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Company Insights
NewAfterpay – Competitor Profile
Afterpay offers buy now pay later (BNPL) services, enabling consumers to pay for purchases in installments. Initially an online-only payment solution, it is now also available for in-store purchases in select countries. Founded in Australia in October 2014, Afterpay subsequently expanded its operations by launching in New Zealand (May 2017), the US (May 2018), the UK (under the Clearpay brand name) (August 2018), and Canada (August 2020). In addition to the UK, Clearpay was also available in other European markets...
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Company Insights
Innovation and Patenting activity of Afterpay Ltd Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Afterpay Ltd Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will be delivered...
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Thematic Analysis
Payments Sector Scorecard – Thematic Intelligence
Payments Sector Scorecard Thematic Intelligence Report Overview Disruptive solutions such as blockchain, AI, and cloud technology are driving changes in the payments industry. Companies such as JPMorgan Chase, GoogleC, Visa, and Mastercard are heavily investing in these solutions even though they are at their early stage of using disruptive technologies. In addition, incumbent companies acquire startups and stakes in competitors to grow their market share. Fintech startups first showed interest in new payment solutions such as open banking, blockchain, and...
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Thematic Analysis
NewGlobal Tech, Media, and Telecom (TMT) M&A Deals 2023 – Top Themes and Predictions – Thematic Intelligence
Global Tech, Media, and Telecom (TMT) M&A Deals 2023 Theme and Predictions Report Overview Total M&A deal value in the technology, media, and telecom (TMT) sector declined 46% in 2023, compared to the previous year. Software and services accounted for over 48% share of the total M&A deal value in 2023. The ‘Global Tech, Media, And Telecom (TMT) M&A Deals 2023 Theme and Predictions Report’ analyzes the top disruptive themes that drove M&A activity in the technology, media, and telecom (TMT)...
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Company Insights
Nordstrom, Inc. – Digital Transformation Strategies
Nordstrom Digital Transformation Strategies Overview Nordstrom, Inc. (Nordstrom) has been focusing on using artificial intelligence, big data, and augmented reality to digitally transform its operations. The annual ICT spending of Nordstrom was estimated at $383.1 million for 2023. A major share of this spending is earmarked for acquiring software, hardware, and ICT services from vendors. Nordstrom is a specialty fashion retail company operating through multiple retail channels. The company offers a wide selection of branded and private-label merchandise, including shoes,...
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Analyst Opinions
Key Payments Trends for 2024
Exploring trends and insights from the ‘Payments Trends’ report will help you: Identify the top trends impacting the payment industry - mobile payments, social commerce, alternative solutions, AI, open banking, and blockchain. Analyze the leading trends in the industry and learn how they provide fast and frictionless user experiences. Understand each trend in detail to gain a competitive advantage in the market. Identify factors driving the growth of the payments landscape, including super apps, mobile payments, and blockchain. Understand the...
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Company Insights
IKEA Holding B.V. – Digital Transformation Strategies
IKEA Digital Transformation Strategies Overview IKEA is leveraging AI-based technologies as a part of its digital transformation strategies. The annual ICT spending of IKEA was estimated at $737.1 million in 2023. A major share of this spending is earmarked for acquiring software, network and communications, and ICT services from vendors. Inter IKEA Holding B.V. (Inter IKEA Holding) is the holding company of the Inter IKEA Group (IKEA Group). Inter IKEA Holding is a group of companies that connects suppliers and...
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Thematic Analysis
Ecommerce – Thematic Intelligence
Ecommerce Report Overview The e-commerce market was worth $5.9 trillion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of more than 9% between 2022 and 2027 primarily driven by improved technology and delivery services and wider internet adoption. The E-commerce thematic report provides an overview of the e-commerce theme. It identifies the key trends impacting the growth of the sector over the next 12 to 24 months. It includes a comprehensive industry analysis, outlining...
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Company Insights
Atome – Competitor Profile
Atome is one of the most widely preferred buy now, pay later (BNPL) service providers in Southeast Asia. Launched in December 2019, Atome serves over 30 million users across 10 countries. Atome is part of fintech company Atome Financial, which is the subsidiary of Singapore-based Advance Intelligence Group. Atome offers both online and in-store payment options to customers, enabling them to pay for their purchases in three or six equal installments. To entice customers, it offers its own loyalty program,...
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Company Insights
Klarna – Competitor Profile
Klarna is a Swedish online payment services provider (PSP) that offers a range of buy now pay later (BNPL) solutions. Established in 2005, the company now serves over 150 million customers and is accepted by over 500,000 merchants across 45 countries. Klarna acquired SOFORT in 2014, turning it into one of the largest PSPs in the European ecommerce space. According to GlobalData’s 2023 Financial Services Consumer Survey, Klarna accounts for 12% of all ecommerce sales in Sweden, 8% in Norway,...