Global mobile commerce market is showing healthy signs of growth

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Cirteo report highlights the rise of mobile commerce throughout the world The mobile commerce market is growing quickly throughout the world. Globally, retailers are becoming more mobile-centric, taking note of growing smartphone penetration and the increasing demand for mobile services that allow consumers to shop from their devices. A new study from Criteo shows that the state of the global mobile commerce market is quite healthy, with mobile driving aggressive growth in the e-commerce space as well. Notably, mobile shopping is growing most in Asia, where smartphone penetration is accelerating.…

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Samsung’s mobile payments service to launch in September

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Samsung sees promise in the mobile commerce space due to growing consumer interest Samsung has plans to launch its own mobile payments service in South Korea and the United States in September of this year, somewhat later than the company originally planned. After the initial release, the service, called Samsung Pay, will be released in Europe, China, Australia, and South Africa. These details were revealed by Samsung executive vice president of mobile commerce Dr. Injong Rhee during a recent Samsung event. Company will compete with others in order to find…

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Mobile banking sees 13 percent usage jump in Q1

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The South Korean market has greatly expanded its use of these apps and services during the span of three months. According to data that has been released by the central bank in South Korea, mobile banking in that market has undergone a 13 percent increase in terms of its daily usage over the span of the three months that made up the first quarter of this year. This insight underscores the strength of the growing trend toward mobile device use for financial transactions. During the period running from January through…

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Impulse is driving mobile commerce in South Korea

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Impulse buying is becoming a major force for those living in South Korea Consulting firm McKinsey has released a report that shows that impulse is driving participation in mobile commerce in South Korea. The report notes that the country’s mobile commerce market has doubled in value every year since 2010. Now, mobile accounts for nearly one-third of all online sales made in the country, making South Korea one of the most attractive mobile markets in the world. The report also notes that consumers are making mobile purchases based on impulse…

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Mobile commerce is growing dramatically throughout the world

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New report highlights the growth of mobile commerce in the UK and elsewhere Criteo, an advertising specialist based in Europe, has released a new report that highlights the ascension of mobile commerce in the United Kingdom and elsewhere. For the past few years, consumers have begun to favor shopping for products with their mobile devices rather than visit physical stores. While traditional stores remain important to the vast majority of consumers, a growing number of people are opting to purchase products online using nothing more than their smartphones and tablets.…

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