Core Insights - CleverTap has been recognized as a Leader in Gartner's 2026 Magic Quadrant for Personalization Engines, highlighting its progress in customer engagement and personalization [1][4]. Company Overview - CleverTap is an AI-first, all-in-one customer engagement and retention platform that helps brands build lasting customer relationships through data [7]. - The platform integrates AI-powered segmentation, personalization, experimentation, journey orchestration, and deep analytics, working seamlessly with over 100 leading martech solutions [7]. Technology and Innovation - The company's hyper-personalization approach utilizes CleverAI™, which enables 1:1 engagement at scale and interprets customer intent to deliver the right message at the right time [2][3]. - CleverAI™ is designed for autonomous real-time orchestration, optimizing customer experiences throughout the customer lifecycle [3]. Market Impact - Brands using CleverTap's solutions have reported up to a 35% increase in conversion rates across various industries, including financial services, retail, and telecom [2]. - The company continues to innovate and execute its product roadmap, aiming to revolutionize the customer engagement industry [5]. Clientele and Global Presence - CleverTap serves a diverse range of leading brands such as TD Bank, Burger King, Paytm, and Vodafone, demonstrating its capability to drive measurable growth through effective customer engagement [8]. - The company has a global presence with backing from investors like Accel and Tiger Global, operating across regions including the US, Europe, and Asia [8].

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, Amazon Music, YouTube or wherever you find your favorite podcasts. In the world of high-stakes investing, the "next big thing" may look less like a chatbot and more like a Labubu (9992.HK) doll. "It really is just supply and demand," Josh Luber, co-founder of StockX and founder of Ghostwrite, told Yahoo Finance Executive Editor Brian Sozzi on the Opening Bid Unfiltered podcast (see the video above; listen below). "The demand half of the equat ...

All right, welcome to a new episode of the opening bid unfiltered podcast. I'm Yahoo Finance executive editor Brian Sazi and I'm really jazzed up about this episode. I most of you don't know this.I'm a little bit of a uh a collectible fan. Uh I try to collect what I can. I'm probably not collecting the right things.That's why I'm bringing my uh featured guest for this episode, Ghostright founder and CEO Josh Luber, who also co-founded StockX. And Josh um this is one of my most prized collectibles. Now, this ...

Investment Rating - The report does not explicitly provide an investment rating for the apparel industry Core Insights - The luxury jewelry market is seeing a rise in interest from high-net-worth individuals towards traditional gold jewelry, which has significantly higher sales per store compared to established luxury brands like Cartier and Van Cleef & Arpels, achieving a gross margin of 40% [1] - The second-hand luxury market and emerging local brands are putting pressure on affordable luxury brands, which are experiencing declining sales, although some brands like Coach and Ralph Lauren are showing signs of recovery through product innovation and marketing adjustments [4] - The domestic sportswear market is undergoing a transformation with local brands capturing 60% of the global market share, led by Anta and Li Ning, which are focusing on technological advancements and channel optimization to build competitive barriers [4] - The demand for affordable down jackets is surging among middle-class consumers, leading to a decline in sales for high-end brands, which are struggling with high pricing and quality concerns [5][7] - The outdoor gear market is evolving with the popularity of trail running, leading to increased interest in trail backpacks, which are expected to see significant market growth by 2030 [8] Industry Environment - The luxury jewelry market is being disrupted by traditional gold jewelry brands that are attracting high-net-worth consumers, leading to a shift in customer traffic away from established luxury brands [1] - The affordable luxury segment is facing challenges due to tightening consumer spending, with brands like Michael Kors and Coach reporting significant revenue declines in Asia, although some are beginning to recover [4] - The domestic sportswear market is witnessing a major shift with local brands like Anta and Li Ning leading in revenue and brand value, while international brands are experiencing slower growth [4] - The affordable down jacket market is thriving as consumers prioritize value, leading to a stark contrast in sales performance between high-end and budget brands [5][7] - The trail running trend is driving demand for specialized outdoor gear, particularly trail backpacks, which are becoming essential for outdoor enthusiasts [8] Top Brand News - Pop Mart's Labubu toy line experienced a significant market crash after initial success, highlighting the volatility of collectible markets [10] - Li Ning showcased its Honor Gold Label series at Milan Fashion Week, emphasizing a blend of high-quality design and sports technology [11] - Deckers Brands announced the closure of two niche brands to focus on more profitable core brands like Hoka and UGG [14] - Aokang held an AI fashion show to innovate marketing strategies in the footwear industry, showcasing a digital transformation approach [16]

Right. That is true trivia. >> Yeah.>> Uh trading cards and other collect other collectibles are a hot gift for the holidays. There's some new data on this growing market and Courtney Reagan has it. She joins us live with more on this.Courtney, I have to say I know it's about the only thing at least on my son's Christmas wish list. Same thing for my son Becky. That's sort of what got me hot on this story a couple months ago.In fact, I'm at Bleecker Trading in New York City. While the store is quiet now, it' ...

