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Sep 19, 2025 | E-Commerce

Being an established website hosting provider, Shopify is used worldwide by e-commerce companies from different sectors. As of September 2025, fashion merchants ranked as the biggest users of Shopify services, with nearly 770,000 apparel online stores built on Shopify’s e-commerce platforms. Home and garden was the second-most popular category on Shopify, with roughly 324,000 stores.

Big competitors

Shopify competes with other hosting providers like WooCommerce. A comparison between the two indicated that WooCommerce has a strong overall presence, but it is used less among the top 10,000 and 100,000 most visited sites worldwide. With payment technologies embedded in the online stores, Shopify accounts for nearly 14 percent of the worldwide market of online payment processing technologies, ranking third after PayPal and Stripe.

Latest Shopify services

In August 2023, Shopify announced a new checkout service for online merchants who are already selling on Amazon. Rather than excluding or penalizing their additional sale channel, Shopify gave merchants the chance to offer the ‘Buy with Prime’ service, while still processing shoppers’ transactions. This might push the growth of Shopify Payment, the proprietary checkout technology of the company.

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Sep 19, 2025 | Payments

The number of German websites that offered PayPal as a payment method was relatively higher than those from other countries up to 2025. This is according to estimates based on website tracking and the technologies used within them, focusing solely on payment acceptance and payment processing. While nearly two million U.S. websites are projected to offer PayPal as a payment method, they comprise about 15 percent of websites in that country. This roughly matches the PayPal adoption by country worldwide, with Germany using PayPal relatively much more frequently than the United States.

E-commerce and growing cross-border payments

International payments are expected to grow in the coming years. Indeed, commercial-based cross-border payments in North America grew at a higher rate than the consumer-led transactions in North America between 2022 and 2023. However, the highest global growth after 2023 is expected in C2B cross-border due to increasing online shopping and international travel. Global cross-border e-commerce is forecast to reach nearly eight trillion U.S. dollars by 2030.

What is PayPal's role in cross-border payments?

PayPal itself only reports cross-border transactions made between two PayPal accounts in different countries and includes transactions initiated through Xoom. When it comes to e-commerce, over one third of U.S. cross-border shoppers used PayPal to pay for online purchases abroad. United States consumers were most likely to do online shopping in China, the United Kingdom, or Japan.

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Sep 22, 2025 | Apps

In August 2025, ChatGPT was top-grossing iPhone app in the Apple App Store worldwide, generating roughly 25 million U.S. dollars. 

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Sep 24, 2025 | Employment

In June 2025, about 33.7 percent of college graduates were underemployed in the United States. This number has remained relatively constant since throughout the last years. 

The Federal Reserve Bank of New York defines underemployment as "working in a job that typically does not require a bachelor’s degree".

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Sep 19, 2025 | Demographics

In 2024, about 1.4 million veterans were living in Texas - the most out of any state. Florida, California, North Carolina, and Georgia rounded out the top five states with the highest veteran population in that year.

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Sep 20, 2025 | Business Enterprise

According to preliminary figures, cumulative foreign direct investment (FDI) inflows to China from January to August 2025 amounted to approximately 506.58 billion yuan. This was 12.7 percent less than in the same period of the previous year. According to revised annual figures, total FDI flows to China reached around 189.1 billion U.S. dollars in 2023.

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Sep 23, 2025 | Employment

Among European Union countries in July 2025, Spain had the highest unemployment rate at 10.4 percent, followed by Finland at 10 percent. By contrast, Malta has the lowest unemployment rate in Europe, at 2.6 percent. The overall rate of unemployment in the European Union was 5.9 percent in the same month - a historical low-point for unemployment in the EU, which had been at over 10 percent for much of the 2010s.

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Sep 22, 2025 | Media

Brazil's media and publishing landscape is dominated by a few key players, with Globo Comunicação e Participações S.A. leading the pack. In 2024, Globo generated over 16 billion Brazilian reals in revenue, dwarfing its closest competitor, Record, which earned 3.5 billion reals. This stark contrast highlights the immense influence Globo wields in the Brazilian media market.

Revenue growth and profitability

Globo's revenue saw a modest increase of 0.1 percent from 2022 to 2023, reaching 15.13 billion reals. However, the company's net profit for 2023 was 840 million reals, significantly lower than its peak of 3.1 billion reals in 2015. This suggests that while Globo maintains its market dominance, it faces challenges in maintaining profitability. Meanwhile, a publishing entity within Grupo Globo - Editora Globo, reported a more substantial revenue growth of 15 percent year-over-year, reaching 945 million reals in 2023. 

Industry growth and employment

The Brazilian media, information technology, and telecommunications sectors have experienced significant growth in recent years. In 2022, the number of companies in these sectors increased by 64 percent to over 315,000. This expansion was accompanied by a 19-percent rise in employment, with approximately 1.61 million people working in these industries. This growth indicates a vibrant and expanding media landscape in Brazil, despite the dominance of a few large players.

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Sep 19, 2025 | Electricity

Coal is by far the most common source for electricity production in South Africa. In 2024, the fossil fuel accounted for 83.03 percent of total electricity generation. Solar thermal and solar photovoltaic generation made up the second largest share, but by a wide margin at 7.97 percent.

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Sep 24, 2025 | Aviation

In the year ending June 2024, a total of 25.14 million passengers arrived at or departed from Sydney airport in Australia. In the same year, there were 24.15 million passengers passing through Melbourne airport.

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