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PC shipment reports from research firms Gartner and IDC do not offer much relief to PC vendors such as HP, Dell, Lenovo, Apple and Acer. Microsoft and Intel will also continue to face struggle in the global PC market.
Gartner said PC shipments fell 1.4 percent to 61.7 million units in the first quarter of 2018. The global PC market posted 14th consecutive quarter of decline, dating back to the second quarter of 2012.
IDC said shipments of traditional PCs reached 60.4 million units and recorded flat (0.0 percent) growth in the first quarter of 2018.
Build up in commercial renewal activity is the main driver for the stabilizing trend in the PC market. Business PC marker such as HP, Dell, and Lenovo have benefitted from business uptake of Windows 10 systems.
Demand for premium notebooks in both the consumer and commercial segments have helped major tech vendors retain better margins and garner buyer interest. Focus on gaming systems has injected slight improvement in pockets of the consumer space.
PC shipments in Asia Pacific fell 3.9 percent, while shipments in the U.S. dipped 2.9 percent in Q1 2018. China’s PC market dropped 5.7 percent.
“This was driven by China’s business market, where some state-owned and large enterprises postponed new purchases or upgrades, awaiting new policies and officials’ reassignments after the session of the National People’s Congress in early March,” Mikako Kitagawa, principal analyst at Gartner, said.
“The component shortage that initially impacted portions of 2017 led some vendors to stock up inventory to avoid expected component price hikes, and that led to some concerns of excess stock that would be hard to digest in subsequent quarters,” said Jay Chou, research manager with IDC’s Personal Computing Device Tracker.
Neha Mahajan, senior research analyst, Devices & Displays at IDC, said a rise in commercial activity amidst a positive economic environment is expected to strengthen PC demand. The retail platform too shows signs of stability especially with a fast-growing gaming community adding to the confidence.
HP, Lenovo and Dell accounted for 56.9 percent of PC shipments in the first quarter of 2018, compared with 54.5 percent of shipments in the first quarter of 2017.
Dell achieved the strongest growth rate among the top six PC makers, as its global PC sales increased 6.5 percent.
HP Inc.’s PC shipments increased 2.8 percent. HP Inc. was adversely impacted by declining demand in the U.S., which generally accounts for one-third of its total shipments.
Lenovo’s PC shipments remained flat in the first quarter of 2018. Lenovo achieved 6 percent growth in EMEA. Lenovo’s PC sales in Asia Pacific, its largest market, declined 4 percent in Q1 2018.
Dell grew in all regions except Asia Pacific. Dell’s desktop and mobile PCs grew in equal measures, showing Dell’s strength in the business segment.
HP achieved 4.3 percent year on year growth in global PC market thanks to growth in all regions except Latin America.
Lenovo’s PC market growth was flat in Q1 2018, the third consecutive quarter in which the China-based devices company saw year-on-year volume stabilize with flat global growth and a slower pace of decline in the U.S.
Dell Inc. posted 6.4 percent growth buoyed by strong performances in nearly every region.
Acer is the fourth largest PC vendor.
Apple is the fifth largest PC market though its global shipment fell 4.8 percent.


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May 10, 2018
WELLESLEY, Mass., May 10, 2018– Emerging technologies and rising disposable incomes are helping to drive growth in the global watch, clock and measuring device manufacturing market, according to a report by BCC Research. The industry is moderately concentrated, with a few large manufacturers dominating sales.
The international market is expected to see a compound annual growth rate (CAGR) of 11.2% through 2022, when it could be worth $124.2 billion, according to the report Watch, Clock and Measuring Device Manufacturing: Global Markets Through 2022.
Major players in the market include Apple Inc., Samsung, Fitbit, Huawei Technologies Co. and Garmin Ltd.
“The watch, clock and measuring devices manufacturing market is expected to grow from steady economic growth forecasted in many developed and developing countries,” the report noted. “The U.S. economy has been growing since 2015 and is expected to grow during the forecast period as well. Emerging markets would continue to grow significantly and are expected to reach slightly higher than the developed markets in the forecast period.”
Smart Watches Suffer From Poor Battery Life, While Phones Seen as a Chief Threat
A number of factors are restraining growth in the market, the report notes. Chief among them is the presence of smart-phones, many of which track time and measurements just as well as dedicated instruments do and offer equal or greater connectivity. Meanwhile, smart watches are seen by many as inferior technology due to their expense, bulky size and poor battery life. In 2017, just 15.6% of American consumers owned smart watches, while 77% of Americans owned smart phones.
Editors/reporters requesting analyst interviews should contact firstname.lastname@example.org.
Watch, Clock and Measuring Device Manufacturing: Global Markets Through 2022( IAS053A )
Publish Date: May 2018
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email email@example.com or visit www.bccresearch.com/media to request access to our library of market research.

domain: news


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LIVE FROM GSMA MOBILE 360 LATIN AMERICA, BOGOTA: Telefonica’s data traffic in Latin America increased by a factor of four in the past two years and the operator expects mobile data services to form the basis of the fourth industrial revolution.
Luis Malvido, executive director of Telefonica Hispanoamerica (pictured), said data is the new commodity replacing traditional, tangible products like timber and steel. This presents a tremendous opportunity for operators to bring the region up to par with the rest of the world from a technology view point, and will also determine success for the enterprise sector.
Telefonica wants to “jump on this bandwagon” and combined data from three platforms (data centres; systems; and products and services) onto a fourth platform where it is compiled and analysed.
Malvido said this data revolution “will explode” with 5G and “the challenge is to create new operational and financial models to develop the new networks”.
In his opinion this can only be done if operators collaborate with each other and with governments.
Taxation, spectrum and permits are issues “that must be rethought” as the process of tenders and bids, and getting licences and permissions, can take up to six months or more, and need to be faster.
He said IoT will mean a tonne of data coming in as everything from devices to animals is connected.
While data on consumer behaviour is crucial to shaping business decisions, Malvido noted it is important users control what data they want to share and who can see it.
Malvido also touched upon the importance of building OTT video services, as watching video on demand is replacing the classic pay per view model and users demand instant access to entertainment and information.


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Federal Reserve official Michael Barr emphasized the necessity of regulating stablecoins in prepared remarks on Friday. He stressed that when an asset is tied to a government-issued currency and functions as a means of payment and a store of value, it gains the trust associated with the central bank. Therefore, the Federal Reserve has a strong interest in ensuring that all stablecoin offerings operate within a suitable federal regulatory framework to safeguard financial stability and the integrity of the payments system.
The Federal Reserve has heightened its focus on stablecoins and has recently announced additional measures to bolster its oversight of banks involved in stablecoin activities. Barr previously expressed deep concerns about the issuance of stablecoins without robust federal oversight.
In Congress, lawmakers have been engaged in debates about how to regulate stablecoins, aiming to establish a federal framework. While the House Financial Services Committee made progress by advancing a stablecoin bill, it faced criticism for a provision allowing state regulators to approve stablecoin issuance without Federal Reserve involvement.
Continued Research into Central Bank Digital Currencies (CBDCs)
The central bank continues to explore central bank digital currencies (CBDCs). Barr clarified that the Federal Reserve would only proceed with a CBDC with clear support from the executive branch and authorization from Congress. Research efforts are currently focused on end-to-end system architecture, including ledger maintenance, security, verification of digital asset transactions, as well as tokenization and custody models.
Overall, Barr’s remarks underscore the critical importance of regulating stablecoins within a federal framework to ensure the stability of the financial system and payment mechanisms.
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Activision Blizzards’ activities have been upended since the lawsuit filed by California on July 22, and changes have not been avoided by smaller sections of the company. According to Dextero, and evidenced by actions and lack of advertisements, phone company T-Mobile has pulled its sponsorships of the Overwatch and Call of Duty Leagues.
From July 29 to August 1, the Call of Duty League hosted its Stage 5 Major, a large event with well-known Call of Duty teams and gamers and a prize pool of $500,000. Unusually, there was no mention of previous sponsor T-Mobile, and all references to the brand had been removed. For both Call of Duty League and Overwatch League, the brand and its logos had been taken out of the broadcasts, the websites, and even taped over on the player’s jerseys. It is clear that the two brands are no longer in a partnership together.
T-Mobile has reportedly ended its sponsorship of the Call of Duty League & Overwatch League.
Their logo was removed from the site last week.
It’s unclear if it is related to the lawsuit. Both Activision Blizzard & T-Mobile have declined to comment yet. https://t.co/KFoezhCkfC
— CharlieIntel – Call of Duty News (@charlieINTEL) August 3, 2021
While it is likely that this rift was caused by the lawsuit, neither party has made any official statement regarding the loss of sponsorship, either that it exists or its cause. Fans of the aforementioned leagues will simply have to wait and see what occurred and the fallout. The Overwatch League is broadcasting the Countdown Cup qualifiers from August 6 to August 8, and it is unknown if this loss will affect the event. It is also unknown if any other sponsors plan to follow suit. Plenty of other, far more big picture, consequences have affected Activision Blizzard because of this lawsuit and there are likely more to come as the company attempts to revamp itself into a non-hostile environment.


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Pharmaceutical giant Merck saw growth in its sales revenues for the firm’s fiscal 2007 fourth quarter and year (end-Dec. 31, 2007), but reported steep losses for the final quarter and a downturn in net income for the year.
The company posted unaudited net sales for its 2007 fourth quarter of $6.243 billion, an increase of 3 percent over the $6.044 billion recorded for revenue in the fourth quarter of 2006. Worldwide sales were $24.197 billion for full-year 2007, an increase of 7 percent over the $22.636 billion recognized for full-year 2006. The Whitehouse Station, N.J.-based firm noted that foreign exchange provided a favorable effect to global sales performance of 2 percent for the year and 4 percent for the quarter.
Merck reported a net loss in the fourth quarter of $1.631 billion, a sharp downturn compared with the $474 million in net income for the same quarter of fiscal 2006.
The company stated that the losses for the period includes a fourth-quarter 2007 charge of $671 million in connection with the anticipated resolution of investigations of civil claims by federal and state authorities relating to certain past sales and marketing activities, including nominal pricing programs and samples. In addition, a previously disclosed $4.85 billion pretax charge was recorded in the fourth quarter related to the U.S. Vioxx Settlement Agreement and was reflected as a separate line item in the consolidated statement of income.
For the 2007 fiscal year, Merck showed net income of $3.275 billion, a decline from the $4.434 billion in net income stated for its 2006 fiscal year.


