Connect with us

Technology

Joybuy launches first ‘Summer Black Friday’ for UK shoppers – no need to wait for winter for unbeatable deals

Published

on

Almost half of UK consumers want a Summer Black Friday Promotion, new Independent research shows*Black Friday offers, but hotter: Joybuy’s Summer Black Friday offers a deal bonanza across top brands and everyday essentials, with no subscription requiredJoybuy’s first Summer Black Friday campaign runs from 15th to 30th JuneNew Spotify partnership announced for Summer Black Friday – JoyPlus members not already on Spotify can now enjoy up to four months of Spotify Premium, at no extra cost

LONDON, June 11, 2026 /PRNewswire/ — Joybuy, the new online shopping destination from JD.com, announces its inaugural Summer Black Friday kicks off next week, at a time when shoppers are increasingly feeling the pinch, with rising costs and a desire to see greater competition.

Running from 15th to 30th June, and in response to customer demand, Joybuy’s Summer Black Friday means shoppers no longer need to wait until the winter sales to secure great value deals. According to a new survey of 2,000 UK adults*, almost half of shoppers want a Black Friday in the summer. The data highlights a broader demand for market competition, with two-thirds (65%) of respondents stating that more competition between online shops drives better value for consumers, and over a third (36%) warning that retailers are not doing enough to attract customers by offering good service and competitive pricing.

With Summer Black Friday, Joybuy is introducing a new annual shopping event built around great value, trusted local and international brands and fast, reliable delivery. Shoppers can explore some of Joybuy’s lowest prices of the year so far, and enjoy thousands of deals across leading brands, including Apple, De’Longhi, Emma, LEGO, Lenovo, L’Oréal, Midea, Philips, Samsung and more alongside everyday favourites in tech, home, beauty and grocery categories and beyond.

Unlike some retailers, Joybuy’s Summer Black Friday is open to everyone, and no subscription is required. It kicks off in the UK, Germany, the Netherlands, France, Belgium and Luxembourg on Monday 15th.

A Joybuy spokesperson said: “Joybuy promised to shake up the market – and this is what we are doing by bringing the first nationwide Summer Black Friday by a multi-brand retailer to the UK. Why wait until November to shop smarter? With Summer Black Friday, we’re disrupting the shopping calendar and bringing one of the biggest global shopping moments to the UK. It’s about giving customers great deals on the brands they love, backed by fast, reliable delivery and a joyful shopping experience, at a time hard-working people need it most.”

Ahead of the Football World Cup this summer, Joybuy will introduce scores of deals on TV and audio-visual equipment, including soundbars, with free installation until 30th June 2026, perfect for the passionate football fan.

Joybuy’s “Double 11” delivery means that customers who order by 11am can receive their items before 11pm the same day in eligible areas (over 40 million people across the UK and Europe), with next-day delivery available nationwide**. Orders over £29 qualify for free delivery, with no additional fees for same-day delivery which is already available across Greater London, Birmingham, Leicester, Nottingham, Oxford and Cambridge.

Get ready to snap up a summer bargain! From today, shoppers can get ahead by reserving exclusive coupons and bundles. The savings officially kick off on 15th June, with coupons ready to use from midnight. At 20:00 that evening, a limited number of bundle deals drop to save up to 50%.

To mark Summer Black Friday, Joybuy is also offering a series of new customer benefits and partnerships.

Joybuy 11.11km Challenge on Strava

Joybuy customers can win beyond the checkout. Joybuy has partnered with Strava to launch the Joybuy 11.11km Challenge. From 15th to 30th June 2026, participants who complete 11.11km by walking, running, riding or hiking can unlock 1,111 Joybuy Points, worth £11.11 to spend on Joybuy, and be entered into a prize draw featuring prizes worth up to £1,111. Terms and conditions apply.

Spotify partnership announced

Joybuy announces it is partnering with Spotify, to give customers even more value through its membership programme, JoyPlus. From 15th June, JoyPlus members, who are not existing Spotify subscribers, can enjoy four months of Spotify Premium at no extra cost, while non-JoyPlus customers purchasing electronics products will receive three months. Terms and conditions apply***.

Joybuy Launches Gift Cards across Europe

To give customers a fast, flexible and easy way to share the joy with friends and family, Joybuy has launched Digital Gift Cards. Available from £10 to £100, the gift cards can be personalised with messages and sent directly to recipients’ inboxes.

