A great potential seen for retailers to invest in mobile apps; increase the sales by reaching to  shoppers in a personalized way

NEW DELHI, March 6, 2018 ——Criteo, the leading commerce marketing technology company, today debuted findings from its Global Commerce Review, analyzing shoppers’ activities, behaviors and preferences across all devices and browsing environments. The report, which highlights a growing importance of mobile apps among shoppers, reinforces the “mobile-first” mindset, and will help inform omnichannel commerce marketing strategies worldwide. Another key finding includes the relevant touchpoints for a shopper’s journey.

Expressing his views on the findings of the research, Siddharth Dabhade, General Manager, Criteo India said, “With increase in smartphone usage, app adoption and mobile browsing is the largest media consumption for Indian consumers.  And with this, an interesting omnichannel shopping pattern has also emerged.  He further added, “Our latest study also illustrates this, where smartphones are seen contributing to nearly fifty percent of the total online transactions in India. It is the perfect time for brands and retailers to leverage the rise of mobile-commerce in India and invest in mobile apps and mobile advertising, to effectively connect with shoppers to yield greatest possible commerce results”

Research Highlights:

Mobile Growth

Mobile web usage has reached a maturity point, but shoppers rarely stay in one place for long, moving in and out of walled gardens, and are still buying on-the-go, with varying levels of frequency, on all connected devices. Also with rise in the mobile usage, the frequency of the shopper engagement is also increasing.

• In India, smartphones contributes 45% of total transactions (App excluded).
• Smartphone usage has been increasing at 6% since Q4 2016, showing that smartphones continue to be the most preferred environment.

Omnichannel Matters

The omnichannel strategies help educate shoppers during their winding journey, which in turn drives positive online results.

• Global omnichannel customers offer the highest lifetime value to brands and retailers, generating 27 percent of all sales, despite representing only 7 percent of all customers.
• Globally, retailers that are successful in combining offline and online data are able to apply more than four times (4X) as much sales data to improve marketing efforts.

App Opportunity

App has now become a crucial touchpoint for a shopper’s journey. Owing to this fact, apps are presenting a huge opportunity in terms of reaching out to the mobile first shoppers. In order to better connect with these mobile-first shoppers, enhance mobile shopper engagement and get substantial sales, retailers and brands need to invest in mobile app optimization and build a targeted marketing strategy.

• Conversion rates are 5 times higher on app, about 20% then on mobile web, which is 4%, in the Asia-Pacific region.
• Globally, advertisers saw nearly a 50 percent year-over-year increase of in-app transactions, climbing to 46 percent in the fourth quarter of 2017.

Shopping Moments

Consumers continue to trade desktop for mobile, and back again, depending on the time and day they are shopping online.

• Retailers looking to target the busy working customer cannot ignore the dominance of desktop during business hours, especially between 9 a.m. – noon.
• Alternatively, optimizing for smartphone and tablet targeting remains critical in the evenings and throughout the weekend.

Cross Device Data

Cross-device data combinations can help retailers make up lost ground from lower shares of mobile sales. It also helps in revealing where the shopper will go based on where their journey began.

• In India, 25% of post click sales are preceded by a click on another device.

Combining cross-device data to better understand and target shopper intent allows marketers to capture higher-value shoppers. This trend is apparent in Travel & Retail category.

About Criteo

Criteo (NASDAQ: CRTO) the leader in commerce marketing, is building the highest performing and open commerce marketing ecosystem to drive profits and sales for retailers and brands. 2,800 Criteo team members partner with over 18,000 customers and thousands of publishers across the globe to deliver performance at scale by connecting shoppers to the things they need and love. Designed for commerce, Criteo Commerce Marketing Ecosystem sees over $600 billion in annual commerce sales data. For more information, please visit www.criteo.com.

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Manila, 8 December 2016 – The Commission on Human Rights of the Philippines (CHR) today initiated the next steps in the world’s first-ever national investigation into human rights harms resulting from climate change (1), despite apparent opposition from some fossil fuel companies.

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Record $5.5 Billion Raised by Residential and Commercial Solar Funds, VC Funding Tops $1 Billion

KOLKATA – Jan 11, 2016 – Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in 2015.

