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Walmart-Backed Flipkart Turns to Videos and Livestream to Woo Indian Online Shoppers
Flipkart is using social videos and livestreams to convert young consumers spending a lot of time on their smartphones into loyal customers. While the concept of online retailers using videos to boost sales has been around for years, Flipkart hopes this strategy will give it an edge over rivals like Amazon.com and Reliance Industries in India.
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GTA 6 Delay Weighs on Global Videogame Market Growth, Data Shows
The delay of the long-awaited Take-Two's Grand Theft Auto 6 to next year and price hikes to videogame hardware arising from tariffs, have made consumer spending uncertain. A report from research firm Newzoo has predicted that the global videogame market's growth rate is expected to improve only marginally in 2025.
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Global Airlines Cut 2025 Profit Forecast Amid Trade Tensions
Trump's sweeping tariffs have stoked fears of an economic slowdown and squeezed discretionary spending, prompting many consumers especially in the United States to delay or scale back travel plans.
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EA Forecasts Annual Bookings Above Estimates With New Battlefield Game Launching FY 2026
Electronic Arts (EA) forecast fiscal 2026 bookings above Wall Street expectations on Tuesday. EA's positive outlook signals the gaming industry's optimism around sales resilience in the face of a broader pullback in consumer spending amid macroeconomic volatility stemming from US tariffs.
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India's Creator Economy To Drive Over $1 Trillion In Consumer Spending By 2030: Report
India's rapidly growing creator landscape is poised to drive over USD 1 trillion annually by 2030, which currently influences an estimated USD 350 billion in consumer expenditure each year.
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Man Unknowingly Consumes Fish Gall Bladder, Spends A Week In Indore Hospital
A 42-year-old man's condition deteriorated so much that he had to be hospitalised for a week after unknowingly consuming fish gall bladder in Indore, a doctor said on Wednesday.
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How China Is Using Its Rice Cookers And Dish Washers To Save The Economy
China is expanding its consumer trade-in scheme to revive demand in the sluggish household sector. The move includes adding more home appliances to the list of products eligible for trade-in and offering subsidies for digital goods.
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Apple Offers iPhone Discounts in China as Competition Intensifies
Apple is offering rare discounts on its latest iPhone models in China. The discounts come as consumers remain cautious with spending amid China's slowing economy and deflationary pressures.
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US 'Black Friday' Online Spending Put At Record $10.8 Billion
American consumers spent a record $10.8 billion online during "Black Friday" promotions, with many using artificial intelligence tools to find the best deals, Adobe Analytics announced Saturday.
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Concerts To Cosmetics, CLSA Report Reveals What Young Indians Are Splurging On
Young Indians are shifting away from splurging on traditional retail and fast-moving consumer goods (FMCG), as per brokerage firm CLSA's latest report.
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Epic Games, EA, Roblox Among Video Game Companies Hit with EU Complaint for 'Tricking Consumers'
An EU consumer complaint on Thursday accused videogaming firms of misleading gamers into spending money. The move against Epic Games, Electronic Arts, and Roblox among others has come amid rising concerns about children turning into gaming addicts.
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Take-Two Looks at GTA 6, Other New Games to Boost Bookings in Next 2 Fiscal Years
Take-Two said it saw a decline in recurrent consumer spending for GTA Online in the first quarter, signaling that after years of consistent growth, player engagement rates for the live-service title might be slowing down. The videogame publisher is gearing up for the launch of its long-awaited Grand Theft Auto VI next year.
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40% Jump In Quick Commerce Spending During T20 World Cup Final: Report
Fintech startup Simpl on Sunday said that it witnessed a 40 per cent jump in consumer spending on its platform around the T20 World Cup Final.
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India To See Higher Consumer Spending With Ease In Inflation: Rating Agency Fitch
Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.
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Fitch Ratings Raises India's Growth Forecast For Current Fiscal To 7.2%
Fitch Ratings on Tuesday raised India's growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment.
