By now you’ve seen plenty of reports about record-breaking online sales during the post-Thanksgiving Black Friday-to-Cyber-Monday period. But you might still be surprised that Facebook and Facebook-owned Instagram drove 94% of all social traffic to retail sites. So says a report from Salesforce drawing from data captured in its systems. What, you thought Salesforce couldn’t see its client data? Don’t be silly.
For no obvious reason, today brings three investments in collaboration systems. Start with purchase of a majority share in work management platform Wrike by Vista Equity Partners. Vista – or VEP to its friends – has bought quite a few well known martech companies, including Marketo, Xactly, and Cvent.
More turmoil: Alliance Data announced it is seeking “strategic alternatives”, including a sale, for its $2.2 billion Epsilon marketing and data subsidiary. Alliance Data is approaching $8 billion revenue with a market cap of $10.6 billion or 1.3x revenue.
Procrastinators of the world can throw a party whenever they get around to it: Google has once more pushed back complete third-party cookie deprecation. The new target is “early next year.” Reasons for the delay include concerns expressed by U.K. data regulator Information Commissioner’s Office, an ongoing inquiry by the U.K. Competition and Markets Authority, and widespread discontent in the advertising ecosystem.