Total global corporate funding in the solar sector, including venture capital/private equity (VC), debt financing, and public market financing, raised by public companies came to $25.3 billion, compared to $26.5 billion in 2014.

Raj Prabhu, CEO of Mercom Capital Group, commented, “Overall it was a good year for the solar sector considering the turbulence in the stock markets and trouble with yieldcos in the 2^nd half of the year. The extension of the Investment Tax Credit (ITC) was a much needed boost for the sector, paving the way for a strong 2016.”

Global VC investments came to $1.1 billion in 83 deals in 2015, compared to $1.3 billion in 85 deals in 2014.

Solar downstream companies accounted for 69 percent of the VC funding in 2015, with $727 million of the $1 billion raised. Investments in PV technology companies came to $173 million and Balance of Systems (BoS) companies raised $87 million. Thin-film companies brought in $44 million, Service Providers raised $15 million, and the CPV and CSP categories each raised $3 million. Over $100 million in VC funding went to companies focused on off-grid markets in Africa, India, and South Asia.

Among the Top 5 VC deals in 2015, the largest was the $300 million raised by Sunnova Energy, followed by the $105 million raised by Silicor Materials. Sunlight Financial raised $80 million and Sungevity raised $50 million. Completing the Top 5 was Conergy, which raised $45 million.

There were 109 active investors in 2015 with 14 involved in multiple rounds. The 14 were DBL Partners, Infuse Ventures, Bamboo Finance, Clean Energy Venture Group, DOEN Foundation, ENGIE Rassembleurs d’Energies, Hudson Clean Energy Partners, International Finance Corporation, Kohli Ventures, Longwall Venture Partners, MTI Partners, Parkwalk, Tenaska and University of Oxford.

Despite a weak fourth quarter, public market financing had its strongest year with almost $6 billion raised in 38 deals, compared to the 2014 record of $5.2 billion in 52 deals. There were seven IPOs bringing in a total of more than $1.8 billion including Sunrun, Xinte Energy, CHORUS Clean Energy, SolarEdge Technologies and Grenergy Renovables. Yieldcos raised $1.1 billion in two IPOs, TerraForm Global Yieldco and 8point3 Energy Partners.

Debt financing in 2015 totaled $18.3 billion, slightly down compared to $20 billion in 2014. More than half of the debt funding raised came from China, $10.9 billion in 33 deals. There were four securitization deals in 2015, totaling $335 million, by Solar City, SunRun, BBOXX and AES.

Announced large-scale project funding in 2015 exceeded $11.6 billion in 124 deals this year, compared to 2014 in which $14.2 billion was raised in 144 deals. A total of 145 investors funded about 6.6 GW of large-scale solar projects this year.

Top investors were Santander with 12 projects, Rabobank with nine projects and CIT Bank, Credit Agricole and KeyBank with six projects each.

It was a record year for dollars raised in residential and commercial solar project funds in 2015 with 23 funds announced for a combined total of $5.5 billion, compared to the $4 billion raised in 34 funds in 2014. SolarCity, Sungevity, Onyx Renewable Partners, Sunlight Financial, Brite Energy and Kilowatt Financial were top fundraisers in 2015.

“With the ITC extension, we predict third-party owned financing companies will continue to raise residential and commercial funds in large numbers,” commented Prabhu. Since 2009, third-party owned financing firms offering lease, PPA and loans have raised more than $17 billion.

Corporate M&A transactions in the solar sector in 2015 came to more than $3 billion in 80 transactions, compared to 116 transactions in 2014 for over $4 billion. Solar downstream companies had the greatest number of acquisitions with 49 transactions. SPI Solar acquired four companies and Global EcoPower acquired three companies. The largest disclosed transaction was the $1 billion acquisition of an 80 percent stake in Gestamp Asetym Solar from Gestamp Renewables by KKR, an investment firm.

There were a record 204 large-scale solar project acquisitions for over 12.7 GW, double that of 2014 where 6.4 GW changed hands in 163 transactions. Spurred by yieldcos, 2015 has been by far the best year for solar project acquisitions.

Mercom also tracked 373 large-scale project announcements worldwide in Q4 2015 totaling 12 GW and 1,118 project announcements totaling 41.1 GW for 2015 in various stages of development globally.