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The Financial Conduct Authority (FCA) warns credit cardholders in the United Kingdom to raise their debt repayments or have their accounts closed.
The new rule permits banks, financial firms, and lenders to notify cardholders in case they are only making minimum repayments for 18 months. To FCA, this is a way to help lessen the burden of Brits cardholders who are accumulating more balances on their credit cards over time.
After 36 months, the lender must provide a way for cardholders to repay balances on the credit card or ultimately suspend the card. In addition, banks and credit card firms are also allowed to stop automatic credit limit increases.
This new rule was implemented last September 2019 but the suspension of credit cards can happen as soon as February 2020. The financial regulator believes that this rule can help consumers to save money per year.
“Credit cards offer customers the flexibility to manage their finances and repayments, but with this, there s risk customers can build up and hold debt over a long period of time, without making much headway on the outstanding balance,” said Christopher Woolard of FCA.
Woolard also added that the new rule can ‘break the cycle’ of persistent debt and ensure that Brits are able to repay balances quickly or have their cards suspended.
The FCA said for every £1 of debt repayment, cardholders pay an average of £2.50 in interest and other charges. The financial regulator projects £1.3 billion consumer savings with the new rule.
For major banks like the Barclaycard, a company spokesperson said they are ‘persistently writing’ to cardholders who aren’t increasing their monthly repayments. Barclaycard will start suspending credit card accounts next month, as part of the new rule implementation.
Other banks will also start closing credit card accounts in February 2020.


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The Icelandic government, two Icelandic municipal authorities and the EFLA engineering company signed a memorandum of understanding to promote the creation of a new port in the northeast corner of Iceland.
SSA Marine's Oakland International Container Terminal will make appointments mandatory for the majority of containerized import pick-ups in order to shorten lines at terminal gates and speed up cargo delivery to customers.
The company plans to accept the weights that clients provide as certified, but if clients are not able to provide the certified weight, it will weigh the cargo on their behalf.
Registration takes less than 1 minute.
Inchcape Shipping Services has named its global compliance officer, while Kane Is Able has hired a senior vice president of human resources.
Schenker Inc. gains new U.S. CEO and XPO Logistics appoints chief transformation officer, while CEVA Logistics picks aerospace VP and GAC North America names regional commercial director for oil and gas.
The South Korean ocean carrier's results for the quarter were hindered by continuously falling freight rates and the imbalance of supply and demand.


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Starr Computers launches Business Centre: “Technology in Business, transforms businesses”
Starr Computers today launched its business centre on the second floor of its 59 Brickdam, Stabroek location, aiming to provide start-up businesses-small to medium and corporate entities with Information Technology solutions.
President of Starr, Mike Mohan said “that business(es) cannot afford to operate the way they did ten years ago.” He believes that “it is businesses that adapt to technology that will be more productve, efficient and provide better customer services. Technology in business, transforms businesses.”
According to Mr. Mohan companies in Guyana are not realising their potentials since they are utilising traditional methods of operations.
An exciting new product demonstrated at the launch was a video doorbell buzz for entrances to buildings, offices or homes. All that is required is the press of the button and this alert rings the cell phone with a live video feed.
The Touch Screen POS Solutions, Portable printers, Portable Point of Sale equipment, Biometric systems among others.
General manager, Rehman Majeed said he has seen heightened demand by local companies seeking advice to enhance their current POS systems in order to respond more effectively to customers’ needs.


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More are converting heritage or family properties into hotels, drawn to new opportunities at a time when travellers are seeking a taste of local hospitality. By Suchat Sritama
Recent relaxation of laws governing conversion properties has prompted a spate of small hotel openings in Thailand, among which are residences and heritage buildings.
The concept of boutique hotel appeared in Thailand for the first time 30 years ago, when Thais returning from their education overseas began turning their own properties into tourist accommodation.
It is estimated that hundreds of new operators are have in recent years entered the market, with many more scheduled to open their doors in 2020.
Major factors driving the growth include the relaxation of a hotel law that will allow old building owners to repurpose their properties into tourist accommodation and more easily obtain the necessary licences.
Despite many Thai destinations already grappling with an oversupply, new boutique players believe they can survive in the market with their relevant, innovative and differentiated offers.
Montara Hospitality Group – which operates a luxury hotel in Phuket named Trisra, Phraya Palazzo riverside boutique hotel in Bangkok and a museum in Lampang province – this year transformed an old movie theatre in Bangkok’s Bangrak district into Prince Theatre Heritage Stay.
CEO Kittisak Pattamasaevi shared that the hotel offers a sense of heritage and place in a neighbourhood that once formed part of a commercial district in the Bangkok old town.
Down the line, the group intends to tap into its expertise to focus more on F&B and intimate private events.
Another example of a repurposed hotel is Bangkok Publishing Residence, a museum-slash-hotel which opened its doors two years ago in a shophouse that used to house the publisher behind the long-gone Bangkok Magazine.
With only eight rooms, priced between 5,800 (US$181) and 7,800 baht, the hotel sees good demand despite not accepting walk-in guests. Guests mostly hail from the US, Europe, China and Taiwan.
General manager Panida Tosnaitada said: “Our family never ran a hotel before, but we are confident (of achieving success) if we can serve and understand client’s needs.”
Changes in consumer preferences is also boding well for business. Panida observered that more tourists are choosing not to stay in big hotels, instead preferring to experience more authentic local hospitality and culture.
Staporn Sirisinha, founder of Serene Bangkok Bed and Breakfast, agreed. “There are so many big hotels in the market, but not all meet the taste of tourists. Today’s travellers are seeking experiences, (not just in their tour itineraries), but also when it comes to accommodation,” Staporn said.
His four-room hotel also offers spa treatment. He sees half of business coming from domestic guests and the other half from international travellers.
Kantasom Noppawong Na Ayudhaya, started operating a hotel within an 80-year colonial-style house in Bangkok’s old town six years ago. He is the third generation occupant of the home, but the first to run a hotel business.
At Baan Noppawong Hotel in old Bangkok, whose room rates vary between 2,000 and 2,500 baht, some 80 per cent of guests hail from the US and Europe.
In Bangkok’s Huaykwang district, another creative hotel named MeStyle Garage launched in 2018. All 75 rooms are decorated with car parts and accessories while classic cars, engines and motorbikes are displayed in public areas.
Beyond Bangkok, small hotels and poshtels have also gained popularity in other tourist cities. An example is Nhapha Khao Yai Resort in Nakhon Ratchasima province.
Managing director of the resort developer, Kawit Koudomvit, said all 10 villas are built on an old mining cliff. Each unit is priced over 8,000 baht including meals – higher than most room rates in Bangkok, Chiang Mai, Pattaya and Hua Hin.
The domestic market makes up 70 per cent of business, with the remaining guests hailing from Singapore and Malaysia.


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This year shopware AG is again taking part in dmexco, one of the biggest digital trade fairs in Germany, on 14 and 15 September 2016. In addition to valuable information about the latest version of the shop system, visitors will also gain deep insights into the brand-new retailer network Shopware Connect, which is currently in the final phase of development. A total of twelve co-exhibitors from every imaginable area of e-commerce will also bring their combined knowledge to the Shopware booth (D-040 in hall 6).
The company from Schöppingen in North Rhine-Westphalia already presented its retailer network Shopware Connect and the many possibilities for retailers at the Shopware Community Day on 20 May. Shopware Connect will then be presented to the wider public for the first time in mid September. “For us, dmexco is one of the trade fair highlights of the year in Germany,” says Wiljo Krechting, public relations manager at shopware AG. “We always present the latest features of our solutions to our customers and other interested parties there.”
In addition to Connect, Shopware is also showcasing its latest release 5.2. The software manufacturer has taken another big step in the direction of open source with the new version this spring. For example, the encryption of premium plugins with ionCube has been shelved and subshops are directly integrated into the cores free of charge. In addition, the Shopware developers have refractured many other components of Shopware and added the Shopware ERP powered by Pickware as an advanced feature. dmexco will be the first time that this innovative release is exhibited at a large trade fair.
The agencies hmmh, best it, Portaltech Reply, TWT, Rhiem and Neofonie, and technology partners Pickware, Profihost, cateno, SLI, compra and eFulfilment will also be there as co-exhibitors.
The first day of the trade fair will again end with a booth party starting at 6.30 pm. DJ Alex B. Groove sets the scene with the right music while guests can round off the evening with cold drinks and curried sausage – the ideal way to spend an evening networking in the e-commerce scene.
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The Metal Gear Solid Board Game Has Been Delayed Again
Metal Gear Solid: The Board Game is now set to launch sometime in the summer of 2021.
For those of you who are trying to get your Metal Gear Solid fix in any way now that the series is practically dead, you might have to wait a bit longer to get your hands on the board game.
Via Polygon, the publisher behind the tabletop game, IDW Games, announced on Friday that we can expect to get our hands on it sometime in the summer of 2021. This wasn’t the first delay Metal Gear Solid: The Board Game has had. Back in November of 2019, IDW announced a delay that pushed the release back until the summer of 2020. The recent statement to customers who pre-ordered stated that the publisher will be pushing it back an entire year.
On top of the delay, the developers had an update on the final price of the board game as well. The price will be a little bit higher than expected. However, those who already backers and have paid $109 for their pre-orders will not see a price increase. The statement reads: “After additional development work, we’ve determined that moving forward, the game will be $125. So, you’ll be saving $16 for your early support!”
The publisher behind the board game has stated that there will be more updates in “the next few months.” This will be everything from gameplay coverage, components for the board game, and missions. It was also mentioned that those who pre-ordered the game will receive an invite to a virtual edition of Metal Gear Solid: The Board Game in Tabletop Simulator and Tabletopia next year in March of 2021.
While yes, this is a blow for all of those huge Metal Gear fans out there who were looking forward to this board game. However, the news of Metal Gear Solid V players on the PS3 disarming all of the nukes online and unlocking the secret ending might make up for it.


