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Why Instagram’s New Shopping Icon Is Changing Ecommerce Forever

Perficient

Here’s why: Traditionally users weren’t able to purchase items through social media platforms. Social influencers could promote brands through their channels and direct users to “swipe up” or click a link in their bio to purchase. 70% of people will trust a recommendation from someone they don’t know.

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Facebook Hit With Fine From UK’s Information Commission Over Data Handling

PYMNTS

after the Information Commissioner’s Office ( ICO ) ruled that the social media network operator was engaged in “serious breaches of data protection.” The data, which was processed from 2007 through 2014, was accessible to developers of third-party vendors without the Facebook users providing consent. .”

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A Trip Through eCommerce Past

PYMNTS

Additionally, 15 percent reported that they had purchased an item via a social media link. Likewise, in 2007, the rate of adults who had made an online purchase sat at 49 percent. consumers had reported making a purchase online. While a majority of consumers in the U.S.

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Facebook Users Will ‘Like’ Ordering Papa John’s Via New ‘Start Order’ Button

PYMNTS

Papa John’s is giving Facebook users one more reason to never leave the app: now, customers can order Papa John’s pizza, desserts and sides using the social media giant’s new “ Start Order ” button. delivery restaurants way ahead of the curve.

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China’s Babytree Makes The Case For Contextual Commerce

PYMNTS

Here’s the news: Beijing-based Babytree, which was founded in 2007 and “operates an online platform for parents to exchange know-how, shop for baby goods and purchase early education services,” recently launched its IPO on the Hong Kong Stock Exchange. Social, as one can imagine, is a big part of contextual commerce.

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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

The Dubai International Financial Centre ratified the original version of its Data Protection Law (DPL) in 2007, for example — about a year earlier than Europe’s official General Data Protection Regulation (GDPR) and first Payment Services Directive (PSD) launches.

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Burning Man: Silicon Valley’s Hottest Perk?

PYMNTS

The annual event, created by Larry Harvey and Jerry James in 1986, is now an international draw for visual artists, social media influencers, tech billionaires, independent thinkers and party animals of all stripes. In 2007, the social media startup Faceparty relocated nearly all of their team to Burning Man. “It