To learn more about the report, visit: http://store.mercom.mercomcapital.com/product/q4-2015-solar-funding-and-ma-report/

About Mercom Capital Group

Mercom Capital Group, llc, is a global communications and consulting firm focused exclusively on clean energy and financial communications. Mercom’s consulting division advises cleantech companies on new market entry, custom market intelligence and overall strategic decision making. Mercom’s consulting division also delivers highly respected industry market intelligence reports covering Solar Energy, Wind Energy and Smart Grid. Our reports provide timely industry happenings and ahead-of-the-curve analysis specifically for C-level decision making. Mercom’s communications division helps clean energy companies and financial institutions build powerful relationships with media, analysts, government decision makers, local communities and strategic partners. For more information about Mercom Capital Group, visit: http://www.mercomcapital.com. To get a copy of Mercom’s popular market intelligence reports, visit: http://mercomcapital.com/market_intelligence.php.

# # #

Notable Indian Transactions in Q4 2015:

VC Funding:

• Zynergy, a vertically integrated full service solar company, raised $5 million in a first tranche of funding from Kohli Ventures, for establishing a new manufacturing unit in Tirunelveli, Chennai, India.

Debt Funding:

• Welspun Renewables, a renewable energy project developer, received $405 million in debt financing and a $47 million line of credit.
• Simpa Energy India, a solar systems installer, received a $6 million loan administered by the Asian Development Bank from the Clean Technology Fund to help expand its off-grid solar home system service to underserved markets in rural India.

Public Market Financing:

• Welspun Renewables raised $165 million through equity financing.

Project Funding:

ACME Cleantech Solutions, a flagship company of Acme Group, raised a combined $145.5 million from SBI Capital Markets, India Infrastructure Finance and PFC Green Energy in five separate deals in Q4 2015:

• An $18.2 million loan for its 20 MW solar project in rural Kurnool District, Andhra Pradesh through its special purpose vehicle (SPV), Niranjana Solar Energy.
• A $27.3 million loan for its 20 MW solar project in rural Kurnool District, Andhra Pradesh through its SPV, Vishwatma Solar Energy.
• A $36.3 million loan for its 40 MW solar project in rural Chittoor District, Andhra Pradesh through its SPV, Dayanidhi Solar Power.
• A $45.5 million loan for its 50 MW solar project in rural Anantapur District, Andhra Pradesh through its SPV, Aarohi Solar.
• An $18.2 million loan for its 20 MW solar project in rural Anantapur District, Andhra Pradesh through its SPV, Acme Jaisalmer Solar Power.

Project Acquisition:

• TerraForm Global, a yieldco subsidiary of SunEdison formed to own and operate contracted clean power generation assets in emerging markets, acquired projects totaling 425 MW located in India from SunEdison for $231 million.

New Large-Scale Project Announcements:

• Mercom also tracked 56 large-scale project announcements in Q4 2015 totaling 1.9 GW in India.

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DUBAI-BASED PR AND EVENT MANAGEMENT AGENCIES FORM STRATEGIC ALLIANCE

 Total and Custard sign MOU to work as preferred partners

Dubai, UAE 31 May, 2015: Total Communications, the Dubai-based PR agency which marks its 25^th anniversary later this year, has formed a strategic partnership with Custard Communications, one of the UAE’s most dynamic event management specialists.

The two companies have signed a Memorandum of Understanding for the purpose of cooperation and collaboration on new business development, and will work together as preferred partners within the PR and events management industries.

“We’ve formed the partnership because both agencies are often asked by clients to provide services outside our normal scope of work,” said Total Communications Founder and CEO, Tony Lewis.

“We’re very happy to have joined forces with an agency which has a reputation for delivering highest quality end-to-end solutions with a positive and transparent approach. This is in line with the way we operate, and it’s also what is demanded as a priority by our clients, and by most potential new business partners.”

Custard Communications, which is also headquartered in Dubai, was established in 2010 by co-founders Nicola Holmes and Lesley Fair and, like Total, has serviced clients throughout the GCC and wider Middle East region.

