Tag Archives: digital

London Based Asian set new record in NFT

Trends nobody was expecting. Long term and short term investments opportunities are all open for new investors as formers are making most out of it.

London based 14 years old asian earned $350000 from NFT without bank account

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Best NFT marketplace to buy and sell, Popular decentralized NFT marketplace OpenSea hit a record $1 billion in weekly sales.

Maye Musk appeared at the end of her Tesla CEO son’s SNL monologue to ask what he got her for Mother’s Day.

“I’m excited for my Mother’s Day gift,” Maye Musk said. “I just hope it’s not dogecoin!”

Musk, who is a huge fan of DOGE, declared his endorsement for the altcoin on March 3 through a tweet. However, his initial tweet was not actually related to crypto but was instead a meme that he captioned “Dogs roc,” which was followed by another tweet stating “they have the best coin,” which was in reference to Dogecoin. Interestingly, this is not the first time Musk is expressing positive sentiment toward Dogecoin. In April last year, the SpaceX and Tesla CEO tweeted that DOGE was his favorite crypto, indicating at the time that it was pretty cool

Unicorn feature of Mercedes Benz “Digital Light” displays message for pedestrians

With more than one million micromirrors per headlight, Mercedes-Benz Digital Light HD headlights do much more than just illuminate the highway.

Drivers can project messages on the road in front of a car equipped with the new headlights. The lights can also project navigation guides and road conditions or traffic warning symbols.

Digital Light onboard computers control the HD headlights, which are available in limited quantity for Mercedes-Maybach S-Class sedans. The car shown in the images and video that accompany this article is the Mercedes-Maybach S 560 4Matic, which has a $168,600 U.S. starting list price.

Like most auto manufacturers, Mercedes-Benz introduces new features first in top-of-the-line models for two reasons: exclusivity and scale. Customers who buy the most expensive models are rewarded with a feature most vehicles won’t include for years, perhaps even a decade or more. Also, because the top-model customers are already paying big bucks, they are more likely to spend the extra money new features cost before economies of scale bring prices down.

Strategic Partnership between two giants to improve Digital retail in China

 

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On June 7, Walmart China and Tencent jointly an in-depth strategic partnership in future digital retail.

It is reported that they will cooperate in the areas of shopping experience optimization, payment innovation, marketing, membership system and collaborations with WeChat Work.

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As for payment innovations, they will continue to optimize the mini-program “Walmart Scan and Pay” and create new payment scenarios including facial recognition payment. Marketing, internet-based tools including WeChat payment, mini-programs and social advertisements will be used to ensure more targeted distribution.

According to Ben Hassing, Walmart’s VP of e-commerce and technology in China, the strategic cooperation between Walmart and Tencent can integrate resources and jointly provide customers with a more convenient and reliable online-to-offline shopping experience.

Walmart entered the Chinese market 22 years ago, and in recent years, the world’s largest retail company has been striving to provide e-commerce through cooperations with Internet companies.

In March of this year, Walmart opened smart stores and partnered with Tencent to create the WeChat mini-program “Walmart Scan and Pay” where customers could scan the barcodes of the products to pay. Walmart Scan and Pay has been under trial operations for two months in selective Walmart stores in Shenzhen, and has penetrated Walmart stores in 28 cities in China. The service is expected to gradually cover more than 400 stores across China by the end of the year.

Wall-mart and Target US retail giants are directing their customers towards?

Walmart and Target keep adding features to their apps and offering customers big incentives to download them.

It seems like retailers are getting more and more aggressive in pushing people to download their apps.

Walmart (NYSE: WMT) introduced its Savings Catcher almost four years ago, encouraging people to scan their receipts and get a refund if a competitor beats its prices. It introduced Walmart Pay at the end of 2015, and around 25% of U.S. smartphone owners have tried it since. Last year, it introduced Scan & Go technology to a few dozen stores, where customers simply scan items and pay for them with their phones, and it’s slowly expanding it this year. And just last month, Walmart introduced Store Assistant, which provides item locations in stores and helps you create shopping lists.

