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StockX Sets Cyber Weekend Records

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— The company saw record trades on Cyber Monday —

— Asics, Fear of God, Pop Mart, and Timberland set new trade records throughout the week —

— Best-selling products across categories included Travis Scott’s latest Jordan collab, sneakers from Asics and adidas, Fear of God apparel, Ugg Lowmel boots, and Labubu collectibles from Pop Mart —

DETROIT, Dec. 3, 2024 /PRNewswire/ — StockX today reports a strong Cyber Week performance, with Monday breaking previous trade records. Between Wednesday and Monday, the platform saw record trades from brands including Asics, Fear of God, Pop Mart, and Timberland. Additionally, adidas, Yeezy, Lego, Stanley, Vans, and Denim Tears saw year-over-year trade growth. During the same time period, the company also set a new trade record for apparel sales, with the category achieving double-digit growth compared to 2023. Shoppers flocked to the platform earlier than ever, with year-over-year trades on Wednesday and Thursday up nearly 40% and 50% respectively, and StockX closing the six-day shopping week with more trades than it saw in the same time period last year. The platform also saw record use of Xpress Ship – StockX’s quicker shipping feature – setting single-day sales records from Wednesday through Cyber Monday. Xpress Ship items are pre-verified by StockX verification experts and ready to ship as soon as a purchase is made.

“This Cyber Weekend was a testament to the continued demand for sought-after products around the globe. Though many consumers remain price-conscious this year, we saw record trades on Cyber Monday and multiple brands achieved triple-digit growth over 2023. These results reflect the trust our community has in StockX and the power of our vast product catalog of sought-after items,” said StockX co-founder, President, and COO Greg Schwartz. “We expect this momentum to continue through the holiday season, and our team will be ready to deliver a best-in-class experience for both buyers and sellers.”

Just between Friday and Monday, StockX facilitated tens of millions of dollars in sales worldwide. In preparation for the weekend, StockX rolled out new features to provide even more value to holiday shoppers. The platform made hundreds of thousands of products available for quicker shipping via Xpress Ship, giving customers the opportunity to shop through Thursday, December 19, and still get their items before Christmas. The company also introduced returns, allowing shoppers in the United States to return eligible items within 14 days of delivery for a full refund in the form of StockX credit, minus the original cost of shipping. For orders placed between November 27 and December 31, StockX extended the return window through January 15, 2025. Additionally, StockX gift cards are available to U.S. customers for the first time this holiday season. 

Top Movers on StockX During Cyber Weekend: 

Sneakers

Asics: Multiple releases from Asics ranked among the top 100 best-selling products throughout Cyber Weekend. Asics is one of the fastest-growing sneaker brands on StockX, and will set a new sales record in 2024. Collabs with Kith and JJJJound boast big price premiums, but the brand’s general release models are also very popular. Top picks throughout the weekend included the Asics Gel-1130 Black Pure Silver and the Asics Gel-Kayano 14 Cream Black Metallic Plum.New Drops from Jordan Brand: Unsurprisingly, Travis Scott’s latest collab was highly sought after, ranking among the top-traded sneakers despite it boasting an average resale price of more than $400. The recently released Jordan 11 Retro Legend Blue (2024) was also a top pick throughout the weekend.Adidas Spezials: For the first time ever, an adidas Spezial ranks among the top 100 products on Cyber Weekend. Born in 1979 as an indoor training shoe, the silhouette has seen a resurgence over the past couple of years after adidas reintroduced it with splashy collaborations and a slew of new colorways. Two colorways – the adidas Handball Spezial Earth Strata Gum (Women’s) and the adidas Handball Spezial Navy Gum – ranked in the top 100.

