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Particularly in the social media sphere, the uptake of video-heavy platforms among Gen Zers and millennials is marked. Germany鈥檚 digital shift sustains total media time. Germany started its digital pivot later than the UK and France, but its current pace of change is strong. This is likely what鈥檚 keeping Germany above its 2019 total media time spent figure.

And Amazon partnered with Affirm to bring buy now, pay later (BNPL) to US and Canadian customers. Related content: Check out what our Retail & Ecommerce analysts have to say about Buy with Prime鈥檚 expansion. This article originally appeared in Insider Intelligence's Payments Innovation Briefing鈥攁 daily recap of top stories reshaping the payments industry.

Meta pulled a similar maneuver in Canada when it banned news during a historic wildfire, drawing criticism from regulators鈥攂ut that was because of a clash over new legislation.

Why TikTok is being banned on government phones by everyone from the US to the EU and Canada. Gen Z is the social video generation, and TikTok is its platform. Yesterday鈥檚 Chart of the Day: Unhealthy concern.

The UK market is an interesting market, because it may augur what's going to happen in markets like the US and Canada, because gambling was legalized much earlier, mid-'90s, I think it was. Much smaller market, obviously, the UK, in terms of population size and so on.

Building on previous measures (including a 25% duty on automobiles and certain auto parts, along with a 25% blanket levy on Canadian and Mexican goods not covered by USMCA), these evolving policies have created widespread uncertainty. There's significant uncertainty ahead.

Video is also having a big impact on social media time. TikTok鈥檚 growth in the UK has led other platforms to pivot to video content. The increase in this type of content is leading to increased time spent on social media. As total media time declines, audiences are increasingly found in digital environments. Adults in the UK have reached their limit when it comes to media consumption.

A college-focused Sephora store could feature beauty basics and products trending on social media, drawing in consumers doing their routine shopping and those looking to try something new. The in-store experience should be highly interactive and engaging, with store associates providing college-age-specific advice or product recommendations. 2. Best Buy.

A large pharma client of Indegene used genAI to search internal and external data to determine if health authority queries (HAQs) had previously been asked by regulatory agencies, like the FDA, the European Medicines Agency, or Health Canada. And if so, how were they answered? The project delivered highly accurate results, and Indegene noted an 80% reduction in response time.

Mexico, Indonesia, and Canada will be among the fastest growing and most eager adopters. Canada will be the lone advanced economy to crack the top 10 list for digital sales growth. Canada will also be the only advanced economy to make the top list for fastest growth in overall retail sales. For more on Canada鈥檚 standout year, see our report, 鈥淐anada Ecommerce Forecast 2023.鈥�.

Forty-nine percent of US and Canadian companies believe their organizations have benefited from faster payments, per an AFP study. That number shoots up to 92% globally. Instant Payouts lets providers offer cheaper instant disbursements. This makes Plaid鈥檚 Transfer product more appealing to businesses, which can help its retention rate and bring in more payments volume.

She explains that in one instance, British-Canadian Geoffrey Hinton and American John Hopfield were awarded the Nobel Prize in physics for their work on AI in the 70s and 80s. That showed us a new way to use computers through artificial neural networks. Ms.

The US, Canada, and the three largest European markets will also post standout growth. To view the full forecast, click here. Mercado Libre has an edge on Amazon in Latin America鈥檚 largest countries. In 2024, Mercado Libre will claim more than two-thirds of retail media ad spending in Brazil and overtake Amazon鈥檚 share in Mexico for the first time.

We're starting to hear stories around pet shops are already there, but now adoption centers in Canada, we have malls that have DMVs and libraries, and so I think we're going to start seeing a lot more mixed use case malls, which will help drive traffic. Sara Lebow:. Is that the same case in the UK Carina? Carina Perkins:. Similar in some ways and different in others, I would say.

Social media. US social network ad spending will grow by 16% YoY to $86.75 billion this year and will continue increasing by double-digit YoY rates through 2027, per our forecast. The majority of that spending is now on video formats, with TikTok鈥檚 video growth outpacing that of other platforms. Social media is an essential marketing channel, but it is also one fraught with brand risk.

Inditex-owned Zara will soon begin hosting 鈥淶ara Streaming鈥� live-shopping shows for customers in the US, the UK, Canada, and select European markets, following success with the format in China. The retailer plans to host the live shows exclusively on its app and website in an attempt to exert maximum control over aesthetics, as well as drive more shoppers to its owned channels.

Despite having 33.1 million fewer paying members than regions like the US and Canada in Q1 2023, Latin America was the second-fastest-growing market for average revenues per Netflix membership (ARM), at 2.7% YoY, according to the company. Latin America鈥檚 ARM in Q1 was roughly half that of the US and Canada, at $8.60. Looking ahead: Netflix will dominate paid streaming in Latin America.

So in Canada, RBC, the Royal Bank of Canada was a big presenting sponsor, Toyota was another, so big national advertisers. There's a lucrative aspect to being a presenting sponsor, so they're in front of everybody for a couple of weeks.

Netflix has completely removed the basic membership plans for everyone, including existing members in Canada this month. According to The Verge, users in Canada and the UK began to receive prompts earlier this month stating that July the 13th was the last day that viewers on this plan could continue watching content. Paul, what will this mean for the Netflix subscription landscape in Canada?

The US and Canada have very high rates of internet penetration and smartphone adoption, and gaming has been mainstream for a very long time. Thanks to this, 56.4% of the total population of North America will be digital gamers this year. The next closest region will be Western Europe at 44.4%. Almost half of all gamers will be in the US, China, and India.

The ecommerce boom in Canada means many product categories now sell a significant percentage online. This includes grocery, which we forecast for the first time this year.

So in terms of what's happening in Canada, a couple of major players, like Bell Media. Bell Media hasn't, which has their main linear TV channel as CTV Canada, doesn't really have a FASST play at this point in time. Rogers, as I mentioned earlier, made that deal with Tubi in 2020 to bring that content to Canada and that experience to Canada.

Methodology: Data is from an Airship survey conducted by Sapio Research as cited in a May 2023 press release. 11,000 respondents ages 18+ were surveyed in Brazil, Canada, France, Germany, Indonesia, Singapore, South Africa, Thailand, the UK, and the US during February 2023. Airship is a provider of mobile engagement solutions.

Countries with strong economic and political ties to the US, like the UK and Canada, have a higher likelihood of pushing for broader bans. Marketers in countries that benefit from maintaining a good relationship with China, including those in Latin America and Southeast Asia, should be less concerned about a potential ban. Data privacy attitudes and policies also matter.