Netflix's ad-supported memberships grew by 34% during the quarter, accounting for 45% of all signups.
Sales of both days of Amazon Prime Day combined drove a consumer spend of USD $14.2bn in the US, with 61% increase in electronics sales.
Southeast Asian retailers plan to increase investment in social commerce, focusing on contextual real-time pricing as a top factor for shoppers.
Shopify data reveals that social media is the biggest driver of brand and product discovery in the APAC region, with price being the top factor influencing purchase decisions.
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