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Time to exhale! After two extremely volatile days for the market, stocks barely budged Wednesday.
Uncertainty about Ukraine remains. There was also a disappointing report on private sector hiring for investors to digest. But the Dow and Nasdaq ended little changed. So did the S&P 500. But it did hit another new all-time high before its flat finish.
Wednesday's pause comes as the high-stakes standoff between Ukraine and Russia continues, with both sides insisting they don't want war.
The EU announced that it was offering an aid package to Ukraine worth € 11 billion. Meanwhile, Secretary of State John Kerry is scheduled to meet Russian leaders as the U.S. considers implementing economic sanctions against Russia after the country's forces took control of Crimea. EU officials have also said they are considering sanctions.
The recent focus on Ukraine and volatility in stocks show "there's a lot of fragility to the markets," said Goldman Sachs(GS) CEO Lloyd Blankfein during an interview with CNN's Wolf Blitzer Wednesday afternoon. Blankfein also addressed the recent spate of weak economic data.
"Don't forget even though we're in a recovery, the recovery is slow, it's a little bit ambiguous," he added.
That includes the job market. Payroll processing firm ADP reported that private sector employers added just 139,000 jobs in February. That missed economists' forecasts. Like many of the other weak economic reports lately, economists were quick to blame the disappointing number on snow and ice.
The mediocre report is worrisome two days before the government will release the official numbers for job growth and unemployment for February. Economists surveyed by CNNMoney expect that 150,000 jobs were added last month, up from only 113,000 jobs added in January. They expect the unemployment rate to remain at 6.6%
Still, it looks like investors are once again growing more bullish. There's been a sharp shift in the mood of the market over the past few weeks. CNNMoney's Fear & Greed index is now in Extreme Greed mode, compared to Extreme Fear just a month ago. The index tracks the VIX(VIX) and six other gauges of investor sentiment.
On the corporate front, eBay(EBAY) remained in focus as a spat between the company and activist investor Carl Icahn continued. In The Wall Street Journal Tuesday, eBay CEO John Donahoe said breaking up the company from PayPal is a bad idea. On CNBC Wednesday morning, Icahn continued to push for the spin-off, and said he's "never seen worse corporate governance than eBay."
Should Icahn shut up about eBay?
Shares of eBay didn't do much Wednesday. But they are near an all-time high of just below $60.
StockTwits user jimmac said "the Icahn effect may be fully priced here at 59" and that the stock "could very well stay within the 12 month range. Don't see new catalysts."
Traders are optimistic that the stock will continue to surge. A TechCrunch report from Tuesday suggesting that Facebook is in talk to buy drone maker Titan Aerospace put Facebook investors in a particularly good mood. Facebook is interested in using the drones to bring Internet access to parts of the world still without it, beginning with Africa, the report said.
One trader compared Facebook to Google(GOOG) and another said the stock could climb another 40% from its current levels of around $71.
"$FB Zuck is going to buy the drones and connect the world on FB," said tecrider. "This is the company's mission. This is going to be huge like Google."
"$FB Internet to the world is gonna drive this over $100... quickly," said Stumptowners. "Lookin' good."
Smith & Wesson(SWHC) surged 16% after the gunmaker reported sales jumped 7%, with handgun sales up 30%. Shares of rival Sturm Ruger(RGR), which reported disappointed sales last week, rose as well. But some StockTwits traders seemed skeptical.
RCaptain recalled that shares of both gun makers fell sharply last week, even before Strum Ruger's earnings release.
"$SWHC People forget how fast this ran down the last week for no reason, he said "And B4 $RGR earn to boot."
PetSmart's(PETM) revenue fell short of forecasts, sending shares of the pet supplies retailer down 1.5%.


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DETROIT - Marshalls, one of the nation's largest off-price retailers with more than 900 stores currently operating in 43 states and Puerto Rico, will be relocating to Gateway Market Place on August 29, 2013.
Marshalls shoppers in Detroit will find top-quality, on-trend fashions and the most sought-after designer brand names at unbelievable prices in ladies fashion, shoes, accessories, men's apparel, home, juniors, kids apparel and accessories, luggage, beauty and more.
"The new Detroit store will be stocked with a new, fresh assortment of the designer and brand name merchandise that shoppers love, every single week," said Richard Sherr, president of Marshalls. "Our buyers are fashion experts with a keen sense of style and are passionate about finding the most coveted merchandise for our shoppers for so much less."
Join Marshalls on August 29th from 8:00 a.m. until 10:00 p.m. to be part of the grand opening excitement and find amazing deals for the whole family. Enjoy the festivities including giveaways, gift card prizes, and more.
Store Facts & Features:
New location: Gateway Market Place
- Relocating from 29708 Southfield Road/ Southfield Plaza
- 28,000 square feet
Regular store hours:
- 9:30 a.m. to 9:30 p.m. Monday-Saturday
- 11:00 a.m. to 8:00 p.m. on Sundays
- Designer fashion at unbelievable prices
- THE CUBE: A hip, in-store boutique of contemporary fashions
- Shoe Mega Shop: Featuring designer and brand name shoes for the whole family
- Bright and fresh in-store experience every time you shop
- Single queue checkout for faster shopping
With over 10,000 new items arriving to the Detroit store every week, it's like entering a whole new store with every visit. Unlike department store buyers who shop seasonally, Marshalls buyers are in the market weekly looking for merchandise opportunities. The store works with more than 16,000 brands and designers annually in over 60 countries to offer a mix of top-quality, fashionable pieces from the most sought-after designer brands as well as unexpected treasures from around the world.
Since opening its first store more than 40 years ago, the Marshalls name has become synonymous with off-price shopping. Shoppers can find incredible savings on designer apparel for men, women and children including footwear, accessories and home merchandise. Marshalls is one of the nation's leading off-price family retailers with more than 900 stores spanning 43 states and Puerto Rico. It also boasts national and local partnerships with charitable organizations around the country including JDRF and St. Jude Children's Research Hospital.
In addition to providing a new shopping option for local residents, the new store will add approximately 60 full- and part-time jobs to the area.
For fashion tips, style alerts and more, visit the store on Facebook at facebook.com/marshalls and on Twitter at @marshalls. For more fashion news and images, visit their newsroom at media.marshallstjmaxx.com.
Copyright 2013 by ClickOnDetroit.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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Finding your shade just got easier.
Yes, there is glitter involved.
She's allegedly in talks with Coty Inc., the brand behind CoverGirl, Sally Hansen, and more.
Best-sellers from Holiday 2018, Kris Jenner's Mother's Day collection, and more are back, too — and they're selling out fast.
Round 3 is set to be a serious hit.
Could it be coming this summer?
"Who asked for this?"
What's next, Kylie Teeth?
It's apparently a Kardashian-Jenner family tradition.
Just in time for — Mother's — Momager's Day


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Sales of imported cars in Japan fell 1.8 percent in April from the same month
a year before, reflecting Japan’s struggle to emerge from its worst economic slowdown
in decades, Associated Press reported, citing an industry group.
A total of 18,716 vehicles – 18,096 passenger cars and 620 trucks –
were sold last month, down from 19,057 a year ago, the Japan Automobile Importers
The importers’ data includes vehicles manufactured abroad by Japanese
The April figure followed a 3.9 percent rise in March, a 1.1 percent fall in
February and a 2.7 percent increase in January.
Mercedes-Benz outranked Volkswagen as Japan’s most popular imported brand in
April. M-B took a 20.39 percent share, with sales of 3,817 units, up 11.2 percent.
Volkswagen sold 3,674 units last month, up 8.7 percent, with a 19.63 percent
share. BMW’s April sales totaled 2,110 units, up 3.3 percent, with a 11.27 percent
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Sales of the German-American automaker’s Chrysler brand reached 721, up 51.5
percent from the same month of last year, but remained only seventh in the overall
ranking. It had a market share of 3.85 percent in April, Associated Press said.