“We felt this was the right time to partner with a specialist PR agency which can offer the level of service our clients have come to expect from us,” said Holmes.

Fair added: “The main aims of the agreement are to generate new business opportunities for each other and, in the process, ensure that our clients are able to meet all their objectives in events management and PR.”

A founding member of the Middle East Public Relations Association, Total Communications was set up in August 1990 and its first PR project was to launch the Dubai Creek Golf Club on behalf of the government of Dubai.

Current clients include Al Nabooda Automobiles (Porsche, Audi, Volkswagen), the Automobile and Touring Club of the UAE, Informa, organiser of business events including Cityscape Abu Dhabi and Cityscape Global, and Dubai World Trade Centre.

A board member of the International Special Events Society, Custard Communications has worked with over 80 clients to deliver more than 160 projects across the GCC including Majid Al Futtaim, Unilever, Landmark Group, DIFC and Standard Chartered.

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We hardcore drunkards have this love-hate relationship with the Elections. Ever notice how the very first thing they do once the Elections are declared is to put a blanket ban on booze? Just because a bunch of politicians who feed on bribes and quench their thirst by sucking the blood of the poor will do their item number for democracy, you, God fearing, Taxpaying, wife abused gentleman will have to do with all your watering holes going dry for unbearably long periods of time! Viva la democracia!

Does anybody give a damn as to what it means to us lovers of the firewater? What if you are a daily wage earner and buy your quota of ambrosia every day?  Where will you get the money to stock up for the medieval siege? What about those of us drunkards who are forced to embrace the “Gujarat Model” – that of buying your booze in the parallel, Black Market, like they do so nonchalantly in the Mahatma’s home state? Imagine making a trip to the seamy underbelly of the society for the sake of your tipple and being “forced” to buy “appeasement” from the same people you are used to politically castigating in your full rightist indignation. Are our politicians educated enough to even understand the economic ramifications of forcing us “Right, honourable drunkards” into the arms of the “Invisible Hand” as postulated by no other than Adam Smith? Or for that matter, the sheer ignominy of being subjected to the “Manifesto of a Drunkard’s Wife” on a daily basis at home, just because you have no wet island of sanity to escape to and because of all the stock you have piled up?

The hypocrisy is mindless in its infantile stupidity. The rich will be sipping their Duty Free elixirs on the rocks. The poor will be forced to guzzle the country made stuff as all political parties will try and flood them in an effort to buy their inebriated loyalties. The stench of hooch will become all pervading, as pumped with political patronage, the free loaders will increase the pitch of their political ignorance forcing your wife to screw her nose in disgust and giving you that knowing look, mention how the spirits bring out the beast in men.

Just imagine: the top five percent who spend the most on alcohol and the bottom five percent who consume the maximum will raise their toast in some perverted dance of democracy to the rest: the overwhelming, albeit “silent” majority of simple, tipple loving men like us. If that is not pseudo alcoholism, what is? Raising your glass of “nimboo-pani” in a toast to the teetotaler?

And then, there are the politicians. They do sober, what very few of us drunkards even dare do drunk. Ever notice, how they hide their glasses by wrapping napkins around them? Now, that is the sure sign of an oxymoron, like a virgin on Viagra, a cheat, a sham, an affront to the spirits of our forefathers, of drunkards past. At least, we drunkards wake up sober, them politicians? They still look ugly in the morning.

First, they get the booze flowing. Then they fill our hearts and sozzled heads with their hatred fueled by vested interests. Then they wring their hands in glee as we drunken moneys do our Kung-fu acts only to put on their masks of self-righteousness when the Cops arrive, playing to the galleries, requesting that the “drunkards are packed off”. If it took fortunes to keep Gandhi poor, imagine the price we are still paying to keep him sober! And yes, in case you still have any doubts, the politicians have taken a lot more out of alcohol, than what alcohol has taken out of them! Yes, we drunkards do occasionally pass out and roll on the floor in total, oblivious bliss. But these politicians have only one agenda – to ensure every single one is floored, with or without the intoxication – bliss be damned.

