Online Grocery Sales Neared $100B in 2021

Online Grocery Sales Neared $100B in 2021

Total online grocery sales were $97.7 billion in 2021, according to a report from analytics firm Brick Meets Click. Total sales were spurred on by a strong showing in December when online sales neared $9 billion. Online grew its share of the market two points during...
TikTok to Monetize Viral Content Through VR Partnership

TikTok to Monetize Viral Content Through VR Partnership

Popular social media company TikTok found a new way to monetize viral content on its platform: virtual restaurants. The company is partnering with Virtual Dining Concepts to launch 300 “TikTok Kitchen” by March 2022, with plans to open 1,000 locations by the end of...