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Monday, March 20th
- The IBM InterConnect conference, which officially got underway yesterday, rolls on in Las Vegas. It ends on Thursday.
Reader ROI: IBM CEO Ginni Rommety is keeping her travel agent busy these days. Last month she was at the company’s PartnerWorld event, also in Las Vegas, followed one week later by the HIMSS healthcare conference in New York City. Now she’s back in America’s playground to discuss cloud computing, the Internet of Things, and artificial intelligence alongside a cast of speakers that includes film star Will Smith, comedian (and cyberbullying activist) Wayne Brady, and Reshma Saujani (pictured), founder and CEO of Girls Who Code, a non-profit working to getting women into IT. IBM partners will also have access to a series of sessions and activities all their own.
- Just up the road from IBM’s shindig, Adobe opens its Summit 2017 digital marketing event. The show closes on Thursday.
Reader ROI: Determined to match Big Blue on star power, Adobe is countering Will Smith and Wayne Brady with retired quarterback Peyton Manning and SNL star Kate McKinnon (pictured). Other speakers include Scott Guthrie, head of Microsoft’s Cloud and Enterprise Group, who is presumably on hand to talk up the strategic alliance that Microsoft and Adobe forged last September to deliver solutions combining Microsoft Azure and Dynamics 365 with Adobe’s Marketing Cloud. The “Summit Bash” Wednesday evening features appearances by Death Cab For Cutie and OneRepublic.
Don’t worry about the price tag for bringing in two bands, either. Adobe can afford it.
- The CeBIT conference commences in Hannover, Germany. It runs through the end of the week.
Reader ROI: There won’t be any movie stars or rock and rollers on stage at this gathering of high-tech vendors, experts, users, and enthusiasts. On the other hand, neither IBM nor Adobe is expecting 200,000 attendees. The agenda is predictably and appropriately heavy on security, IoT, artificial intelligence, and virtual reality content, and the over 200 speakers include Pepper - The Robot (pictured, far right), who stole last year’s show. Amazon Web Services, Epson, Hewlett Packard Enterprise, Intel, Microsoft, Salesforce, and Toshiba are among the sponsors.
Tuesday March 21st
- The CompTIA Annual Member Meeting gets started in Chicago. It concludes on Thursday.
Reader ROI: AMM, as it’s better known, brings CompTIA’s various communities and councils together for several days of planning and knowledge sharing. Highlights this year include the crowning of Tracy Pound, managing director of Tamworth, England-based training, consultancy, and project management company MaximITy, as Member of the Year and a book signing appearance by Charles Eaton, executive vice president for social innovation at CompTIA and author of the recently released How to Launch Your Teen’s Career in Technology: A Parent’s Guide to the T in STEM Education.
Look for the membership organization’s new cybersecurity advisory council and security analytics certification program, not to mention its newly published Quick Start Guide to Winning State and Local Government Contracts, to get plenty of attention too. ChannelPro will be onsite and right in the thick of things, so check in here at this website for updates.
- Microsoft and Internet of Things publication ReadWrite kick off their jointly hosted IoT in Action conference in San Jose. The two-day show ends tomorrow.
Reader ROI: Designed to cover both the why-to and how-to of Internet of Things technology, the show includes a full day of vertical industry solution workshops, plus networking and matchmaking opportunities for developers and partners seeking collaborators for IoT projects.
Thursday, March 23rd
Reader ROI: The one-day event will put the roughly 400 channel pros expected to attend in direct touch with the latest offerings from more than 50 vendors, including APC, Buffalo Americas, Cisco, Dell, HP, Lenovo, Logitech, and Samsung. Many of those offerings will be on sale, too, at special onsite-only discounted prices. Seminars on collaboration, mobility, PC refresh opportunities, and other topics will be running all day as well.
- Acer posts results for the final quarter of its 2016 fiscal year.
Reader ROI: Back in November, the hardware maker reported that revenue through the first 3 quarters of the year was down 12.4 percent year-over-year, though net income was up. A whole series of new products have reached market since then, including the Aspire V Nitro and Predator 21 X gaming laptops, the latter of which (pictured) features a curved display and integrated eye-tracking technology that lets users control onscreen action simply by shifting their gaze.
Friday, March 24th
- It’s the birthday of Apple’s OS X, Microsoft’s Steve Ballmer, and Pink Floyd’s The Dark Side of the Moon.
Reader ROI: We’ve been searching desperately for a thread that might tie all three milestones together somehow. Like Apple’s $246 billion cash hoard, Ballmer’s $30.1 billion net worth, and Money, Dark Side of the Moon’s best known track, for example. Why bother, though? Suffice it to say that the operating system now known as MacOS turns sweet 16 today, Dark Side of the Moon turns 44 (in the U.K., anyhow. It actually went on sale a week earlier here in the States), and Ballmer turns 61.
Which, of course, means he was 17 years old when Pink Floyd’s biggest hit first appeared on store shelves. Alas, we don’t know if he purchased one of the 45 million copies the legendary album has supposedly sold to date—or, if he did, what kind of (ahem) state of mind he may have been in while listening to it.


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With today’s update, we're giving every Telegram user the power to run their own radio station (later this Spring: TV station) without adding any complexity to our apps.
I’m proud we were able to roll out this new version of Telegram just 3 weeks after our previous major update. What’s more, this came at no expense of the quality of new features – you’ll experience the high speed, wide functionality and slick animations that you love Telegram for.
The update has been approved by both Apple and Google for several hours now. Due to Apple’s tech issues, iOS users may have to wait a few more hours for the new version to hit the store. Users of all other platforms can already enjoy Voice Chats 2.0 and other features.


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Bandai Namco has released another trailer for their upcoming anime fighting title, Jump Force.
This trailer is quite long running about five minutes, but for those who want to know who’s included in the main roster of the game, this trailer will be very beneficial. We get a good look at all 40 characters in action and to be frank it’s pretty cool!
Check out the new characters trailer for Jump Force down below:
In related Jump Force news, the official launch trailer for the game released yesterday. The new trailer showcases our favorite heroes and villains in action as well as some portions of the story mode. Check out the new launch trailer right here!
Jump Force is set to release for the PS4, Xbox One, and PC on February 15. Are you excited about the upcoming title? Let us know in the comments below!


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- The ASEAN states are becoming an increasingly important market with the downturn in the west
- Lots of large international companies are looking to not just Asia, but ASEAN as a real place of growth
- Indonesia's consumer class is growing by tens of millions each year
- It's critical to have people in the markets to capitalise on them
- Lots of manufacturing has been migrated from China to ASEAN
- There's a huge opportunity for many industries, particularly airports and aviation.
Video: Exporting to the ASEAN states - Insights for Kiwi Companies
Tim Anderson, New Zealand Trade Commisioner for Indonesia, and Ernst and Young's Matt Andrew provide insights for NZ companies exporting to the 10 ASEAN countries.


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Apple and Samsung CEOs Agree to Meet Regarding Patents
The executives and general legal counsel from both Apple and Samsung have agreed to meet in San Francisco to discuss a settlement to the on-going patent litigation between the two companies. Presiding Judge Lucy Koh issued an order that read: "The parties have indicated that they are willing to participate in a Magistrate Judge Settlement Conference ('MJSC'). Therefore, the parties are hereby referred to an MJSC with Magistrate Judge Joseph Spero with a 90-day deadline. As the parties have indicated in their joint statement, the chief executive officer and general counsel of Apple and the chief executive officer and general counsel of Samsung shall appear and participate at the MJSC." The two companies have lawsuits pending in nine countries, including the U.S. The patent war was kicked off in April 2011 when Apple sued Samsung for "slavishly" copying its iPhone and iPad designs. The mitigation meeting was not 100% voluntary, though it wasn't 100% compulsory, either. Two patent trials between the companies are scheduled to kick off during the summer months.
Samsung Wants Supreme Court to Decide Patent Case
Samsung hopes the Supreme Court will weigh in on its patent fight with Apple. The company has filed an appeal, asking the high court to review the verdicts reached in Apple's patent-related lawsuit.
Samsung to Pay Apple $548M for Patents - with a Catch
Samsung will send Apple a check for $548 million to settle its ongoing patent litigation, according to FOSS Patents. The companies filed paperwork with a California court on Dec.
Nvidia and Samsung Strike Patent Deal, Drop Lawsuits
Nvidia today said it has settled its patent-related litigation with Samsung. The company first sued Samsung in 2014 over smartphone patents and was later sued in turn by Samsung.
Justice Dept. Wants Senior Judge to Weigh iPhone Case
The U.S. Department of Justice resubmitted a case against Apple today after a magistrate judge recently sided with Apple.
About time this nonsense ends. I must say Tim Cook is a lot more reasonable than SJ ever was. If this nonsense is settled soon Apple may yet again gain my respect.
I agree. They need to realize ...


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SAN FRANCISCO (MarketWatch) -- Volkswagen Group of America, a unit of Volkswagen Ag VOW, -1.46% will invest $1 billion to build a new automobile plant in Chattanooga, Tenn., the German automaker said Tuesday. Initial production capacity at the facility is expected to reach 150,000 units with production scheduled to start in early 2011. "This plant represents a milestone in Volkswagen's growth strategy. We will be selling 800,000 Volkswagens in the U.S. by 2018, and this new site will play a key role," said Martin Winterkorn, chief executive of Volkswagen Ag, in a statement.
Volkswagen to invest $1 bln in new automobile plant in Tenn.