Shoes

Ugg: Ugg delivered unprecedented growth on StockX during the holiday season of 2023, and the brand remains a popular pick this year. While classic slippers like the Tazz and Tasman are carryover favorites, a new release is competing as a holiday favorite: the Ugg Lowmel Boot. Debuted late last year, the Lowmel ranked among the top 30 best-selling products on StockX this Cyber Weekend.Yeezy Slides: Multiple Yeezy slides ranked among the top-traded products on Cyber Weekend, with favorite colorways being Slate Grey and Dark Onyx. Boasting an average price of around $100, slides are a popular option for shoppers looking for lower-priced items.Timberland: Renewed demand for a winter classic, Timberland’s 6″ Boot, helped the American outdoor brand see triple-digit growth on Black Friday. Timberland may be more than 50 years old, but it has stayed at the center of current culture with collaborations with the likes of Supreme and Louis Vuitton.

Apparel

Fear of God: The Jerry Lorenzo-led label took center stage this weekend, with hoodies from Fear of God’s ESSENTIALS line taking the top three spots on StockX’s ranking of best-selling products. The black, light oatmeal, and dark oatmeal colorways were favorites among shoppers.Denim Tears: Denim Tears remains the fastest-growing apparel brand on StockX in 2024, so it’s no surprise the buzzy label was a top pick over Cyber Weekend. The brand’s cotton wreath sweatshirts were popular picks over the weekend.

Collectibles

Labubu from Pop Mart: Pop Mart was the No. 1 top-traded collectibles brand on StockX in November, thanks to the viral success of the brand’s Labubu character. Pop Mart features the character across a range of collectibles, from figures to keychains. With the popularity of bag charms taking off in the second half of the year, shoppers are desperate to get their hands on Labubu collectibles. Top picks on StockX include the Pop Mart Labubu The Monsters Tasty Macarons Vinyl Face Blind Box Whole Set and Pop Mart Labubu The Monsters Fall In Wild Vinyl Plush Doll Pendant Keychain.

Electronics

PlayStation 5 Pro and the PlayStation 30th Anniversary Collection: Nostalgia fueled demand in the electronics category this holiday season, led by the new PlayStation 5 Pro and the 30th Anniversary Collection. The new design celebrates the release of the original PlayStation in 1994, featuring the brand’s iconic grey color and design on the latest devices including the Sony Playstation PS5 DualSense 30th Anniversary Limited Edition Wireless Controller and Sony PlayStation Portal Remote Player 30th Anniversary Limited Edition.

StockX welcomed millions of visitors to its website and app and awarded more than $2 million in prizes to customers throughout Cyber Weekend. Prizes included coveted grails like the Jordan 1 Retro High Dior, Louis Vuitton Nike Air Force 1 Low By Virgil Abloh White Red, and Nike Air Yeezy 2 Solar Red, as well as the Sony PlayStation 5 PS5 Pro 30th Anniversary Limited Edition Bundle. The global marketplace served buyers and sellers in more than 100 different countries and territories, with multiple markets seeing year-over-year sales growth during the shopping period.

For more information about StockX, please visit www.stockx.com.

About StockX

StockX is proud to be a Detroit-based technology leader focused on the large and growing online market for sneakers, apparel, accessories, electronics, collectibles, trading cards, and more. StockX’s powerful platform connects buyers and sellers of high-demand consumer goods from around the world using dynamic pricing mechanics. This approach affords access and market visibility powered by real-time data that empowers buyers and sellers to determine and transact based on market value. The StockX platform features hundreds of brands across verticals including Jordan Brand, adidas, Nike, Supreme, BAPE, Off-White, Louis Vuitton, Gucci; collectibles from brands including LEGO, KAWS, Bearbrick, and Pop Mart; and electronics from industry-leading manufacturers Sony, Microsoft, Meta, and Apple. Launched in 2016, StockX employs 1,000 people across offices and verification centers around the world. Learn more at www.stockx.com.

View original content:https://www.prnewswire.com/news-releases/stockx-sets-cyber-weekend-records-302321322.html

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Omdia: Small medium OLED shipment to hit 1 billion units for the first time in 2025

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LONDON, Dec. 4, 2024 /PRNewswire/ — New data from Omdia has revealed that OLED (Organic Light-Emitting Diode) technology, which began with small displays under 10 inches two decades ago, is set to reach new heights in 2025. With advancements in technology, capacity and cost, OLED is poised for significant growth. Over the years, OLED has outperformed LCD displays in key areas such as color saturation, slimness, weight, flexibility and contrast. These advantages have accelerated the transition from LCD to OLED, particularly as production scales expand, especially in China.