Core Insights - Kalshi's valuation has reached $11 billion, making co-founder Luana Lopes Lara the youngest self-made female billionaire globally, surpassing Lucy Guo [2][5]. Company Overview - Kalshi is a prediction market company co-founded by Luana Lopes Lara and Tarek Mansour, allowing users to bet on outcomes of future events such as elections and sports [5][8]. - The company completed a $1 billion funding round led by Paradigm, with participation from Sequoia Capital, Andreessen Horowitz, and Y Combinator, significantly increasing its valuation from $2 billion in June to $11 billion [5][7]. Growth and Market Potential - Since July, Kalshi's nominal trading volume has surged eightfold, reaching $5.8 billion by November [7]. - The company aims to create a new asset class and financial product, having received federal approval to operate as a designated contract market [7][10]. Regulatory Challenges - Kalshi faced significant regulatory hurdles, requiring federal approval to operate legally, which they achieved in November 2020 after a lengthy process [9][10]. - Despite initial skepticism about their ability to maintain growth post-election, Kalshi has sustained a weekly trading volume exceeding $1 billion, with over 90% of trades coming from sports contracts [13][14]. Future Prospects - Kalshi has integrated with major brokerage platforms like Robinhood and Webull, and is expanding into the cryptocurrency space through partnerships [13]. - The company is also facing regulatory scrutiny from various states regarding its sports contract trading, but investor confidence remains high due to the founders' track record [14].

KALSHI SECURES $1B FUNDING AT $11B VALUATION: DETAILS…- Prediction market platform Kalshi has closed a $1 billion funding round, valuing the company at $11 billion, per Bloomberg.- The round was led by Sequoia Capital and CapitalG, with participation from Andreessen Horowitz, Paradigm, Anthos Capital, and Neo.- This latest raise comes just a month after Kalshi announced a $300M round at a $5B valuation.Prediction Markets Go Mainstream- Kalshi allows users in over 140 countries to trade on events ranging fro ...

Core Insights - Kalshi has partnered with StockX to create "event contracts" that allow users to predict resale prices of items like sneakers and collectibles [3] - The growth of the secondary market for trendy items has been significant, with products like the Labubu doll seeing prices soar from 99 RMB to thousands, boosting the market value of its parent company Pop Mart [3] - Kalshi aims to expand into new markets with high liquidity and trading volume, potentially legitimizing the prediction trading industry [4] Company Developments - Kalshi plans to introduce prediction contracts for popular items such as Jordan sneakers and Supreme hoodies, as well as for the best-selling brands during the Black Friday shopping event [3] - StockX's CEO views this market as a natural evolution of stock market mechanisms, indicating a shift in how collectibles are traded [3] - Coinbase is reportedly developing an independent prediction market platform that may utilize Kalshi's infrastructure, indicating growing interest in this sector [5] Market Trends - The secondary market for limited edition sneakers from brands like Nike and Adidas, as well as Pokémon trading cards, has shown similar trends of price appreciation, making derivative trading on these items potentially profitable [3] - The prediction industry is gaining traction, with Kalshi having received approval from the U.S. Commodity Futures Trading Commission to engage in prediction trading, including for events like U.S. elections [4]

Core Insights - Kalshi is expanding its business from political elections and sports events to the consumer goods sector, indicating a shift towards mainstream acceptance in the prediction market industry [1] - The company has partnered with StockX to launch event contracts based on resale prices of popular sneakers, trading cards, and collectible toys, allowing users to bet on whether certain products will exceed specific price thresholds [1][2] - This new business category targets the growing alternative asset market, including limited edition sneakers and trendy collectibles, which often resell for multiples of their retail prices [1][3] Event Contracts Covering Diverse Consumer Goods - Under the partnership, Kalshi will utilize StockX's data to create event contracts covering sneakers, trading cards, and collectibles, starting with high-demand products from major brands [2] - Initial contracts will include anticipated releases like Jordan sneakers, Supreme hoodies, and Labubu blind boxes, with trading on average resale prices beginning in November and December [2] - StockX's CEO highlighted this development as a natural evolution of a platform built on stock market mechanisms [2] Targeting the "Everything Exchange" Goal - Kalshi aims to create a "marketplace for everything," focusing on deep, liquid, and high-volume markets, aligning with the recent growth trends in alternative asset categories [3] - The expansion into sneakers and collectibles reflects the increasing interest in these markets, where resale prices can significantly exceed retail prices [3] Regulatory Uncertainty Persists - Despite the progress towards mainstream acceptance, the prediction market industry operates in a gray area between financial trading and gambling, facing regulatory uncertainties [4] - Kalshi's previous legal victory against U.S. regulators has led to explosive growth in the industry, with Kalshi and competitors like Polymarket Exchange actively seeking funding for expansion [4]

Prediction market Kalshi and sneaker marketplace StockX are offering a new way to bet on the resale prices of in-demand sneakers and collectibles such as Labubus and Pokémon cards. https://t.co/iRbuIB4p8H ...