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Payments news: Black Friday sales analysis, China mobile, Tencent growth

Today’s newsletter has Black Friday sales analysis, an in-depth report on China mobile and a profile of Tencent, the largest company you’ve probably never heard of. What do you need to know about Black Friday sales? Online sales were up 17.9% and foot traffic down ...
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Black Friday sales analysis: Online spending up, foot traffic down

US Thanksgiving Day and Black Friday online sales were up 17.9%, reaching $7.09 billion while in-store traffic declined 1%. ...
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Which Chinese tech company is now bigger than Facebook?

What's the biggest half trillion dollar company you never heard of? Learn about Tencent and how it's growing into a global powerhouse. ...
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Mobile China: 520 million wallets & payments worth more than $5.9 trillion

If there was ever any doubt about the direction of the payments industry, one need only look to China for the future. Alibaba’s Ant Financial group reported there are now more than 520 million mobile wallet users in China. The People’s Bank of China reports ...
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Where’s bitcoin going? Two very different views ahead

As bitcoin crosses $8,000 this week, two passionate views are on full display. The bitcoin boosters and bulls are saying watch out for $10,000 before the end of December and $11,500 in 2018. Despite the bitcoin market run-up, the bears are forecasting a serious reality ...
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Bitcoin in peril: “Unchartered waters,” says Cumberland CEO

Cumberland Advisors CEO David Kotok says bitcoin is in peril as we enter "uncharted waters" in the markets. ...
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Will bitcoin break $10,000 barrier by Dec 31?

Is $11,500 bitcoin possible or is the bitcoin market all hat and no cattle? ...
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Adobe Digital Insights 2017: Invaluable online holiday shopping research

We have three-part report based on Adobe Digital Insights research into online Thanksgiving holiday sales, product predictions and consumer buying trends. ...
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Adobe Insights, Pt 3: What discounts are driving holiday sales?

Pt 3 of our look at Adobe Digital Insights' 2017 holiday sales predictions identifies which sales promotions are driving the most sales on which important holiday shopping days. ...
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Adobe Insights holiday product predictions, Pt 2: Novelty & nostalgia

In Part 2 of our look at Adobe Digital insights 2017 shopping predictions, we tell you what products consumers will be buying to put under the tree this year. ...
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