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When HP announced that they would be entering the 3D printing industry with their new Multi Jet Fusion technology, the market leaders such as Stratasys and 3D Systems certainly took note. A company with the budget of HP’s, entering a market which they can leverage patents related to their already incredibly successful 2D printing technology is without a doubt big news.
How could this news get any bigger? How about another multi-billion dollar company teaming up with them to provide the silicon architecture of their forthcoming 3D printers? Well that’s just what was announced today at the 2015 International CES in Las Vegas, where Dion Weisler, executive vice president, Printing & Personal Systems (PPS) at HP joined Brian Krzanich, Chief Executive Officer of Intel, on stage.
Here, the two men, leaders within their respected industries, announced that they would be working closely together on a collaboration to put Intel’s Core i7 processors in HP’s Multi Jet Fusion 3D printers which are expected to launch sometime next year.
“HP Multi Jet Fusion is uniquely designed to resolve fundamental limitations in today’s 3D printing technologies with the potential to revolutionize manufacturing,” said Weisler. “In order for 3D printing to reach its full potential, we not only need the most powerful processors, but a technology partner with a shared vision for the industry.”
While still over a year away, HP’s Multi Jet Fusion technology promises speeds ten times faster than the machines on the market today. The Core i7 processors, however, will play an integral part in HP’s Open Customer Collaboration Program throughout 2015, as the company tests the technology and prepares for next year’s launch.
“Our companies share a long history of innovation and a vision to deliver innovative 3D computing experiences that transform the way people interact with and use technology for work and play,” said Krzanich. “The combination of Intel architecture with HP’s Multi Jet Fusion technology will help to accelerate not only the speed of 3D printing but the availability of the technology to consumers and enterprises alike.”
Their’s no doubt that having an ‘Intel Inside’ sticker on these forthcoming machines will instantly provide an additional sense of quality to businesses considering purchasing a large-scale manufacturing-grade 3D printer. HP’s partnership with Intel is not new. In fact, several facets of HP’s new Blended Reality ecosystem rely heavily on Intel’s Core i7 processors.
It will be interesting to watch and see how this partnership develops as well as what other companies, if any, within the industry may eventually turn to Intel to power their machines. Let’s hear your thoughts on this news in the HP/Intel forum thread on 3DPB.com.
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As the crucial summer travel season starts, how much are tourism marketers scrambling to meet the challenges from fast-rising gasoline prices and airfares? Well, "What happens here stays here" is not staying around, at least for now.
That feel-good slogan, which promotes visits to Las Vegas - also known as "What happens in Vegas stays in Vegas" - is being shelved for harder-hitting pleas. The familiar commercials with cute, funny tales about travelers whose lives are changed by trips to Las Vegas have been supplanted by spots with a fast-talking pitchman who urges the world to "do Vegas right now."
"'What happens here stays here' is being given a rest," said Rob Dondero, executive vice president at R&R; Partners in Las Vegas, the agency for the Las Vegas Convention and Visitors Authority, because "it doesn't have a strong call to action."
"We need to be a little more retail," he added. "People want to know what is the best value for their getaway dollar."
The Memorial Day weekend marks the traditional start of campaigns to peddle vacation destinations. Even experts in tourism marketing say they have not experienced a market like this one.
"We are clearly in uncharted waters," said Peter Yesawich, chairman and chief executive at Ypartnership in Orlando, Fla., whose agency, formerly Yesawich, Pepperdine, Brown & Russell, has long specialized in travel advertising.
"There is a palpable nervousness on the part of everybody in the industry," he added, "and for good reason."
"We've seen some of these conditions individually," Yesawich said, referring to problems like high fuel prices and reduced capacity on airlines, "but never all of them at once."
The result has been "a spate of promotional offers for this summer," he added. "We say, value is king right now."
That is underscored in a campaign from his agency for the attractions of Panama City Beach, Fla. An upbeat slogan, "The beach lovers' beach," is being supplemented with a direct appeal to saving money: a "Summer white sale" offering discounts, gasoline credits and other deals in person and online (pcbwhitesale.com) at more than 50 local attractions, accommodations and restaurants.
"I still think people will travel," said Dan Rowe, the executive director of the Panama City Beach Convention and Visitors Bureau, "but it is tough."
The Baltimore Area Convention and Visitors Association will reach out, starting in mid-June, to residents of nearby states like Pennsylvania and Virginia with a campaign by the Silver agency and Carton Donofrio Partners in Baltimore.
There will be promotions such as Harbor Pass+, adding an extra day to the Harbor Pass that offers local attractions at discounted prices, as well as offers to buy two nights at participating hotels and get a third night free.
"It's going to be a very competitive summer among destinations," said Sam Rogers, executive vice president and chief marketing officer at the Baltimore association, and urban destinations like his can make a compelling argument to potential visitors "worried about high gas prices: You can put your car in a garage and walk everywhere."
Destinations are not the only travel marketers seeking to woo consumers through ads and Web sites as well as public relations campaigns and events marketing.
For instance, car rental companies like Hertz are offering bargains like 50 percent off weekend rates. The Extended Stay Hotels chain is proclaiming, "Take shelter from the economy," in suites with kitchens from $59.99 a night.
Even American Express is bringing back a promotion, Going Once, that joins with merchants to sell travel packages at discounted prices.
"It's like the perfect storm, highly unpredictable and pretty volatile," said John Dunn, executive vice president at Tourisme Montreal. "People still want to go on holiday," Dunn said, but "I'm sure there are some who will scale back."
This summer's appeal will be aimed at tugging on the heart strings, he noted, and also at loosening the purse strings.
In Florida, the Orlando/Orange County Convention and Visitors Bureau is still running an upbeat campaign by 22 Squared in Atlanta, which carries the theme "Say yes to Orlando." The commercials show parents having such a great time with their offspring that they turn into children.


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In recent years, non-fungible tokens (NFTs) have risen from obscurity to become an essential part of the broader cryptocurrency industry.
Analysts and market participants have predicted a prosperous future for the market in light of this new reality.
According to a recent study by MarketsandMarket, the NFT market is poised to grow 35% by 2027.
This means that the current market size of $3 billion will reach $13.6 billion by the end of this year based on a compound annual growth rate (CAGR) of 35.0% – if interest investors continues to grow.
Suggested Reading | Cryptocurrencies won’t save Russia from dodging sanctions, says Moody’s
NFT Driving Forces
The growth of mainstream influencers, gaming communities, and growing demand for digital artwork will continue to drive the global NFT boom over the next five years.
During the forecast period, the growing influence of celebrities to fuel the momentum of NFT adoption, transforming the gaming industry, and the slow but persistent increase in demand for digital artworks are expected to drive the global NFT market.
Additionally, the growing applications of NFT in supply chain management, retail and fashion, along with the efforts of industry titans to make the metaverse a reality, would give vendors in the NFT market a lucrative potential for personalization.
Level playing field
The non-fungible token market provides a level playing field for buyers and sellers to flourish. With this, both buyers and sellers can reap substantial benefits from it in many ways.
Another element that has contributed to the success of NFTs in China and other Asian countries is the resistance to cryptocurrencies.
Compared to other Asian countries, China has struggled to establish a legal framework for cryptocurrencies due to the government’s preference for digital yuan ambitions.
Crypto total market cap at $1.59 trillion on the weekend chart | Source: TradingView.com
Asia-Pacific countries among big players
Recent data from Google Search Trends indicates that countries in the Asia-Pacific region are trending towards constant market developments and market launches to provide creators and buyers with equal opportunities in the ecosystem.
Year-to-date, the non-fungible token sector has beaten the overall crypto market, according to research by Nansen. The blockchain analytics firm predicted that the market capitalization of NFTs could reach $80 billion by 2025.
NFT marketplaces – platforms that allow investors to buy and sell digital artworks and other related materials – are currently expected to contribute the most to the expansion of the space.
Suggested Reading | Gulf Crypto Boom: Dubai and Abu Dhabi Fast Becoming Home of Digital Currency
Industry leaders are hopeful that NFTs will be the way the Metaverse makes money in the next few years. (Image credit: Search Engine Journal)
Metaverse revenue model
While established companies such as OpenSea currently dominate this industry, crypto exchanges such as Coinbase and Binance have started offering comparable services for trading non-fungible tokens on the open market.
The Metaverse is a concept for an Internet-enabled virtual world in which users interact with digital assets using Augmented Reality (AR), Virtual Reality (VR) and Extended Reality (ER) (XR), and the emergence of blockchain technology is accelerating this development.
Industry experts are optimistic that NFTs will be the metaverse’s revenue model in the coming years.
Featured image CNBC, chart from TradingView.com


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New reports have emerged again about Apple cooking an iPad version that comes with a display screen measuring 7 to 8 inches. According to Bloomberg, the news came a week after Google launched the Nexus 7, its first own-branded 7-inch tablet for $199.
The smaller Apple iPad, dubbed as the iPad Mini by industry observers, will launch this October and sell near the price range of the Amazon Kindle Fire and Google Nexus 7. As such, the Cupertino-based tech giant will have to do away with its popular high-definition Retina display on the alleged iPad Mini, Bloomberg added.
Apple has yet to confirm the validity of this report. It remains unclear if the purported iPad Mini will drop other hardware features found on the conventional iPad. It may lose 4G LTE connectivity or the front and rear cameras. With the reduction in size, it is likely that storage space will be less at 8 GB, rather than the standard 16 GB / 32 GB / 64 GB version of the present iPad.
A couple of months ago, the notion of Apple releasing a smaller iPad tablet looked unconvincing. That perspective came before Google and Asus teamed up to produce the search giant’s first entry into the tablet hardware market with the Nexus 7. Moreover, Microsoft recently introduced its new line of Windows 8 tablets called Surface, which will hit stores before the year-end.
Fact check: The Apple iPad remains a force to reckon with in the tablet market. However, competition now is tighter, with most of Apple’s major rivals offering tablets with advanced specifications at a lower price than the iPad. The company may now feel the heightening pressure to respond to competition. The Kindle Fire and Nexus 7 are not the only high-end tablets. Other models include the Lenovo IdeaPad A1, Barnes & Noble’s Nook tablet, and RIM’s BlackBerry PlayBook.
Several hints point to iPad Mini, if it does come into fruition, as a popular choice for many consumers, both iPad owners and prospect buyers. A recent survey by PriceGrabber shows that 52 percent of over 2,000 online consumers would highly consider purchasing an iPad Mini.
Even so, Apple already told the public 7-inch tablets are high-risk notions. In 2010, the late Steve Jobs said that screens with 7-inch diagonals are not large enough to create bestselling apps tailored for tablets. However, the former CEO and co-founder of Apple was also known for picking at products even before the company entered the business of offering the same products he used to criticize, which include eBooks, mobile phones and video iPods.
Will Apple be ready to unleash the iPad Mini this year? The idea of a smaller iPad has been around since two years ago, but Bloomberg’s report somehow solidified the claims. It is now more likely to see an iPad Mini or a similar version compared to gossips in 2010. The report from Bloomberg falls in line with a claim by iMore in May, so October could be the month Apple fans have been waiting for.
Now more than ever, regardless of the rumor mill and number of reports in circulation for quite a few years now, an iPad Mini launch surely is closer to become a reality.


