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Digital wallet usage is by far highest in China, where 45% of adults use the payment method daily, and an additional 41% do so at least once a week. By comparison, just 6% use digital wallets daily in the US.

US retail and ecommerce sales will maintain stable growth over the next five years, with pockets of opportunity emerging from new digital consumers and mobile-first online shopping trends.

Cross-border sales are booming in Western Europe despite a slowdown in adoption. As °ä³ó¾±²Ô²¹â€™s ecommerce giants eye European expansion, local retailers face a competitive threat—and a substantial opportunity.

How we got here: Like for competitor Mytheresa, 2024 has been a strong year for Revolve, despite the headwinds affecting other premium and luxury ecommerce businesses. Using AI in targeted marketing helped raise conversions, said co-CEO and co-founder Michael Karanikolas.

The difficult road ahead: While Shein’s appeal to shoppers is unabated, that may not be enough to convince US lawmakers, who have shown that they are willing to take a hard line on companies with ties to China regardless of how popular those companies are with consumers.

TikTok Shop, which has made big gains in the US, could eat into its opportunity; why go to Pinterest to shop when you can do all that and more elsewhere? B2B marketing also saw notable gains. LinkedIn hit a milestone with more than 1 billion members worldwide. The professional networking giant’s revenues increased 10% YoY in its fiscal Q1 FY25 (ended September 30, 2024).

Ant Group’s cross-border payments arm will help wallets from across Asia-Pacific operate in mainland China during the 2022 Asian Games.

°ä³ó¾±²Ô²¹â€™s ecommerce disruptors will get disrupted. Shein, Temu, and TikTok Shop face a reckoning following breakneck worldwide expansion. The crop of mobile-first ecommerce players with roots in China have taken off with consumers around the world.

Is India the next China? Retailers from Apple to Dior to Levi’s are looking to expand in the world’s fastest-growing retail market, but success isn’t guaranteed.

On today's podcast episode, in our "Retail Me This, Retail Me That" segment, we discuss why folks are shopping more on their mobile devices and the role of mobile in-store. Then, for "Red-Hot Retail," our analysts give us some spicy predictions about the future of mobile shopping. Join our analyst Sara Lebow as she hosts analysts Carina Perkins and Yory Wurmser.

A young and ecommerce-savvy user base in the UK is helping propel TikTok’s aims. More than two-thirds of the platform’s user base in the UK is under the age of 35. Given a broader population that is comfortable with digital shopping—only China has a greater proportion of total retail sales online—it’s clear why the country is a rich testing ground for TikTok.