And Vice President-elect JD Vance said on the campaign trail that he would explore stricter regulations of D2C pharma advertising. Bills to restrict or prohibit D2C drug ads have been introduced in the past yet typically lacked support from GOP lawmakers. But if a Republican-led administration pushes for a ban, previously hesitant members of Congress could be swayed.
Article
| Jan 16, 2025
Despite relatively sluggish growth in the previous quarter, both Alibaba and JD.com are benefiting from Beijing’s trade-in subsidies for autos and appliances, which boosted their Singles Day performances as well as China’s October retail sales.
Article
| Nov 21, 2024
Douyin’s low-cost shoppertainment strategy has been effective, helping the short-video app gain market share in retail ecommerce sales against giants such as Alibaba and JD.com. Overall Douyin retail ecommerce sales grew 55.0% in 2023, compared with 11.4% for China’s total retail ecommerce sales, to reach $324.42 billion.
Report
| Apr 11, 2024
Traditional ecommerce leaders are losing steam, with Alibaba and JD.com seeing ad revenue growth of just 5% and 2.7%, respectively. We expect Baidu, the sixth-largest ad player in the market, will increase ad revenues 1.5% this year after posting a 4% decline in Q3 after SMBs reduced their spend due to macroeconomic conditions.
Article
| Dec 3, 2024
President-elect Donald Trump and Vice President-elect JD Vance appeared on “The Joe Rogan Experience” (ranked No. 1 in the US on Spotify), while Vice President Kamala Harris appeared on “Call Her Daddy” (ranked No. 22 in the US on Spotify).
Article
| Nov 18, 2024
President-elect Donald Trump has shifted between supporting and opposing the idea of a Google breakup, though Vice President-elect JD Vance said over the summer that the company should be split up. Our take: Google’s ad exchange has been a sore topic for some advertisers since reports emerged last year that “made-for-advertising” sites were diluting the quality of its inventory.
Article
| Nov 7, 2024
Digital, traditional, and total media ad spending growth will all accelerate in 2024, although only modestly. The outlook has stabilized for most countries and regions, even if spectacular growth is harder than ever to find.
Report
| May 29, 2024
Companies signing new leases include third-party logistics firms Western Post, Lecangs, and Elogistek, and ecommerce businesses such as Alibaba Group and JD.com.
Article
| Nov 4, 2024
That drove the two incumbents to join forces: JD.com merchants can now use courier, delivery, and installation services from Alibaba’s Cainiao, while Tmall and Taobao sellers have the option to use JD.com’s logistics offerings.
Article
| Oct 29, 2024
Companies like Alibaba, JD.com, and Meituan are pulling in tens of billions in ecommerce channel ad spending in China, while Amazon has only a limited presence. The opposite is also true: China’s retail giants are not significant ad publishers in other markets. Latin America is also a vulnerable spot for Amazon. Mercado Libre is building momentum in countries like Brazil, Mexico, and Argentina.
Report
| Feb 7, 2024
Incoming vice president JD Vance recently said on a podcast that he’s a big critic of pharma advertising. Vance wasn’t concerned with drug ads’ influence on consumers but rather that media companies don’t appropriately investigate the drug industry since they rely so heavily on Big Pharma’s ad dollars. Vance’s critiques of D2C pharma ads aren’t the same as Trump’s.
Article
| Nov 7, 2024
The DOJ brought its search monopoly complaint against Google under the first Trump administration, and JD Vance said the company should be broken up in July. Trump favors fewer content restrictions while also weakening Section 230 of the Communications Decency Act, which protects platforms from being held responsible for their users’ speech.
Article
| Nov 6, 2024
The majority have dealt with at least one issue during a recent virtual care appointment, according to JD Power‘s 2024 US Telehealth Satisfaction Study. 4,070 US consumers who used a telehealth service within the past 12 months were surveyed. The survey ran from September 2023 through July 2024.
Article
| Oct 3, 2024
The DOJ brought its search monopoly complaint against Google under the first Trump administration, and JD Vance said the company should be broken up in July. Trump favors fewer content restrictions while also weakening Section 230 of the Communications Decency Act, which protects platforms from being held responsible for their users’ speech.
Article
| Oct 30, 2024
This achievement will come in part at the expense of their legacy domestic competitors, as we project Baidu, Alibaba, and JD.com will see middling results this year. Reddit, Spotify, and Apple are also noteworthy. Aside from ad industry giants like TikTok, Amazon, and Instagram, several other names stand out.
Report
| Jan 10, 2024
It will need to do a better job of reaching the nearly half of brick-and-mortar pharmacy customers who say they have not heard of digital pharmacies, per JD Power’s 2024 US Pharmacy Study.
Article
| Oct 10, 2024
In particular, the retailer’s embrace of newer marketplaces like Douyin show how sharply momentum has shifted away from previously dominant players Alibaba and JD.com. Douyin’s gross merchandise volume (GMV) grew by 46% year over year (YoY) in the 12 months ended July 2024, according to Wei Wenwen, the short-video platform’s president of ecommerce.
Article
| Sep 26, 2024
Competitors like JD.com and Meituan have been quick to jump on the retail media hype train, and the long tail of “other” is far larger in China than it is in the US ($9.84 billion versus $4.18 billion this year), indicating the extensive range of smaller players that have found success. What does China’s story tell us about the US’ growth potential?
Report
| May 25, 2023
Consumers are unsatisfied with their credit card rewards, according to the JD Power 2023 US Credit Card Satisfaction report. Gen Z cardholders were most likely of any generation (41%) to say their credit card rewards aren’t up to snuff, per a report from i2C and PYMNTS Intelligence.
Article
| Apr 8, 2024
We expect it to leapfrog JD.com next year for second place. Alibaba is the biggest ecommerce company in the world, but its share in China has plummeted over the past 10 years. In 2013, Alibaba controlled 84.1% of China’s ecommerce market. By 2024, that figure will have dropped below 40%.
Report
| Jul 14, 2023
Pinduoduo’s early gains in Chinese ecommerce—then dominated by the incumbent duopoly of Alibaba and JD.com—came from a similar strategy. Rapid global expansion is already underway. In Q1 2023, Temu started rolling out in the predominantly English-language markets of Canada, Australia, and New Zealand.
Report
| May 19, 2023
The top reason for switching card providers is to find a better rewards program, according to JD Power.
Article
| May 10, 2024
More than half (51%) of US consumers can’t pay off their entire balance each month and accrue interest on the balance, according to a survey from JD Power. This is the highest level in years: The percentage ranged from 40% to 50% between 2018 and 2022, per JD Power. Record-high credit card interest rates have helped propel consumer credit debt to new heights.
Article
| Aug 28, 2023
More than half (51%) of US consumers say they can’t pay off their entire balance and accrue interest each month, according to a survey from JD Power. This is the highest level in years: 40% to 50% said the same between 2018 and 2022. The impact: Issuers need to be wary of rising delinquency rates. Wells Fargo’s 30+ day delinquency rate hit 2.70%, up from 2.39% the prior quarter.
Article
| Oct 16, 2023
Wider adoption is helped by nearly every major Chinese ecommerce and social platform participating in live commerce, including Alibaba’s Tmall and Taobao, JD.com, Pinduoduo, and WeChat, along with short-video apps Douyin (TikTok’s sister app in China) and Kuaishou. Other mobile-first markets in Asia-Pacific hold promise for livestreaming ecommerce.
Report
| Jul 14, 2023