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Walmart-Backed Flipkart Turns to Videos and Livestream to Woo Indian Online Shoppers
Flipkart is using social videos and livestreams to convert young consumers spending a lot of time on their smartphones into loyal customers. While the concept of online retailers using videos to boost sales has been around for years, Flipkart hopes this strategy will give it an edge over rivals like Amazon.com and Reliance Industries in India.
-
GTA 6 Delay Weighs on Global Videogame Market Growth, Data Shows
The delay of the long-awaited Take-Two's Grand Theft Auto 6 to next year and price hikes to videogame hardware arising from tariffs, have made consumer spending uncertain. A report from research firm Newzoo has predicted that the global videogame market's growth rate is expected to improve only marginally in 2025.
-
Global Airlines Cut 2025 Profit Forecast Amid Trade Tensions
Trump's sweeping tariffs have stoked fears of an economic slowdown and squeezed discretionary spending, prompting many consumers especially in the United States to delay or scale back travel plans.
-
EA Forecasts Annual Bookings Above Estimates With New Battlefield Game Launching FY 2026
Electronic Arts (EA) forecast fiscal 2026 bookings above Wall Street expectations on Tuesday. EA's positive outlook signals the gaming industry's optimism around sales resilience in the face of a broader pullback in consumer spending amid macroeconomic volatility stemming from US tariffs.
-
India's Creator Economy To Drive Over $1 Trillion In Consumer Spending By 2030: Report
India's rapidly growing creator landscape is poised to drive over USD 1 trillion annually by 2030, which currently influences an estimated USD 350 billion in consumer expenditure each year.
-
Man Unknowingly Consumes Fish Gall Bladder, Spends A Week In Indore Hospital
A 42-year-old man's condition deteriorated so much that he had to be hospitalised for a week after unknowingly consuming fish gall bladder in Indore, a doctor said on Wednesday.
-
How China Is Using Its Rice Cookers And Dish Washers To Save The Economy
China is expanding its consumer trade-in scheme to revive demand in the sluggish household sector. The move includes adding more home appliances to the list of products eligible for trade-in and offering subsidies for digital goods.
-
Apple Offers iPhone Discounts in China as Competition Intensifies
Apple is offering rare discounts on its latest iPhone models in China. The discounts come as consumers remain cautious with spending amid China's slowing economy and deflationary pressures.
-
US 'Black Friday' Online Spending Put At Record $10.8 Billion
American consumers spent a record $10.8 billion online during "Black Friday" promotions, with many using artificial intelligence tools to find the best deals, Adobe Analytics announced Saturday.
-
Concerts To Cosmetics, CLSA Report Reveals What Young Indians Are Splurging On
Young Indians are shifting away from splurging on traditional retail and fast-moving consumer goods (FMCG), as per brokerage firm CLSA's latest report.
-
Epic Games, EA, Roblox Among Video Game Companies Hit with EU Complaint for 'Tricking Consumers'
An EU consumer complaint on Thursday accused videogaming firms of misleading gamers into spending money. The move against Epic Games, Electronic Arts, and Roblox among others has come amid rising concerns about children turning into gaming addicts.
-
Take-Two Looks at GTA 6, Other New Games to Boost Bookings in Next 2 Fiscal Years
Take-Two said it saw a decline in recurrent consumer spending for GTA Online in the first quarter, signaling that after years of consistent growth, player engagement rates for the live-service title might be slowing down. The videogame publisher is gearing up for the launch of its long-awaited Grand Theft Auto VI next year.
-
40% Jump In Quick Commerce Spending During T20 World Cup Final: Report
Fintech startup Simpl on Sunday said that it witnessed a 40 per cent jump in consumer spending on its platform around the T20 World Cup Final.
-
India To See Higher Consumer Spending With Ease In Inflation: Rating Agency Fitch
Putting an end to the debate on India's growth based on the government's capex push, global rating agency Fitch Ratings said that consumer spending will increase with elevated consumer confidence, a sign of enhanced income for people.
-
Fitch Ratings Raises India's Growth Forecast For Current Fiscal To 7.2%
Fitch Ratings on Tuesday raised India's growth forecast for current fiscal to 7.2 per cent, from 7 per cent projected in March, citing a recovery in consumer spending and increased investment.