“Man” said Lord Byron, “being reasonable, must get drunk; the best of life is but intoxication.” That is why I must sound this clarion call to all right thinking lovers of alcohol. “We have nothing to lose but our chains and the whole new world (of inebriation) to win”. Friends, we must put our glasses down with all the firmness (so as not to spill the drinks) and voice our protest in opposition to this conspiracy against alcoholism. The politicians have been “using” us for their selfish gains for ages and we must not allow that to be perpetrated ad-vomitum. Every lover of alcohol worth his two fingers must unite for the greater cause of world inebriation, global peace, sustainable drinking, equal opportunity and corporate social drinkability.

Remember, when we drink, we get drunk. When we get drunk, we go to sleep. When we go to sleep, we commit no sin. When we commit no sin, we go to Heaven. So cast your vote and prepare for the onward heavenly journey. Politics and politicians be damned!

You can follow Chawm Ganguly on Twitter: https://twitter.com/CharmChawm

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• Circular economy seeks to reconcile growth and economic participation with environmental prudence and equity
• Progressive companies move from responding to environmental activists to building new business models
• The theme of the 44th World Economic Forum Annual Meeting is The Reshaping of the World: Consequences for Society, Politics and Business
• For more information, visit http://wef.ch/Davos

Davos-Klosters, Switzerland, 25 January 2014 – Progressive companies and forward-looking governments are shifting their attention from old-style sustainability – a linear concept that goes from take and use to dispose – towards a “circular” approach. This “circular” approach effectively decouples growth from rising resource constraints in a world that will add 3 billion middle-class consumers over the next 15 years, participants at the 44th World Economic Forum Annual Meeting were told.

Speaking at a session, From Waste to Wealth, Ellen MacArthur, Founder, Ellen MacArthur Foundation, United Kingdom, said: “The circular economy opens up ways to reconcile the outlook for growth and economic participation with that of environmental prudence and equity. It is inspiring CEOs, politicians, engineers, designers and the next generation of leaders,” she said.

Leading global companies are already building the concept of the circular economy into the way they do business. It is helping them to drive innovation across product design, to develop product-to-service approaches and to test new ways of recovering materials from redundant products such as old mobile phones. Heineken, for example, is now pursuing circular practices across its whole value chain.

“We started out on this journey responding to pressures from environmental groups, but we soon learned that it makes sense to think holistically about everything we do, from treating the water we use and conserving energy to composting yeast and recycling bottles and aluminium cans,” Jean-François van Boxmeer, Heineken’s Chairman of the Executive Board and Chief Executive Officer, said.

The Netherlands, which has half its surface area under sea-level and a population that is aware of the importance of respecting nature, has embraced the approach. China, too, is a leader and has adopted the circular approach in its latest five-year plan.

Another Dutch company, Royal Philips, has moved rapidly from dealing with hazardous materials and conserving energy to a circular approach that Frans van Houten, President and Chief Executive Officer, credits with a number of breakthroughs. “We are a major producer of LED lights, but when we introduced this energy-efficient technology, municipal customers railed against the additional cost for lighting their streets. Our response was to offer them lighting services rather than selling them bulbs, allowing them to take advantage of energy savings without having to pay higher upfront costs,” he said.

Circular manufacturing has huge economic potential. The European market for fast-moving consumer goods totals €3.2 trillion a year, of which 20% could be recuperated through smart circular practices, MacArthur said. With early adopters moving ahead, how can we accelerate these processes?

“We need to shift our thinking away from the idea of consumption and eliminate the whole idea of waste. This means thinking about meeting people’s needs through services rather than consumption,” William McDonough, Consulting Professor of Civil and Environmental Engineering, Stanford University, USA said. “When was the last time you consumed a TV set?” he asked.

Cutting-edge thinking in the scientific community is moving us rapidly from linear to circular. The next big thing is what Neil Gershenfeld, Director, The Center for Bits and Atoms, Massachusetts Institute of Technology (MIT), USA, described as analogue materials. These contain digitized information that enable them to disassemble the elements that initially went into their fabrication and make them available for re-use.

The Annual Meeting 2014 is taking place from 22 to 25 January under the theme, The Reshaping of the World: Consequences for Society, Politics and Business. Participating this year are over 2,500 leaders from nearly 100 countries, including 300 public figures, 1,500 business leaders and representatives from civil society, academia, the media and arts.