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Hat-trick of top award nominations for PrePay Solutions
PrePay Solutions, the UK and Europe’s leading prepaid services company, has been shortlisted for three awards at a major industry event through its work with major brands Orange and PayPal.
It has achieved two nominations at The Card & Payments Awards 2012 for Best New Prepaid Card Product of the Year with the Orange Cash Card, launched in conjunction with Orange and Barclaycard, and for the PayPal Access Card in partnership with PayPal.
The Orange Cash Card, the UK’s first major contactless prepaid MasterCard card, has also been shortlisted for Best Prepaid Card Marketing Campaign of the Year following its launch in April.
Gilles Coccoli, managing director at PrePay Solutions, comments:
“This hat-trick of nominations comes at the end of a busy year at PrePay Solutions. We have worked with a host of major companies to launch prepaid cards and have seen these products go from strength to strength.”
The Card & Payments Awards celebrates best practice amongst issuers and suppliers and recognise excellence, innovation and customer service in the card and payments industry. The Awards dinner and ceremony will take place at The Grosvenor House in London on Wednesday 1st February 2012.
This was posted in Bdaily's Members' News section by Emma Ward .
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The TaiG hacker team has released a new version of the jailbreak utility for iOS 8.4, indexed 2.3.
We have already reported that Jay Freeman, better known as Saurik, has released an updated version of his famous Cydia online tweak store, which now allows you to customize the interface according to the user’s wishes. This version of Cydia store is included in TaiG 2.3 jailbreak utility.
TaiG hackers release updates to their utility almost every day, fixing bugs and bugs in each new version. If jailbreaking with the previous version of TaiG did not exclude the possibility of an unsuccessful “hacking”, then the new utility should reduce this probability to a minimum.
You can download the TaiG 2.3 jailbreak utility for iOS 8.4 on the official website of the TaiG team. How to jailbreak with it – read our instructions.


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Indian startups might be struggling with slashed valuations and concerns over follow-up funding rounds, but they’re still looking to expand their global footprint through acquisitions.
Oyo Rooms has acquired Europe-based vacation rental platform Direct Booker for $5.5 million (Rs. 40 crore). Direct Booker said it has over 3,200 vacation homes on its platform. It was founded in 2010 by Nikola Grubelic and Nino Dubretic from Dubrovnik, a popular tourist destination in Croatia.
“I am excited to welcome Nino, Nikola and the team at Direct Booker under the OYO umbrella” said Oyo’s Global Chief Business Officer Ankit Tandon. “I am sure OYO’s cutting-edge technology, distribution systems, and data sciences will add more value to their current 3,200 homes and enhance our collective growth in Europe. We continue to focus on going deep in Europe and delivering the best Vacation Home experiences to our customers,” he added.
“We are happy to join forces with a global travel tech company like OYO,” said Direct Booker co-founder and CEO Nino Dubretic. “We strongly believe that by merging our technologies and expertise, this partnership will positively impact the Croatian tourism economy, further driving demand through OYO’s existing platforms spread across Europe. Being a part of OYO’s network will also increase visibility for the homes listed on our platform, especially across Scandinavian, Benelux and surrounding countries. The next couple of months will be truly exciting as we work towards building our business together,” he added.
Oyo already has a presence in Europe. It owns and operates brands including Belvilla by Oyo, DanCenter and Traum Ferienwohnungen among others. Direct Booker’s inventory will be available on Oyo-operated Belvilla.com, and over time on its other platforms. This acquisition will strengthen Oyo’s presence in Europe and specifically in Croatia. Croatia has become a top tourist destination in recent years, in part thanks to having the popular show Game of Thrones being shot in its town of Dubrovnik.
Over the years, Oyo has made several international moves, but has had varying degrees of success. Oyo had ventured into Japan in a partnership with Yahoo in 2019, but Yahoo exited the partnership less than a year later. Oyo had also faced opposition from hotel owners in China, and had fired 2,000 employees in the market in 2020. In 2021, Oyo’s biggest investor had pulled out its joint venture with the company in Latin America. It had also been reported last year that Oyo had begun pulling out of its expansion plans in markets like USA and China.
But as the pandemic appears to be ebbing away, Oyo appears to have restarted its growth initiatives, and gone ahead and acquired a Europe-based rental startup. It remains to be seen how its latest acquisition plays out, but Oyo appears to be signaling that in spite of its many reverses over the years, it’s still keen to make its mark on the international travel scene.


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FLIR Systems (FLIR) VP of Investor Relations, Shane Harrison, recently presented at William Blair's 33rd Annual Growth Stock Conference (CFO Tony Trunzo was supposed to be there, but his flight to the conference was cancelled); as I’ve noted in the past, I believe FLIR trades at a sizable discount to intrinsic value, and will continue to update readers on the story to avoid any unwanted surprises. With that, let’s get to the good stuff:
“Our whole mantra is all about lowering costs [of infrared cameras to end customers] so that thermal imaging can be out there and everyone can own thermal imaging, because it’s still frankly a very expensive technology.” In Commercial Systems (within TVM), ASP’s (average selling price) fell by 14% per annum over the past five years; as a result, volumes increased at a pace of 27% per annum, with revenue increasing at a solid clip (double digits).
M&A – “Going forward, I wouldn’t expect us to do many more small deals and tuck in deals; we’re happy with our technology suite, we like our product suite. We’re going to be focused on building out distribution and building out channels to sell much cheaper technology, which we’re currently working on and investing in… We’re currently under a program where over the past two years we’ve been investing money to essentially come up with the next generation thermal detector that will bring the cost, to us, of that detector down by an order of magnitude. That’s extremely significant in this industry, and we think we’re well ahead of most of the competition in that space.”
MARKET SHARE – “We are number one in all of our commercial markets” – As I noted in my first article pitching FLIR, the company’s share in thermography products has been estimated by independent, third party researchers to be north of 60%, up from the mid-fifties a few years ago. Going back to the previous point outlining the virtuous cycle of volume growth and falling prices, it’s quite clear why having such outsized economies of scale are critical to success.
SHARE REPURCHASES – “We bought back 10.5 million shares last year, and we’ve already bought back 4 million this year so far; again, it’s not a trickle, scheduled thing, it’s a very opportunistic strategy”. This is music to my ears – and their historical repurchase record shows that FLIR’s management has done quite a good job of getting aggressive when Mr. Market gives them the opportunity to do so. Also, just to be clear, this spend doesn’t come at the cost of reinvestment: the company continues to target (and put up) 8-10% of sales back into R&D, as well as low-mid single digits in the form of capital expenditures.
EXPANDING GLOBAL OPPORTUNITY - “Particularly in the Middle East, there are some interesting service and sales operations there that allow us to service the Middle East customer very well, and it’s a true selling point over the competitors that we have in the space that we play there, which is mainly border security.”
FLIR’s 2012 Hiccup: after years of EPS and revenue growth (dating back to the turn of the century), what happened? 1) Manufacturing slowdown, as shown in ISM data (“Really impacts a lot of our commercial markets, particularly the thermography business”); 2) U.S. DOD budget challenges (well-known); 3) General macro (Sale of commercial products to China, one of FLIR’s largest customers, have come down a bit as the country’s GDP growth has slowed).
There wasn’t too much in Mr. Harrison’s presentation that we haven’t heard before, and things still seem to be plugging along at FLIR; U.S. Government spending will likely continue to be the primary focus of most analysts, which opens up a great opportunity for investors who can see beyond that single business line (which is declining year after year as a percentage of FLIR’s sales). I’ll have more to add when we get second quarter results at the end of next month.
About the author:
As it relates to portfolio construction, my goal is to make a small number of meaningful decisions. In the words of Charlie Munger, my preferred approach is "patience followed by pretty aggressive conduct." I run a concentrated portfolio, with a handful of equities accounting for the majority of my portfolio (currently two). In the eyes of a businessman, I believe this is adequate diversification.


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Ukraine boosts chicken meat imports by 46.7% in Jan-AprilPoland and Hungary were major suppliers.
16:55, 07 May 2020
EU imports of Ukrainian chicken up by almost 20% in JanHowever, the bloc's poultry exports to Ukraine decreased by 26.3%, to 11,800 tonnes.
20:00, 09 April 2020
Ukraine, South Korea to strengthen agricultural cooperationThe parties also discussed cooperation to counter the spread of the coronavirus.
13:03, 06 April 2020
"Revenge for eggs": Poultry farm workers accuse NABU chief Sytnyk of pressure on their enterpriseThe work of the poultry farm was blocked by an attempt by officers of the enforcement service to take inventory of the enterprise's property as part of a NABU probe.
18:35, 05 March 2020
EU lifts ban on Ukrainian poultryThe measure was in effect until the end of January 2020.
23:29, 04 March 2020
Ukraine updates poultry exports record in 2019In total, meat product exports over the period under review grew by 10% year-on-year, to US$712 million.
15:00, 02 March 2020
Ukraine in world's top 3 poultry meat suppliers to EU in 2019 – reportLast year, Ukraine increased exports to the EU by 8.6%.
22:30, 27 February 2020
Over 10 countries ban Ukrainian poultry supplies over bird flu outbreakThe European Union has partially lifted the ban on poultry shipments from the entire territory of Ukraine.
16:39, 27 February 2020
Ukraine to become global leader in terms of poultry production growth in 2020– economy ministerUkraine is expected to produce 1.45 million tonnes of chicken meat this year.
16:09, 12 February 2020
EU suspends import of poultry meat from Ukraine over bird flu concernsThe relevant decision is "truly unexpected" for the Ukrainian side.
18:30, 23 January 2020
Ukraine enters world's top five poultry suppliersUkraine ranked fourth, following Brazil, the European Union, and Thailand.
15:51, 14 January 2020
Ukraine boosts pork exports by 24.2% in Jan-NovShipments of poultry and by-products from Ukraine grew by 23.4%
23:20, 10 December 2019
Ukraine enters EU's Top 3 poultry suppliersUkrainian poultry shipments to the EU grew by 4.2%.
11:18, 06 December 2019
EU extending quotas for Ukrainian poultry meatUkraine's Parliament has ratified an agreement to increase such export quotas to 70,000 tonnes.
09:57, 06 December 2019
Europe to modify trade agreement with Ukraine to curb imports of Ukrainian poultryThe modified regime will enter into force after Council's approval and when Ukraine has ratified the agreement.
22:57, 26 November 2019
Ukraine's poultry producers may enter Chinese market in 2019 – mediaThere is a plan to sign the protocol and hold inspections.
04:30, 03 October 2019
Ukraine to supply poultry to JapanThe sides discussed veterinary requirements to ensure exports of Ukrainian poultry.
19:50, 21 August 2019
Ukraine sees decline in cattle, pig, sheep livestock as of Aug 1At the same time, poultry population grew by 3.9%.
15:15, 16 August 2019
Ukraine, EU sign deal to raise 2.5 times annual quota for poultry meat exportsThese changes will come into force after they are ratified by the two parliaments.
09:50, 31 July 2019
Ukraine among three major exporters of poultry to EU – expertsThis is due to the high quality of the Ukrainian produce and the expansion of domestic production.
16:00, 21 June 2019


