiday season was Amazon's "biggest yet," with "record levels" of consumer shopping, according to a press release from the e-commerce giant. Read More → | | | | |
| | | Apple's iPhone and iPad led in device activations during the week leading up to Christmas 2017, according to a new report from Flurry Analytics. Read More → | | | | |
| | | Snapchat is developing a product that will make Snapchat Stories available on third-party platforms outside of the mobile app for the first time. Read More → | | | | |
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5G smartphone shipments to hit 1.5 billion in 2025 |  | |
Advertisers are all-in on in-app ads |  | |
Credit card players should capitalize on Canada |  | |
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