Italy is a 5G pioneer as the fourth European country to commercially launch 5G services; it is also a highly competitive market. TIM recently announced a 5G cloud network and WindTre extended 5G dynamic spectrum sharing (DSS) to 93% of the country. Vodafone is partnering with Huawei on a 5G RAN network and Iliad has been looking to grow its customer base with aggressive pricing for 5G. We looked at Speedtest Intelligence® data from Q2 2021 to see if network performance is leading the way as well.
National home prices increased 15.4% year over year in May 2021, according to the latest CoreLogic Home Price Index (HPI®) Report. The May 2021 HPI gain was up from the May 2020 gain of 4.2% and was the highest year-over-year gain since November 2005. Low mortgage rates and low for-sale inventory drove the increase in home prices. While a pick-up in construction and an increase in for-sale listings as more homeowners get vaccinated may help moderate surging home price growth, affordability challenges may drive some potential home buyers out of the market which could reduce demand.
PayPal was the most downloaded P2P payment app in the world in the first half of 2021. P2P stands for “peer-to-peer,” and sometimes “person-to-person.” Either way, P2P describes the transfer of funds between two individuals. If you’ve ever split a restaurant bill, you’ve likely participated in a P2P payment, and understand how helpful P2P payment apps are. Many of the top P2P payment apps offer financial services beyond P2P payments (think: merchant services for SMBs), but we consider a P2P payment app to be any app that offers and is known for having a P2P feature.
Since December 1 2020, cumulative downloads of the top vaccine passport apps have grown to over 10 million globally. This post and the image below will be updated every Monday with new data. The apps above provide digital proof of identity and select health records. The vast majority of countries are not requiring people to be vaccinated for them to visit, which is why uptake has been low. Still, these apps can register COVID-19 test results which the majority of countries will require before entering their borders.
As theaters have started opening back up to the public, the blockbuster movie season is slowly making its way back into audience’s summer traditions. After a year of closures, many wondered if theaters would be able to recover, especially with the recent popularity of streaming services and home premieres. The latest foot traffic data compiled by Advan Research suggests that the blockbuster movie season is back and is possibly on track to reach the heights of past years.
The US operators have misled Americans since 2019 about the capabilities that 5G can offer. Remember AT&T claiming 4G as 5G, with its new logo and icon 5GE. Still today, the US carriers are confusing the public with different names of 5G. For instance, AT&T uses three different nomenclature for 5G, such as 5GE, 5G and 5G plus. The same is the case with Verizon, which has two flavours of 5G, namely 5G Ultrawideband and 5G Nationwide. These are all the marketing tactics to hide US operators' incapability, which still fail to provide fast and seamless 5G like South Korea.
The U.K. food delivery industry exploded during the pandemic. But as the lockdowns ease, which food delivery stock will come out on top? Here we use our Stock Intelligence platform to dive into the key alternative data trends for three of the market’s biggest players, namely Deliveroo (ROO), Uber Eats (UBER) and Just Eat Takeaway (JET). According to Lumina Intelligence, U.K. food delivery grew by £3.7 billion in 2020 to reach £11.4 billion
One of the largest salad chains, Sweetgreen, recently filed for an IPO, which would make it an early player among major salad chains to go public. Sweetgreen’s emphasis on healthy, sustainable food as well as a seamless digital experience has resulted in significant growth over the past several years. With a Sweetgreen IPO on the horizon, consumer transaction data reveals how the company’s sales soared prior to the pandemic and how much of that growth has been driven by the online channel.
Recruitment of veterans is a big value for US employers, many of which invest in large initiatives to hire more from this highly trained and heroic talent pool. This week we explore which companies are leading the pack to employ veterans and which ones are falling behind. Below is a ranking of companies by the share of veterans in their workforce. Among those with the highest shares, we see many security intelligence companies:
In this Placer Bytes, we dive into the shoe sector’s rapid recovery and look at the winners and losers in the crafting space. Like all retailers, the offline shoe market experienced a sharp downturn over the pandemic – but it looks like the sector is bouncing back. Boot Barn in particular has made a swift and impressive recovery, posting positive year-over-two-year growth in monthly visits every month since August – an especially impressive achievement considering the wider situation.