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Wendys Christmas Eve 2020
And when asked whether families would be able to celebrate together during the winter break, Health Secretary Matt Hancock replied: “Not necessarily.” So if the latest restrictions stay in place, how . The Queen, Prince Charles and senior Royals will be unlikely to walk to church in public on Christmas Day or enjoy a family lunch at Sandringham if the current regulations continue. . Bah humbug! Is Christmas really going to be cancelled? That was the question on Wednesday, as Prime Minister Boris Johnson set out a new “rule of six” in England, restricting gatherings to a maximum .
Wendys Christmas Eve Hours [ Wendy’s Holiday Hours 2020 ]
- Wendy’s Christmas Eve Hours [ Opening Of Holiday Hours 2020 ].
- Wendy’s Holiday Hours [ Wendy’s Open/Closed Hours 2020 ].
- The 5th Christmas Kiss Wendy Knight in 2020 | Christmas romance .
Sony Movies Christmas will add some much-needed sparkle to a dismal 2020 just three months before the big day. . HOME Bargains is once again stocking its £2.99 Christmas Eve box – and it’s perfect for excitable children. The cute kit could be a good idea if your little one struggles to wait patiently .
Wendy’s New Years Eve Hours [ Opening Of Holiday Hours 2020 ]
Check out the trailer for Cup of Cheer, an R-rated comedy that spoofs the cheesy, ridiculous Hallmark Christmas movies that have becomes their own genre. As communities continue to battle the COVID-19 pandemic, Berlin, Maryland, has decided to cancel its Christmas Parade and New Year’s Eve Ball Drop. .
The 5th Christmas Kiss Wendy Knight in 2020 | Christmas romance
- Are McDonald’s, Wendy’s Open On Christmas Eve? Fast Food Store .
- Are McDonald’s, Wendy’s, Taco Bell Open On Christmas Day?.
- O’ Deadly Night ebook by Wendy Owens in 2020 | Christmas books .
Wendy’s Christmas Eve Hours [ Opening Of Holiday Hours 2020 ]
The 1988 action classic takes place on Christmas Eve at a company holiday party, and characters certainly celebrate and otherwise make note of the special day during which the film’s action is set, . Wendys Christmas Eve 2020 Modesto police have not released any additional details about the investigation including what led them to Sheard, what the altercation was over, or if there are any outstanding suspects. Sheard is .


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Global sneaker brand Skechers is on track to build its experiential store at Fashion Street Estate in Decentraland. Skechers has leased the equivalent of a 5,000-square-foot location on virtual land owned by Metaverse Group to develop an immersive store at the Fashion Street Estate located in the Decentraland Metaverse.
Skechers, the world's third-largest sneaker brand, has announced the construction of an experience store on Fashion Street Estate in the Decentraland. Skechers leased the equivalent of 5,000 square feet of space on virtual land owned by Metaverse Group. https://t.co/33UKcU5Xlw— Wu Blockchain (@WuBlockchain) March 11, 2022
Skechers, the world's third-largest athletic footwear brand based in Southern California, recently submitted trademark applications to sell virtual items, including footwear and clothes, thus laying the groundwork for new Metaverse growth potential.
Skechers has so far filed eight trademark applications, the most recent of which were filed last month for its Sketchers, Bobs, GoWalk, ArchWalk and Twinkle Toes brands. Under Armour, Puma and New Balance are among the other famous sportswear firms that have filed trademark applications for virtual goods.
In the context of virtual goods and retail outlets, Nike is another footwear brand that comes to mind as it has filed additional trademark requests for Nike and Nikeland.
There has been a lot of talk about the Metaverse—spaces where virtual reality and gaming collide—since Facebook changed its name to Meta. Metaverse forms a crucial part of Web3, the next generation of the Internet that emphasizes user ownership of data and digital assets, and it is catching the attention of some of the world's biggest companies.


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At a time when the country’s economy is hit by the... moreAt a time when the country’s economy is hit by the worst slowdown in over a decade, what the budget holds for various sectors becomes all the more important. Eleven days before finance minister Nirmala Sitharaman presents Budget 2020, Mint's Disha Sanghvi spoke with the C-suite from three key sectors—healthcare, travel and tourism, and financial services—to understand what they expect from it.
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Grand Theft Auto appears at the Victoria and Albert Museum
A brand new exhibition celebrating British design over the last 60 years has opened at the Victoria and Albert Museum in London.
In particular the exhibition highlights the achievements the UK has made in art and design since the end of the Second World War.
What is notable about this exhibition is that it features the Grand Theft Auto series as and example of British design at its best following the evolution of the series and of the virtual cities that it has created.
The collection, entitled British Design 1948 - 2012: Innovation in the Modern Age, opened on the 31st of March and will run until August the 12th.
- Valve's Chet Faliszek has been confirmed as the first developer session for EGX Rezzed 2015
- One area from Zelda Wii U is as big as the entirety of Skyward Sword
- Telltale's new collaboration is with Mojang, on a Minecraft story game
- Franklin voice actor indicates GTA V story DLC is on the way
- Red Dead Redemption, LA Noire and Bully sequels will come when the time is right says Rockstar
- Telltale teases another collaboration with another game developer
- New Company Of Heroes 2: Ardennes Assault trailer recognizes the 70th anniversary of the Battle of the Bulge
- New Call Of Duty: Advanced Warfare trailer focuses on character customization
- Splash Damage's free-to-play shooter Dirty Bomb coming to Steam in the new year


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YouTube is about to become a major player when it comes to mobile live streaming.
The video network has announced that it’s opening up it’s mobile live streaming for all users with at least 10,000 subscribers. It was previously released last year to a select few that had large followings but it’s now open to many more creators. Users can easily start a live stream by simply tapping the streaming button, adding a title and thumbnail then choosing whether to go live to all of your subscribers are to a select few for a more personalized experience. YouTube has also enabled their Super Chat feature which is a pretty innovative way for creators to earn from their live streams. Subscribers can live chat while the stream is happening and pay extra to have their comments appear towards the top of the chat window in a highlighted color. This is essentially a way for subscribers to promote their own channels with a promoted message and a way for streamers to earn additional revenue.
Google will stick to channels that have a relatively solid following but they will definitely open up mobile live streaming to all users soon. Facebook recently went live with streaming for all users and Google seemingly wants to have the same feature. They are increasingly in competition with Facebook for video views and adding live streaming for all users is key in keeping up with Facebook. Facebook was previously paying users to stream live but has halted that practice so there’s no real way to monetize your personal content. YouTube’s monetization strategy with Super Chats is a way to pull those user back to YouTube. Google is also focusing on VR and Live TV for YouTube which will continue to pull users into their ecosystem. YouTube is the king of web video and Google wants to remain innovative and forward thinking.


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April 22, 2020 DECCAN HERALD: A report by retail-tech start-up Snapbizz on the impact of Kirana shopping has revealed a spike in the number of bills generated in the beginning and middle of March. This number, the report states, saw a drop during the lockdown initially, but picked up over the Easter weekend. This was accompanied by supply disruptions in most categories.
The report, covering a network of over 8,000 Snapbizz stores across Delhi NCR, Mumbai, Pune, Ahmedabad, Bengaluru, Chennai and Hyderabad, saw an increased/advanced buying in almost all categories. Prices have remained stable, except for cooking oil, which has seen a visible increase. Prem Kumar, Founder and CEO, Snapbizz said, “For food category, there are still supply issues in both staples and non-staples categories. The demand for most categories continues to remain high but not as high as it was during the start of the lockdown.” Retailers, thereby, are forced to look for new ways to deliver supplies to consumers to cater to an increase in demand under social distancing norms.
According to Kumar, they are also looking for ways to streamline supply chain operations with their distributors/wholesalers. “To address this pain point, Snapbizz has launched two mobile apps SnapOrder and SnapSupply, enabling consumers to order supplies directly with kirana stores and the retailer to place orders with their distributors/ suppliers.”
The report suggests a slump in the demand and supply of packaged water from the end of march; Oversupply and reduced demand, leading to falling prices, in the tea category; falling demand and crashing prices in the coffee category among other trends. The Tea category showed some unusual behaviour among kiranas in Delhi NCR, in the second week of March. In the West, while there is evidence of advanced buying, there seem to be supply issues owing to lockdown affecting tea gardens and auctions.
“Since February, we have seen a 40% drop in the number of stores remaining open and using our billing solution, because of reasons like police activity, lack of staff and lack of supplies. However, in the stores that are operating. However, in the stores that are operating, we saw a 70% jump in the value of each bill in the first week of April as compared to February, even though the average number of bills sharply dropped during the same period,” said Kumar.