According to Omdia’s latest OLED Display Market Tracker, small to medium OLED shipments are expected to surpass one billion units for the first time. The milestone includes displays ranging from 1-inch to 8-inch, covering a wide array of applications such as game consoles, AR/VR/MR headsets, near eyeglasses and head-mount displays, automotive displays, smartphones, sub displays, smartwatches and industrial displays.

OLED technology has seen significant growth in the smartphone market, driven by China OLED makers such as BOE, ChinaStar, EverDisplay, Visionox and Tianma as along with the vast technological advancements from Korean giants Samsung Display and LG Display. Additionally, OLED displays are expanding into the new applications including AR/VR and automotive displays.

David Hsieh, Senior Research Director, Displays in Omdia highlights, “Despite its higher cost and more complex manufacturing, OLED has proven ideal for small to medium displays due to its slim design, lightweight, excellent picture quality, efficient power consumption and flexibility. Beyond replacing TFT LCDs in these applications, OLED enables  innovative form factors like ultra-lightweight and foldable designs. Shipments of small to medium OLED display are projected to peak 1 billion units in 2025.”

Conversely, display manufacturers are refining OLED production processes while scaling up capacity scale with innovations such as Gen8.6 fabs, LTPO+ backplane, COE, fingerprint-on-display technology, under display cameras, hybrid OLEDs, Tandem RGB OLEDs, mask-less OLED photolithographic deposition and ink jet printing. These new developments aim to elevate OLED’s value proposition beyond mere volume growth.

Hsieh added, “However, new players are beginning to challenge the dominance of OLED. Samsung Display and LG Display have introduced stretchable Micro LED displays, while display manufacturers like AUO and Tianma are initiating mass production of small to medium Micro LED displays, supported by gradual improvements in cost and product readiness. After reaching its peak, small to medium OLED displays are expected to enjoy a golden era lasting for decades, though they may eventually be overshadowed by the emergence of Micro LED Display.”

ABOUT OMDIA
Omdia, part of Informa TechTarget, Inc. (Nasdaq: TTGT), is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.

Contact: Fasiha Khan / fasiha.khan@omdia.com

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Delta Force New First-Person Shooter from the Team Behind Call of Duty: Mobile Now Available

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Free to Play PC Multiplayer Campaign Now Available on Steam; iOS, Android and Google Play Games on PC Launches Jan. 20; Black Hawk Down Campaign Follows Shortly After  

LOS ANGELES, Dec. 5, 2024 /PRNewswire/ — Mission launch! Team Jade today released their highly-anticipated multiplayer Open Beta for first-person tactical shooter Delta Force. Following a successful Steam Next Fest reception, where Delta Force was the 4th most wishlisted title and topped all three Steam Next Fest charts, Team Jade is excited to bring more expanded content such as new weapons and Operators, unique maps, engaging missions and more to the multiplayer campaign. 

 

Watch the Black Hawk Down Teaser Now

“The entire team at Team Jade is proud to release our vision for Delta Force upon the world,” said Shadow Guo, Game Director of Delta Force. “We’re truly excited to jump in with gamers across the globe in this exciting new shooter, who we hope will have as much fun playing the game as we had making it.”

Available at launch with Season Genesis, Delta Force will feature a diverse roster of multiplayer modes, a deep and customizable weapons arsenal, top notch graphics and more. An action-packed single-player/co-op campaign will be arriving in January of 2025. Furthermore, Delta Force will be available on the App Store, Google Play Store, and Google Play Games on PC January 20, 2025 with pre-registration begins today.

