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Edison Trends

Edison Software is a consumer technology company creating artificial intelligence to transform the way people communicate.

Edison has developed a suite of AI-based apps and services:

-Edison Mail, an email app for Android and iOS devices, makes email faster, simpler and smarter. Edison Mail helps consumers better manage subscriptions, travel, expenses, and receipts.

-Edison Trends, launched in July 2017, provides consumer brands and other enterprise customers unique insights on consumer purchasing trends.

-Edison API is a developer tool offering unique email parsing and classification technology powered by state-of-the-art AI technology.

Based in San Jose, California, Edison is backed by Mayfield and U.S. Venture Partners. For more information about Edison visit www.edison.tech.

September 15, 2021 / Business

2021 Edison Trends U.S. Grocery Delivery Sales Report

From Edison Trends
The rise of online grocery delivery—alongside record growth of the restaurant and convenience store delivery sectors—continues to be an area of interest for many businesses this year. Uber Eats recently announced a grocery delivery partnership with Albertsons while DoorDash also expanded in recent months, partnering with convenience stores and grocery retailers to provide delivery on top of their already existing DashPass service.
September 7, 2021 / Business

2021 UK Rideshare Sales Report

From Edison Trends
Since seeing demand decrease in the last year following the pandemic, the rideshare industry has been making a gradual recovery around the globe. In April of this year, Uber announced their plan to recruit 20,000 more drivers in the United Kingdom as demand began ramping up again. To see exactly how much UK rideshare services have recovered since the start of the pandemic, Edison Trends analyzed over 120,000 transactions.
June 29, 2021 / Business

Amazon Prime Day 2021 Spend Up 32% Year over Year

From Edison Trends
Another Amazon Prime Day has come and gone - and we’ve been digging into how the sales performed for the fourth consecutive year. This year, like last, Amazon kept the official Prime Day dates under wraps until a few weeks before the event, likely to make it more difficult for their competitors from planning their own sales on the same dates. As with years prior, Amazon Prime Day led to incredible sales for the e-commerce giant, with over $5.6 billion in sales within the first 24 hours.
June 10, 2021 / Business

In Breakfast Food Digital Ordering & Delivery, Dunkin’ YoY Sales Up 750%

From Edison Trends
They say breakfast is the most important meal of the day, and nowhere is that truer than at quick service restaurants. Just recently, Burger King and Tim Hortons both added new breakfast sandwich options to their menus, and Wendy’s reported better-than-expected earnings due in large part to their new breakfast offerings. While Quick Service Restaurant (QSR) breakfast seems to be booming now, there were concerns in 2020 that the breakfast wars were a bust.
May 31, 2021 / Business

Home Depot Leads with 59% Market Share In Online Home Improvement Sales

From Edison Trends
In 2020, when stay-at-home orders first went into effect and people began working, learning, playing, and eating all within the same four walls and time on our hands, what used to be bearable imperfections quickly became must fixes. With sit down restaurants, parks, movie theaters, and the like shut down, home improvement projects skyrocketed as people tried to transform their home into an oasis.
May 7, 2021 / Business

2021 Cannabis Delivery Spend Up 146% YOY

From Edison Trends
Another 4/20 has come and gone. The annual cannabis holiday has only continued to grow as cannabis slowly becomes decriminalized and legalized state by state. In our research from last year, we found that 4/20 national online spend was up 108% compared to 2019. To see if 2021 follows the trend of increased online spend on cannabis, Edison Trends took a deep dive into over 12,000 transactions.
April 23, 2021 / Business

2021 Console and PC Game Publisher Sales Report: Spend grew 36% across all publishers over 2020

From Edison Trends
2021 offers a promising year for video game publishers following last year’s releases of the new PlayStation 5 and Xbox Series X, as well as highly anticipated games like Animal Crossing: New Horizons and Immortals: Fenyx Rising. Our previous gaming research demonstrated how demand and online sales of video games increased amid the pandemic as people settled into life indoors and sought entertainment. To see how sales among console and PC game publishers are trending, Edison Trends analyzed over 1.5 million transactions.
April 23, 2021 / Business

2021 Console and PC Game Subscriptions & Retail Sales Report

From Edison Trends
In the last year, online spending on gaming subscriptions grew 91% at Nintendo Switch Online and 16% at Sony's Playstation Plus and Playstation Now combined. Spending on Microsoft's Xbox Live and Game Pass has fallen in the last year. The PlayStation Store led in total online consumer spend on console and PC video game products. Xbox Live and the Microsoft Store combined saw 81%, Nintendo Store 35%, and Steam 32% of the online consumer spend that PlayStation Store earned in the last year. GameStop saw the highest growth in online spend with a 128% increase in February 2021 vs February 2020. Steam and the Nintendo store followed, each with 109%.
February 24, 2021 / Business

In QSR Chicken Sandwich Wars, Chick-fil-A Rules the Roost with 45% Market Share

From Edison Trends
In December 2020, Chick-fil-A led its competitors in chicken sandwich online spend, with Popeyes trailing a distant second. The battle between quick service restaurants for chicken sandwich sales has yet to lose any steam entering 2021. Both Popeyes and KFC have recently publicly expressed their efforts of “playing to win” in the fiercely competitive market, while Taco Bell has also announced intentions to join the fray.
January 29, 2021 / Investing, Business