It won’t come as a surprise to know that On-Time Performance (OTP) has improved with the reduction in flights, particularly at the scale of reduction that the aviation industry is currently experiencing. Taxiways are not congested, airports are not operating at capacity, and airspace is currently unconstrained – essentially many markets still remain closed to each other, and people are not yet free to travel without a complicated set of quarantine and testing requirements.
The headline data looks encouraging, another 3.1 million more seats operating than last week, 4.1% growth week-on-week and global capacity now at 78.6 million. For context that is “only” 40 million fewer than the same week in 2019 although some 29 million ahead of the same week last year so that is positive. In line with continued lockdowns and confusion over travel requirements, a further 8 million seats have been removed by airlines for sale during the rest of July and a further 6.7 million for August. The chances of saving the summer for the airline industry have all but disappeared.
Can we expect a rush back to the office as UK restrictions lift on July 19th? In recent weeks Huq has studied the return of the commute through a range of lenses. We have observed the shape of the London rush hour and shown how that has changed. We have carried out a related study showing how workers now favour different days in the office too. Today’s analysis shows how enthusiasm for the office is polarised across London’s commuter belt. Further, we find that the contrasts are particularly stark within counties that comprise it.
Home prices nationwide, including distressed sales, increased year over year by 15.4% in May 2021 compared with May 2020 and increased month over month by 2.3% in May 2021 compared with April 2021 (revisions with public records data are standard, and to ensure accuracy, CoreLogic incorporates the newly released public data to provide updated results). The CoreLogic HPI Forecast indicates that home prices will increase on a month-over-month basis by 0.8% from May 2021 to June 2021, and on a year-over-year basis by 3.4% from May 2021 to May 2022.
While summer travel has not yet been “record-breaking” as some predicted, growth for the U.S. hotel industry has simply been spectacular over the past month. We expect that June will produce more than 110 million room nights sold, the most since October 2019. Room revenues have also been a pleasant surprise and are predicted to be down just 10% from what they were in June 2019. Last week’s results added to the good news with most metrics reaching pandemic-era highs. Occupancy for the week ending 26 June 2021 hit 69.9%, which was the industry’s highest level in 88 weeks.
And that’s a wrap! Amazon Prime Day was another success for the eCommerce giant, check out our exclusive coverage of results first. Shoppers came ready to open up their wallets on Prime Day. Revenue jumped nearly 600% compared to the daily average in the 20 days leading up to the two-day event, an increase that was almost double that of product views (+353%) and unit sales (+365%). To help understand consumer behavior driving this Prime Day performance, we used Shopper Intelligence, our eCommerce Intelligence platform, to break down trends on a category and brand level
Warning signs began to flash this week as national declines in COVID cases slowed, and many states saw cases increase. State with low vaccination rates leading new daily cases Twenty states showed an increase in average daily cases as of July 1. Nevada increased more than 100%, while most others were in the 20-30% range. All but five of these states were below the national average for fully vaccinated individuals, driving concerns that these outbreaks are centered on unvaccinated communities.
According to ATTOM’s recently released Q1 2021 U.S. Home Flipping Report, both the home flipping rate and gross profits declined nationwide in the first quarter of 2021. With home flips representing just 2.7 percent of all home sales in Q1 2021, the home flipping rate fell to the lowest level since 2000. ATTOM’s latest home flipping market analysis found that the gross profit on the typical U.S. home flip declined in Q1 2021 to $63,500, translating into a 37.8 percent ROI compared to the original acquisition price.
In this Placer Bytes, we explore the supplement sector’s brick and mortar recovery and dive into the liquor sector’s enduring expansion. Although brick and mortar health stores took a hit during the pandemic, rising interest in health and wellness led to increased supplement and vitamin use, with many consumers turning to e-commerce channels for their nutritional supplement needs. Now that restrictions have mostly been lifted throughout the United States, we dove into the data to find out – are customers returning to offline chanels for their supplement needs?
In a typical pre-pandemic day, around 492,000 orders were placed on the GrubHub platform. In 2020, GrubHub received roughly 623,000 orders per day. The food delivery boom can be attributed to people avoiding grocery stores and restaurants, as well as efforts by brick-and-mortar restaurants and retailers to provide safe, contactless options during the pandemic. Food delivery services DoorDash, GrubHub, and Instacart have spent more on digital advertising than before lockdowns were in place, so let’s compare their ad spend since 2020 and where their peak spends lie.