Target (NYSE: TGT) is also pushing for more app downloads. It integrated its Cartwheel app, which provides special offers and coupons, with its main store app at the end of last year. It also outfitted its stores with bluetooth beacons to alert app users of nearby deals in stores. In December, Target introduced a payments platform in the app similar to Walmart Pay.

These features aren’t cheap to build out, and some incentives like Walmart’s Savings Catcher have ongoing costs. But Walmart, Target, and other big-box retailers can see great long-term benefits by increasing usage of their apps — not just one-time sales increases. Here are two of the biggest benefits.

Image source: Walmart

Better mobile sales conversion

It shouldn’t come as a big surprise that apps convert better than the mobile web. Apps can offer a better shopping experience than the mobile web as well as the ability to store payment information. In-app shoppers convert 21% of the time compared to just 6% for mobile-web shoppers, according to a recent report from Criteo.

That bodes well for retailers like Amazon (NASDAQ: AMZN) that have already had a lot of success getting customers to download their apps. Amazon’s app consistently ranks No. 1 or 2 in the App Store for the shopping category and in the top 20 overall, and more millennials say it’s the one app they can’t live without than any other app.

Indeed, Amazon continues to grab a larger share of online commerce as more sales shift to mobile from desktop. As Walmart and Target continue their respective pushes into online shopping, their mobile apps will play a critical role in turning shoppers into buyers.

Gathering more customer data

Perhaps even more important for Walmart, Target, and other brick-and-mortar retailers is the ability to collect customer data by connecting in-store purchases with an account.

Customer data has historically been a huge advantage for online retailers. Amazon uses data to improve sales conversions by putting the right product in front of the right customers. It can also use the data to develop private-label products, target advertisements for its ads business, and a host of other applications.

Access to shopper data is why Walmart is willing to send gift cards to customers who scan their receipts into the Walmart app for its Savings Catcher feature. The data it gathers from those receipts is far more valuable than the amount it sends out in store credit. Walmart Pay and the new Wallet feature in the Target App present another way to gather data on customers shopping in stores.

Understanding customers on an individual level will enable Walmart and Target to compete much more effectively against Amazon by leveraging their huge in-store sales to grow sales online. Walmart, for example, used its in-store shopper data to introduce Easy Reorder last summer, showing customers items they bought both online and in store. That can have a meaningful impact on online sales growth.

Taking on the giant

In online commerce, at least in the U.S., there’s Amazon, and then there’s everyone else. Walmart and Target are simply battling for second place.

That said, shareholders should expect continued investments from Walmart and Target to encourage in-store shoppers to download their respective mobile apps as a way to gather more data and convert more shoppers into buyers when they’re not in store. The mobile app is the key to a true omnichannel shopping experience, which is one key advantage brick-and-mortar stores have over Amazon.

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War is sorted out finally. ECJ apprise Uber is not a digital agency

Uber is a transport services company, the European court of justice (ECJ) has ruled, requiring it to accept stricter regulation and licensing within the EU as a taxi operator.

The decision in Luxembourg, after a challenge brought by taxi drivers in Barcelona, will apply across the whole of the EU, including the UK. It cannot be appealed against.

ECJ notify Uber is a transport company, not a digital agency. Rules will be same as for black cabs

Uber had denied it was a transport company, arguing instead it was a computer services business with operations that should be subject to an EU directive governing e-commerce and prohibiting restrictions on the establishment of such organizations. Source: Guardian

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Uber is a transportation company, according to a landmark ruling from Europe’s highest court.

The European Court of Justice (ECJ) ruled Wednesday that the U.S. ride-hailing app is a transportation firm and not a digital company. The verdict is a long-awaited judgment expected to have major implications for how Uber is regulated throughout Europe.

“The service provided by Uber connecting individuals with non-professional drivers is covered by services in the field of transport,” the ECJ said. “Member states can, therefore, regulate the conditions for providing that service,” it added.

Uber has long-considered itself an “information society service” which connects drivers and passengers through inter-mediation via their app. This subtle classification has helped to protect the multi-billion dollar start-up from national regulations and means it has been treated as a digital service operating across borders in the EU‘s single market

Source: CNBC

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