2021 Edison Trends U.S. Convenience Store Delivery Sales Report

From Edison Trends
2020 was a year of consolidation and convergence among top players in the on-demand delivery service market, and 2021 begins with even further expansion of these brands into new markets. Alongside increased consumer adoption of online grocery and food delivery sales we previously reported, the convenience store market is also poised for disruption amid Amazon’s plans to launch 3,000 cashierless Go Stores, grocers Whole Foods and Kroger testing convenience-style store formats, and popular convenience chains like Sheetz stating intentions to compete with both grocery stores and quick service restaurants.
December 14, 2020 / Business

Etsy, Target and Kohl’s among the biggest winners this holiday shopping season

From Edison Trends
Amazon (30%), Walmart (24%) and Target (21%) also increased their year-over-year sales during this period. Online spend at department store Black Friday to Cyber Monday sales across Nordstrom, Macy’s, Kohl’s, and JCPenney combined fell 5% this year compared to last year. Due to the ongoing pandemic, the 2020 holiday shopping season has been unique.
November 11, 2020 / Business

Online Halloween Chocolate Sales Doubled in 2020

From Edison Trends
Halloween 2020 likely looked a bit different this year than in previous years. With COVID-19 remaining a looming threat, many people found creative ways to still celebrate the holiday in a socially distanced manner. Walmart was the clear winner when it came to online Halloween chocolate sales among merchants.
October 30, 2020 / Business

Amazon Prime Day 2020 Sees Another Record Year, with Online Spend up 36% Year over Year

From Edison Trends
Amazon Prime Day — one of the biggest online shopping events of the year — has come and gone, moving to October this year from July. This event, originally 24 hours long, has now expanded to a 48 hour savings extravaganza. As last year’s Edison Trends report about Prime Day 2019 sales had shown, the event has consistently led to record-breaking sales, and this year was no different.
October 30, 2020 / Business

Q4 2020 Food Delivery & Rideshare Sales Report

From Edison Trends
With the US Presidential election just two weeks away on November 3rd, Proposition 22 will be on the ballot in California, which will impact labor policies for food delivery and rideshare services alike. Following our last on-demand food delivery report in May, Edison Trends analyzed one million US transactions in report the latest to give a snapshot of both industries ahead of the election.
September 30, 2020 / Business

PS4 Grew Sales 24% in August, Maintained Lead Against Xbox, Switch and PC

From Edison Trends
COVID-19 and the lockdowns have led to a boom for the console and computer games industry as shown in our July Edison Trends report. With pre-sales for the new Playstation 5 and Xbox Series X consoles having already begun ahead of a November launch and anticipated wave of COVID-19 in Autumn and Winter, the upward trend in spend is expected by most to continue.
September 23, 2020 / Business

Online Pet Food Sales Up 43% in July over Previous July

From Edison Trends
Since March and the COVID-19 pandemic, as people purchased everything they could out of fear that shelves and supply lines would soon be overwhelmed, there was another swell in COVID-19 driven purchasing: pets. Pet adoptions have been on the rise since the start of the pandemic, as people find themselves lonely and bored in their homes.
September 4, 2020 / Business, Investing

As Airbnb announces its IPO, bookings have increased to new highs despite lockdown

From Edison Trends
As expected, during the initial lockdown in March and April, customer spending on online bookings fell dramatically for Airbnb and the hotels studied (Marriott, Hilton, InterContinental). From April 27 to the beginning of June, spending climbed quickly for these companies. Airbnb rose the fastest with an average of 32% week-over-week growth.
July 30, 2020 / Investing, Economy

Rideshare Spending Up 25% Since March Low

From Edison Trends
Looking at national rideshare trends, the gradual recovery of the industry is obvious. Both leading merchants have now regained about 25% of the ground they lost since their high points earlier in March. This slow but steady increase began mid-April and has continued since then, although spending from late June to early July showed a bit of a drop.
July 10, 2020 / Culture

Amid COVID-19 Shelter-in-Place, PS4 Saw More Online Spend Than Any Other Gaming Platform

From Edison Trends
Back in March, as people moved indoors to comply with shelter in place policies, the search for ways to stay entertained at home skyrocketed. As previous Edison Trends research on pandemic sales shows, wine subscriptions, console video games, and online marijuana sales shot up, while rideshare usage dropped. Gaming consumers have an array of choices to stay occupied at home as they head into summer, whether rain or shine in the world outside.
July 8, 2020 / Culture

Online consumer spend on plant-based meat alternative sandwiches at restaurants is up 72% in the last three months amid COVID-19 pandemic

From Edison Trends
The popularity of plant-based meat has quietly established itself as a mainstay across the restaurant and grocery industry—in fact, the plant-based meat industry is projected to reach $85 billion by 2030. Increased adoption of veganism stemming from environmental and health concerns is expected to further escalate the demand for plant-based products. And in the wake of the COVID-19 pandemic, consumers may also be hungry for more sustainable meat options for fears over any potential meat supply chain issues amidst Covid-19.