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I've heard a wide range of reactions among SES attendees to Google CFO George Reyes' "Law of large numbers" comments , which sent the company's stock into a brief tailspin
I've heard a wide range of reactions among SES attendees to Google CFO George Reyes' "Law of large numbers" comments, which sent the company's stock into a brief tailspin. If you missed it, Reyes said Google faces an era of slower growth and must look for new sources of revenue.
People I've spoken with largely dismiss those who suggest Reyes' comments mark the end of the great Google hogride. Sure, the company will exit hypergrowth (at least in the States); but the consensus here is that today's horrified headlines (Daily News: "Stox Dive on Google Jolt") say more about investor and journalist expectations than about Google's prospects.
That said, people clearly smell a whiff of change in the searchosphere. Google's comments combined with new evidence of a slowdown in search query volume in the U.S. create the impression that the hottest part of the fire, as far as online marketing is concerned, may have cooled somewhat.
Update: Google issued a statement "clarifying" Reyes comments, and John Battelle notes this isn't the first time Reyes has discomforted his employer with freely uttered concerns.
Twitter Canada MD Kirstine Stewart to Keynote Toronto
ClickZ Live Toronto (May 14-16) is a new event addressing the rapidly changing landscape that digital marketers face. The agenda focuses on customer engagement and attaining maximum ROI through online marketing efforts across paid, owned & earned media. Register now and save!
Until March 2012, Zach Rodgers was managing editor of ClickZ's award-winning coverage of news and trends in digital marketing. He reported on the rise of web companies, data markets, ad technologies, and government Internet policy, among other subjects.
Marketing Apps for Landing Pages White Paper
Marketing apps can elevate a formulaic landing page into a highly interactive user experience. Learn how to turn your static content into exciting marketing apps.
Redefining 'Mobile-Only' Users: Millions Selectively Avoid the Desktop
A new breed of selective mobile-only consumers has emerged. What are the demos of these users and how and where can marketers reach them?
March 19, 2014


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Gasoline prices, which have been on a near-relentless surge since late 2012, may be showing tentative signs of easing, data from the AAA showed on Tuesday.
The automobile group said in its Daily Fuel Gauge report that the current national average for regular unleaded gasoline prices was $3.70, down 3 cents from last week and nearly 10 cents lower than a year ago.
That fall represented two consecutive weeks of decline, according to AAA.
Retail gas prices have eased as the price of crude has slipped in world markets. Until Tuesday, U.S. and Brent crude have fallen sharply on fears of lower demand from China, one of the world's most voracious consumers of energy.
If the fall continues, it would be some rare good news to strapped consumers, who have been battered by rising gas prices and the threat of fiscal belt-tightening in Washington.
However, the AAA survey showed that prices remain at relatively high levels. Just a month ago, the average price of gas was $3.58. Additionally, Tuesday's prices are barely 40 cents below a record high set in July 2008.


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Wendy's returned its Pretzel Bacon Pub line this summer. Wendy's has new autumn menu options, too.
According to a Reddit memo, the burger restaurant will launch an Italian Chicken Mozzarella Sandwich, Cheeseburger, and Garlic Fries on November 15.
The sandwiches were tested in Columbus, Ohio in early 2022 and received fantastic reviews.
While sandwich pricing aren't indicated, Garlic Fries will be $2-3 more than Wendy's usual fries.
One user said, "IF the garlic fries are ordinary fries with garlic... Delicious! Wendy's fries rock..." "Finally something excellent," wrote another.
One commenter was suspicious of the taste mix: "This sounds like BK's Italian Chicken, but probably better since BK is crap save for Whoppers.
I can't image these tastes matching a burger, but maybe someone enjoys tomato-sauced beef?"
The Hot Honey Chicken Sandwich and Biscuit will be discontinued "about the same time" as the Italian Mozzarella pair, according to the memo.
Hot Honey goods will be in shops while supplies last, but they will be unavailable online on November 14.
Wendy's Hot Honey Chicken Sandwich and Chicken Biscuit were removed a month following reports of the sauce's demise.


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LOS ANGELES (AP) – Dish Network Corp. says it will become the largest company yet to accept payment in bitcoin.
The satellite TV company says it will begin accepting the digital coins through payment processor Coinbase by September. Coinbase will instantly convert the bitcoins into cash, eliminating the risk of price fluctuations to Dish.
Dish’s chief operating officer, Bernie Han, says the idea came from company employees who had become avid bitcoin users.
While Han says demand for the payment system is unclear, it aligns the Englewood, Colorado, company’s high-tech offerings — such as the ability to watch live TV on mobile devices — with the tech-savvy customers it is trying to reach.
He also said Coinbase’s payment processing fee is attractive compared to the average of what it pays to other processors.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Does Los Angeles actually recycle?
The City of Los Angeles achieved a recycling rate of 76.4%, one of the highest in the ten largest U.S. cities.
What actually gets recycled in Los Angeles?
BLUE BIN RECYCLING
LASAN issues blue containers, or bins, for recycling paper, cardboard, cartons, aluminum, tin, metal, cans, glass bottles and jars, clear plastic, plastic containers, plastic bags and miscellaneous plastic.
Does California really recycle?
Despite the best intentions of Californians who diligently try to recycle yogurt cups, berry containers and other packaging, it turns out that at least 85% of single-use plastics in the state do not actually get recycled. Instead, they wind up in the landfill.
Do our recyclables really get recycled?
Unless it is treated heavily with chemicals, paper is one of the most recyclable materials around. The EPA estimates that 68 percent of all paper and cardboard recycling actually winds up being recycled every year.
Does California recycle plastic?
In California, the most commonly recycled plastics are beverage containers that have a California Redemption Value, or CRV. CalRecycle oversees the state’s Beverage Container Recycling Program, which has a statewide collection system for consumers to return cans and bottles.
Does recycling really work?
By reducing air and water pollution and saving energy, recycling offers an important environmental benefit: it reduces emissions of greenhouse gases, such as carbon dioxide, methane, nitrous oxide and chlorofluorocarbons, that contribute to global climate change.
Where does US recycling go now?
The U.S. relies on single-stream recycling systems, in which recyclables of all sorts are placed into the same bin to be sorted and cleaned at recycling facilities. Well-meaning consumers are often over-inclusive, hoping to divert trash from landfills.
Why are California recycling centers closing?
Citing lower payments from the state and increased labor costs, the recycling giant RePlanet announced in January it had shut down 191 centers (a representative did not respond to requests for comment). According to CalRecycle, 298 went offline in the first quarter of this year.
What actually gets recycled in California?
Recyclable paper items include newspapers, magazines, catalogs, junk mail, printer paper, envelopes, gift wrapping paper, cardboard, and even paper egg cartons. Some local recycling programs also accept telephone books (check with local waste haulers for community-specific information).
Why is most plastic not recycled?
We often simply throw away all plastics into the recycling bin, however, due to the material properties of plastics, not all can be recycled. … The leftover 10% of the global plastic production are thermoset plastics which when exposed to heat instead of melting, are combusting, making them impossible to recycle.


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Thai e-commerce sector expected to expand by 20 per cent this year
THE E-COMMERCE market in Thailand this year is expected to growth up to 20 per cent.
The bullish forecast came as it was revealed the Southeast Asia e-commerce market in 2015 was worth US$900 million (Bt31.7 billion) and is forecast to grow up to 16 times that figure – about $11 billion – by 2025.
Worawoot Ounjai, chief executive of Central Online, said that the e-commerce market in Thailand would grow more than 15 per cent this year because more consumers would shop online.
He said only about 3 per cent of Thai consumers currently shopped online, so there was obviously massive growth potential for the market. While the e-commerce ecosystem, such as online payment transaction fees, Internet broadband and logistic, were changing dynamically, he said.
He added that the use of e-wallets via mobiles and the convenience of online payments would drive more consumers to shop online.
Only 1 per cent of Central Group’s retail revenue last year came from online.
Worawoot said an e-commerce marketplace platform would with the next couple of months be provided for all shops in the Central Group and all shops that rent space at Central department store.
Central will also invest over Bt1 billion in warehouses to support its online business and use of robot management, he said.
“I think that online shopping will be a big change in behaviour for customers since the coming of the e-wallet via mobile phones, which will create convenience to customers,” he said.
Thanawat Malabuppha is CEO of Priceza, a provider of shopping searches and price comparisons in six countries – Indonesia, Malaysia, Philippine, Singapore, Vietnam and Thailand.
Thanawat said the e-commerce market in Southeast Asia was one of the fastest-growing and most promising, with it forecast to grow $11 billion in 2025.
He said Thailand expected to post e-commerce growth of about 20 per cent this year – the driving factors increased Internet and mobile phone use, as well as improved logistics and e-payment systems. This would create heightened convenience and consumer confidence to shop online.
He said the quality and reliability of online shopping services were another driving force impacting on the acceptance of e-commerce in the region.
Thanawat added that Priceza provided a price comparison platform to enable shoppers to search for products from multiple categories offered by the many online shops, which promoted fair competition and empowered buyers with informed buying decisions from shop ratings and buyer reviews while giving them better shipping options.
Priceza envisions being part of the efforts to make the retail ecosystem in the region as transparent as possible and deliver excellent market competition that benefits both buyers and sellers.
Nuttawit Polwattanasuk, managing director of LnwShop, said the firm provided an e-commerce platform to support more than 460,000 online shops and had online transaction of over Bt1.8 billion last year. The online payment system will have an important role in driving e-commerce in Thailand in the next few years, Nuttawit said.
The Electronic Transactions Development Agency has forecast that the total e-commerce market in Thailand this year will be worth Bt2.52 trillion.
That comprises business-to-business transactions totalling Bt1.38 trillion (54.74 per cent), business-to-consumer transactions worth Bt729 billion (28.89 per cent) and business-to-government transactions valued at Bt413 billion (16.37 per cent).
This would represent growth of 12.4 per cent from last year’s market value of around Bt2.24 trillion.
The country has around 41 million Internet users, 41 million Facebook users, 33 million Line users, 7.8 million Instagram users and 5.3 million Twitter users, the agency reported.