Recommended Reading: February 21, 2017 - eMarketer

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Recommended Reading: February 21, 2017

eMarketer’s scan of the key developments of the day, plus data to make sense of it all

February 21, 2017

Snap Is Selling Spectacles Online Now

Consumers no longer have to wait for a Snapbot vending machine to drop to get their hands on Snapchat's video-recording Spectacles—the company is now selling them online. According to the Wall Street Journal, this latest move from Snap is an attempt to appeal to "fickle consumer tastes" as the novelty for the once-buzzed about product fades.

Alibaba Expands Retail Push with Bailian Partnership

Chinese ecommerce and internet services giant Alibaba has teamed up with the Bailian Group, which operates more than 4,700 supermarkets, convenience stores and department stores. The deal is part of Alibaba's continued efforts to capture a bigger share of the retail market, Reuters reports.

Ant Financial Invests in Mynt

China-based Ant Financial, the parent company of popular digital payment service Alipay, has extended its global reach, with a new investment in the Philippines, Mynt, a financial venture from Globe Telecom. Through the investment, Ant Financial will look to upgrade Mynt's GCash service, as well as "provide cast to help scale its financial products, which are aimed at helping under- and unbanked consumers."

Decoding India's QR Code Push

Most of India's retail sector is mom and pop stores, which weren't ready for the country's demonetization campaign. TechinAsia details the latest step in the country's dramatic shift away from cash, the launch of "BharatQR."

A Message for News Users

Quartz's business-news messaging app is generating attention-getting numbers. In Politico Media, Ken Doctor says news companies, who are exploring ways to develop messaging products, can learn some important lessons from Quartz's year-old app.

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