The Co-Chairs of the Annual Meeting 2014 are: Aliko Dangote, President and Chief Executive Officer, Dangote Group, Nigeria; Kris Gopalakrishnan, President, Confederation of Indian Industry (CII); Vice-Chairman, Infosys, India; Jiang Jianqing, Chairman of the Board, Industrial and Commercial Bank of China, People’s Republic of China; Joseph Jimenez, Chief Executive Officer, Novartis, Switzerland; Christophe de Margerie, Chairman and Chief Executive Officer, Total, France; Marissa Mayer, Chief Executive Officer, Yahoo, USA and Judith Rodin, President, Rockefeller Foundation, USA.

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• Iran seeks to become one of the world’s top 10 economies in the future
• The international community needs to work together to help Syria
• President expects to conclude a comprehensive nuclear agreement
• The theme of the 44th World Economic Forum Annual Meeting is The Reshaping of the World: Consequences for Society, Politics and Business
• For more information, visit http://wef.ch/Davos

Davos-Klosters, Switzerland, 23 January 2014 – The President of the Islamic Republic of Iran, Hassan Rouhani, delivered a message of “friendship, engagement, cooperation and peaceful coexistence” to participants at the World Economic Forum Annual Meeting 2014.

President Rouhani emphasized that Iran will not accept being discriminated against as it develops nuclear technology for peaceful purposes and called on all nations to create conducive conditions in Syria for free and fair elections.

“My view of social, economic and political issues is one of prudent moderation,” he said. “The people of Iran opted for this approach and now they are demanding its implementation. The Iranian people’s choice has been welcomed in the region and internationally.”

President Rouhani said that the events in the global economy over the past six years have shown that no nation can live alone. “No business can achieve sustainable growth without adhering to social responsibilities and no power can regard its domination as permanent,” he said. “Globalization has shown in the global crisis that we are all in the same boat. If we do not choose wise captains, the storm will harm us all.”

Rouhani went on to say that Iran is determined to lay the groundwork for his country to become one of the world’s top 10 economies in coming years, and intends to develop peaceful and normalized relationships with its immediate neighbours and internationally. “All countries that Iran has officially recognized are within this circle. We want to see a better future and peace with all. I want to integrate Iran as an active and peaceful player in the global community,” he said.

Pointing to the success of his government in reaching an nuclear deal last November with the P5+1, comprising the United States, the United Kingdom, France, Russia, China and Germany, Rouhani said he does not see any “insurmountable obstacles or impediments” in reaching a comprehensive nuclear deal in the future.

“Iran has never desired a nuclear weapon in the past or one in the future. But we are not willing to give up our peaceful technology,” he said. “Countries are allowed to engage in peaceful activity under supervision. Forty countries have dual use of nuclear technology. Iran will not accept being discriminated against.”

Rouhani acknowledged that Syria has been engulfed in a major catastrophe and that its people have borne the brunt. “It is a miserable situation and very sad. But we have to be sad and concerned about the presence of terrorists, ruthless killers who kill innocent bystanders and fight among themselves,” he said. “We should work together to push terrorists out of Syria.”

He added that it is important to pave the way for the Syrian opposition to sit around the table with the government.

The Annual Meeting 2014 is taking place from 22 to 25 January under the theme, The Reshaping of the World: Consequences for Society, Politics and Business. Participating this year are over 2,500 leaders from nearly 100 countries, including 300 public figures, 1,500 business leaders and representatives from civil society, academia, the media and arts.

The Co-Chairs of the Annual Meeting 2014 are: Aliko Dangote, President and Chief Executive Officer, Dangote Group, Nigeria; Kris Gopalakrishnan, President, Confederation of Indian Industry (CII); Vice-Chairman, Infosys, India; Jiang Jianqing, Chairman of the Board, Industrial and Commercial Bank of China, People’s Republic of China; Joseph Jimenez, Chief Executive Officer, Novartis, Switzerland; Christophe de Margerie, Chairman and Chief Executive Officer, Total, France; Marissa Mayer, Chief Executive Officer, Yahoo, USA and Judith Rodin, President, Rockefeller Foundation, USA.

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