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Key context: UPI and RuPay have played a major role in fueling digital payments adoption across India. UPI has become one of the most-used payment methods in India since its 2016 launch: UPI reached a record 7.829 billion payments totaling INR 12.820 trillion ($163.1 billion) in December alone, per the National Payments Corporation of India.

But it鈥檚 not just in the US鈥�India also recently tightened the reins on the health and wellness sector, introducing disclosure rules requiring influencers who make recommendations (of products or otherwise) to disclose their qualifications. The health and wellness sector exploded in wake of the coronavirus pandemic as consumers sought more health-conscious purchases and lifestyle choices.

Not great that they were struggling in India in large part because India is just such a huge country. It's actually about to become the most populated country on the planet taking China's long-held crown. Paul Verna:. And they get about 80 million of their subscribers from India. Marcus Johnson:. Wow. Paul Verna:. It's a very substantial portion of the subscriber base for Disney+. Marcus Johnson:.

Governments of the US, Canada, Belgium, India, the UK, the European Commission, and France have banned TikTok from government devices over data privacy and national security concerns. Separating TikTok from ByteDance by selling it to a trusted entity, which was attempted in the past, would reduce the mounting global scrutiny and remove barriers to growth.

India has also banned TikTok, and the UK Parliament shut down its TikTok account for fear of data leaks. More than 25 US higher education institutions have blocked TikTok, per Best Colleges. Will TikTok crumble under intensifying scrutiny? No other app, web service, or social network has received the amount of government pushback that TikTok has in the past year.

In response to iPhone shortfalls, Apple has accelerated its exodus from China and is looking at India and Vietnam as alternatives. But effectively replicating its Chinese production facilities in other countries could take years. Meanwhile, in China: Retailers like JD.com Inc. and state carrier China Mobile took 800 yuan ($118) off the iPhone 14 Pro, ostensibly to push sales.

Visa also signed several global fintech deals in Latin America, Australia, and India. Kelly called out Visa鈥檚 co-brand deal with India-based ecommerce giant Flipkart, which counts more than 400 million registered customers, according to Bain & Company. Travel tie-ups. Like rival Mastercard, Visa benefited from strong travel demand last quarter.

India is tightening influencer regulations, requiring "wellness influencers" to disclose qualifications in health or wellness-related posts. The French Directorate-General for Competition, Consumer Affairs, and Fraud Control (DGCCRF) found that 60% of influencers didn't comply with online advertising and consumer law regulations.

Of the markets we forecast, Australia, India, and New Zealand will be the final three countries to reach this level within our forecast timeframe. Interestingly, there鈥檚 no one region that either dominated retail ecommerce early on or that is bringing up the rear. Digital advances are coming from all corners of the globe.

The State Bank of India ranked first again with 18 million Facebook likes, 4.8 million X followers, over 1 trillion YouTube views, and 2.6 million Instagram followers. It鈥檚 the oldest and largest bank of India, the most populous country in the world鈥攚hich helped boost six additional India-based banks into the top 10.

While these subscriber numbers do not necessarily translate into time spent, the foothold they offer in markets that Netflix has consistently struggled in鈥攕uch as India鈥攚ill make it difficult for the platform to entrench itself as it has in other countries. Local providers are gaining ground.

Disney+ subscribers missed the mark, declining 2% to 157.8 million, mostly due to losses in India. But recent price increases helped offset those losses, and Disney announced that it plans to raise prices again in 2023. Linear TV revenues were down 7%, totalling $6.63 billion.

Sentiment is souring on TikTok: Governments of the US, Canada, Belgium, India, the UK, the European Commission, and France have banned TikTok from government devices over data privacy and national security concerns. Half of Americans support a US government ban on TikTok, while 22% oppose the idea and more than a quarter are unsure, per a study by Pew Research Center.

Respondents were from Argentina, Australia, Austria, Brazil, Canada, China, Czech Republic, France, Germany, India, Italy, Malaysia, Morocco, Netherlands, Nigeria, Poland, South Africa, Spain, Sweden, Thailand, Turkey, UAE, UK, and US.

Sales from markets outside the US鈥攊ncluding key Amazon markets like the UK, Canada, Germany, Mexico, and India鈥攚ill increase 11.6% from 2022 to $4.90 billion. To view the full forecast for US Amazon Prime Day sales, click here. Prime Day will surpass $8 billion in US ecommerce sales over the two-day period.

In countries where adoption is highest (e.g., Brazil, India, China, and South Africa), trust is also highest. More than 90% of respondents said they were comfortable with some AI involvement in managerial decision-making at work, per KPMG. Workers are concerned about generative AI. There is a large gap between awareness of generative AI risks and mitigation.

Discovery鈥檚 debt payments, potential acquisitions, and the broader industry鈥檚 push into markets like India would be slowed both by greater expenditures and an inability to produce new content without writers.

Snapchat is growing in India, with an expected 183.6 million users this year, largely as a result of the country鈥檚 TikTok ban. This year, over a fifth (21.7%) of the world鈥檚 population will be users of TikTok or its Chinese counterpart, Douyin. However, a potential ban could hurt future US growth. Use this chart:. Effectively distribute budgets for social media ad campaigns.

India and Indonesia hold promise as they are still in high-growth mode, unlike the UK, which is in an extended slump. That said, the US has become a more reliable growth driver as one of the only mature markets that will see a double-digit increase in ecommerce sales this year. More like this:. Shoppers are cooling on luxury purchases, Saks Fifth Avenue says. 4 steps to a better ecommerce strategy.

This comeback will be led by improvements in big markets like Western Europe, North America, and China, but developing markets in Latin America, Southeast Asia, and India will also drive ecommerce growth worldwide. Use this chart:. Use newly stable trendlines to inform long-term decision-making. Understand ecommerce as a segment of overall retail. More like this:.

It's incredibly popular in markets like India and Brazil. And I think it also paired with... The adoption of WhatsApp paired with people's initial access to the internet for the first time.

Previously, Amazon Live streams were only available through desktop, mobile, and Fire TV, yet it still garnered over one billion consumers in US and India, according to Amazon. 7. Coach. 鈥淸Coach] is resonating with a younger audience,鈥� our analyst Suzy Davidkhanian said. In its Q2 2024 earnings, parent company Tapestry reported $1.5 billion in Coach revenue, marking a 6% YoY increase.

More than 12,000 consumers were surveyed in 13 countries: Brazil, Canada, China, France, Germany, India, Japan, Mexico, Nigeria, South Africa, South Korea, the UK, and the US. Responses from Nigeria were not included in the final results due to methodology. Factors affecting erosion of trust:. Economic fears, beginning with inflation, cost, and lack of affordability.

Respondents were from: UK, US, France, Spain, China, Japan, Australia, Brazil, Argentina, Mexico, Colombia, India, Poland, UAE, Netherlands, Germany, South Africa, and Thailand.