Facebook's fourth-quarter sales jumped 33%, with online shopping during the pandemic fueling demand for digital ads on its social networks. Still, the company warned of "significant uncertainty" in 2021, and said it may not be able to grow as quickly in the second half, sending shares lower in late trading.
Quarterly revenue was $28.1 billion, the Menlo Park, California-based company said Wednesday in a statement. That compared with the $26.4 billion average analyst estimate in a Bloomberg survey. Facebook now has 2.8 billion monthly users, beating the average prediction of 2.76 billion, as more people spend time on their phones while unable to gather or travel during Covid-19-related shutdowns.
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Macy's home sale: Shop the department store's big savings event
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CarParts.com Introduces EV, Hybrid Shopping Hub | PYMNTS.com
Torrance, California-based CarParts.com, Inc. rolled out a centralized shopping location for the electric vehicle (EV), plug-in hybrid and hybrid community, according to an announcement .
The automotive parts company said that developing an eCommerce stores for hybrids and EVs is the next large investment in its expansion and commitment to getting drivers onto the road again, according to the announcement.
Apple Pay Offers Germ-Free Shopping—If Only We Could Figure Out How it Works - WSJ
Rachel Carmack thought Apple Pay was the answer to her pandemic-induced germaphobia. No more plastic credit cards, with their button-pushing and receipt-signing. Instead, she would simply wave her phone to pay for things.
Her plan hasn't gone so smo othly. On two trips to a fast-food drive-through in Jonesboro, Ark., cashiers grabbed her phone when she stuck it out the window. On another, she had to give the cashier an Apple Pay tutorial before she could get her order. "If you just hold the reader out I can hold my phone up to it," she told the stumped employee.
Not to change the topic here:
Neiman Marcus plans to spend $85 million to upgrade online shopping experience
Shop Amazon's Valentine's Day Gift Guide for 2021 | PEOPLE.com
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