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Snapchat | June 12, 2020
Snap has rolled out a large array of new features for popular social media app Snapchat, including Snap Minis, which allow brands to offer new ways to connect on the app, and new augmented reality features, the company said on Thursday (June 11). The popular social media app said Minis are “a new way for developers to bring their services inside Snapchat and empower new, social experiences.” Users will be able to use apps like Headspace to meditate with friends, flashcards apps to st...
pymnts | April 07, 2020
As March sales and earnings reports start to show up this week, new data indicate that eCommerce sales for essential and nonessential retail will show a dramatic spike. The increase is logical, given the shelter-in-place orders aligned with COVID-19. But recent concerns about supply chains and consumer spending appear to be non-factors in recent growth. New data released this morning by ACI Worldwide show that most retail categories have seen a 74 percent rise in March compared to 2019 for eComm...
Cision PR Newswire | August 10, 2020
Mad Mobile, Inc., a leading mobile platform for enterprise restaurants and retailers, today announced it has signed an agreement to acquire CAKE, a restaurant technology company based in Silicon Valley and owned by Sysco Corporation (NYSE: SYY). The CAKE Point-of-Sale (POS) solution serves more than 5,000 restaurant locations today. The transaction will accelerate Mad Mobile's vision to deliver a next-gen POS solution featuring a modern architecture and mobile capabilities. Mad Mobile will c...
Shopify | May 06, 2020
As the coronavirus pandemic speeds up consumers’ transitions to online shopping, Shopify reported that new stores created on the platform jumped 62 percent from March 13 to April 24 compared to the six weeks before. According to the company, the growth was powered by “the shift of commerce to online as well as by the extension of the free trial period on standard plans from 14 days to 90 days,” according to an announcement.
Shopify said the number of shoppers believed to...
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