ANNAPOLIS, Md., Sept. 9, 2020 /PRNewswire/ — Deep Water Point (DWP) announced today the establishment of a regional office in Tampa, Florida. Howard Seeger, Deep Water Point’s Managing Partner, said, “Our business across the federal market has grown significantly over the past few years and we have seen quite a bit of activity in the Central Florida region – particularly at US Special Operations Command (USSOCOM). Our expertise in the USSOCOM mission has been significantly enhanced now that the former US Army Special Operations Command (USASOC) Commanding General, the former SOCOM J6/CIO, and several other experts have joined our team. Our presence in the area makes sense given the strength and expertise of our team. While our initial focus will be at USSOCOM, we are also seeing local demand for other expertise we provide to product and services companies such as business development, operations, capture, executive advisory,
Mastercard Inc. MA has expanded its partnership with fintech company Jifiti to continue providing point of sale (POS) financing. The agreement allows both merchants and issuers to offer credit and consumer financing to Mastercard holders.
POS financing is a kind of buy-now-pay-later (BNPL) facility. BNPL space as a huge market opportunity and is likely grow further. Per the company’s research, nearly three-fourth consumers interested in installments prefer the feature to be added to their existing card. Also, three of four Americans who tried the installment plans for the first time during the pandemic intend to continue doing so after the coronavirus dies down. This reflects customers’ growing desire for such solutions.
Given that e-commerce gathered much steam after the COVID-19 outbreak, buyers resorted to online buying. They are also demanding financing support as most of them are facing financial constraints from job losses, low earning from business, etc. This staggered
Amazon continues to thrive and benefit from the COVID-19 pandemic because of the high demand for groceries and essentials. Since the coronavirus outbreak, Amazon has seen strong financial results and an overall boost in sales and advertising.
Analysts at Jefferies reiterated their Buy rating on shares of Amazon on Wednesday, with a price target of $3,800. The analysts now value Amazon’s advertising business at $350B which is up from their previous value estimate of $300B for the segment.
The analysts are expecting increased Consumer Packaged Goods (CPG) spending to be a key long-term driver for Amazon’s advertising revenues, and raised their annual sales growth estimates by 2% in 2021 and beyond. Also, the analysts estimate a combined $1T CPG advertising opportunity for AMZN, consisting of $800 billion in trade spending, and 200 billion in advertising.
“According to our survey, 40%/60% of U.S. online shoppers purchased more groceries/essentials on AMZN during
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