Get Delta Force Now

The PC Open Beta includes both multiplayer modes, including:

Warfare: A 32v32 player game mode where teams battle across massive maps of authentic terrain, utilizing a range of authentic and satisfying weapons and equipment, as well as military vehicles such as tanks and aircraft, to take on the enemy across the large objective-laden battlefields.Operations: Form a squad of three to take on rival teams and marauding AI-controlled mercenaries. Random events across huge mission-based maps will keep players on their toes, as they work together through PvE-focused missions full of valuable loot. 

For more information about Delta Force visit our official website and YouTube channel, with additional updates found on X, Facebook, Instagram, and TikTok.

About Delta Force

Delta Force is the upcoming free-to-play tactical shooter that is the next installment of the beloved Delta Force series, which will feature large-scale multiplayer modes, as well as an action-packed single-player/co-op campaign, a deep weapons arsenal for customization, and more. Delta Force PC Open Beta launches on December 5th and players can join the fray by getting the game for free via its website, Steam and Epic Games Store pages. Players can now also pre-register on the App Store, Google Play Store, and Google Play Games on PC for the January 20, 2025 launch.

About Team Jade

Team Jade is a notable branch of TiMi Studio Group renowned for Call of Duty: Mobile and Assault Fire, the latter being the most popular Chinese shooter game on PC for the past decade. With a roster of hundreds of industry veterans, the team has garnered multiple prestigious accolades, including BAFTA and TGA awards.

Video – https://www.youtube.com/watch?v=bLim7pmoAZc 

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Korea Legal Industry Veteran Robert Surh Joins TransPerfect Legal

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NEW YORK and SEOUL, South Korea, Dec. 4, 2024 /PRNewswire/ — TransPerfect Legal, the global leader in legal technology, AI, and advisory services, today announced the hiring of Robert Surh as a Director in the company’s APAC region. Based in Seoul, Surh’s addition strengthens TransPerfect Legal’s presence in Korea and underscores its commitment to the region.

In his new position, Surh will take responsibility for the growth of TransPerfect Legal’s technology, services, and advisory offerings across Asia, with a particular emphasis on South Korea and neighboring markets. With over two decades of experience spanning litigation, corporate law, forensic consulting, and global account management, Surh’s expertise will have an immediate positive impact on clients.

Surh began his career as a US-licensed attorney, where he gained first-hand litigation experience. He honed his skills at prestigious law firms, managing complex federal and state commercial class action and mass tort cases. He later transitioned to corporate law, where he held the role of General Manager of Foreign Litigation at LG Electronics and Chief Legal Counsel of Foreign Legal Affairs at E.Land World Co., Ltd. Surh also served as Head Counsel and Director at Deloitte Anjin, LLC, followed by a Director role at AlixPartners, which further expanded his consulting and advisory skills.

Surh commented, “As a leader in legal technology, digital forensics, and language services, TransPerfect’s cross-border value proposition is the best there is, particularly in APAC where language and regulations can differ dramatically. I am excited to join the growing team and continue TransPerfect Legal’s expansion across the Asia-Pacific region.”

TransPerfect President and Co-CEO Phil Shawe stated, “It is my honor to welcome Robert Surh to the TransPerfect team. Our clients in Korea, and throughout all of APAC, will benefit greatly from his experience and expertise.”

About TransPerfect Legal
TransPerfect Legal is a global leader in legal technology, AI, and advisory services for Am Law 200 and Global 100 law firms as well as corporate legal departments. With offices in more than 140 cities worldwide, solutions include forensic technology and consultingeDiscovery and early data assessmentmanaged review and legal staffinglanguage servicesdeposition and trial support, and paper discovery, all offered alongside the Reef Technology ecosystem, TransPerfect Legal’s suite of proprietary applications that address the needs of legal and regulatory practitioners around the world. For more information, please visit www.transperfectlegal.com.

About TransPerfect
TransPerfect is the world’s largest provider of language services and AI solutions for global business. From offices in over 140 cities on six continents, TransPerfect offers a full range of services in 200+ languages to clients worldwide. More than 6,000 global organizations employ TransPerfect’s GlobalLink® technology to simplify the management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.

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