Summer Black Friday meets a demand from customers and draws inspiration from JD.com’s ‘618’ festival, now one of the world’s largest shopping events, which in 2025 saw the company process 2.2 billion orders and USD$100bn spent in China. The ‘618’ shopping event, celebrated on June 18th, hence ‘618’, was first launched by JD.com in 2010 and is widely anticipated each year in China and Joybuy now intends to make Summer Black Friday a mainstay of the UK shopping calendar too.

Notes to Editors:

*The consumer research was commissioned by Joybuy and conducted by independent market research agency OnePoll. The survey polled a nationally representative sample of 2,000 UK adults in May 2026. OnePoll is a corporate member of the Market Research Society (MRS) and strictly adheres to the MRS Code of Conduct.

**Excluding Northern Ireland and Isle of Man

***How to Get Your Spotify Premium Offer
If you have never been a Spotify Premium member, you may be eligible to receive a Spotify Premium Offer in one of the following ways:

Activate JoyPlus membership, to get up to 4 months free Spotify Premium.Purchase selected electronics products on Joybuy, to get up to 3 months free Spotify Premium.

If you have been a Spotify Premium member before, but have not accessed the service recently, you may be eligible to receive Spotify Premium for a 2-month welcome back offer. Your access to Spotify Premium must have ended over 30 days ago and you must not have redeemed a Spotify welcome back offer in the last 24 months.

Eligible products will be marked with the Spotify Premium offer on the product detail page.

Each customer can claim only redeem only one Spotify Offer and can only redeem the Offer once. 

The Offer is only applicable for Individual Spotify Plan plans only.

£12.99/month after trial. Cancel anytime.

For eligibility details and full Offer conditions, please refer to the Spotify Terms and Conditions.

About Joybuy

Joybuy is JD.com’s new online retail business in Europe, offering high-quality brands, at great prices, delivered from its own warehouses to the customer’s doorstep, through a speedy and reliable network. Joybuy is a brand-led platform, with products from leading international, European and local brands, available across technology, appliances, beauty, home, grocery and everyday essentials. Its unique “Double 11” delivery service means if shoppers order by 11am, orders will arrive before 11pm the same day, order before 11pm and they arrive the next day, subject to eligibility. Joybuy places the customer at the heart of everything it does and offers 24/7 customer service.

The Joybuy slogan “Don’t just buy, Joybuy”, perfectly captures the mission to fulfil customers’ needs and provide a service that is easy and convenient, but also enjoyable and fun. Officially launched in Europe in March 2026, Joybuy gives customers a more joyful shopping experience in the UK, Germany, the Netherlands, France, Belgium and Luxembourg.

 

Photo – https://mma.prnewswire.com/media/2996652/Joybuy_Summer_Black_Friday_Garden_Party.jpg
Photo – https://mma.prnewswire.com/media/2996653/Joybuy_Summer_Black_Friday_Food.jpg
Photo – https://mma.prnewswire.com/media/2996654/Joybuy_Summer_Black_Friday_Pool.jpg

View original content:https://www.prnewswire.co.uk/news-releases/joybuy-launches-first-summer-black-friday-for-uk-shoppers—no-need-to-wait-for-winter-for-unbeatable-deals-302796809.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

ANSR Named a Leader in 2026 ISG Provider Lens™ for Global Capability Center (GCC) Services

Published

on

By

Global GCC pioneer recognized for its full-stack GCC ownership, proprietary digital ecosystem, talent-led market entry, and Zero-CapEx subscription-based model

BANGALORE, India, June 11, 2026 /PRNewswire/ — ANSR, a global leader in helping enterprises design, build, operate, and scale Global Capability Centers (GCCs), today announced it has been named a Leader in the 2026 ISG Provider Lens™ for Global Capability Center (GCC) Services.

The report, which evaluates service providers supporting enterprises across the GCC lifecycle, highlights ANSR’s comprehensive end-to-end GCC capabilities, integrated platform-led model, and differentiated approach to helping enterprises launch and scale future-ready GCCs with speed, flexibility, and long-term strategic control.

“We are honored to be recognized as a Leader by ISG in the Global Capability Center Services landscape,” said Vikram Ahuja, Co-Founder, ANSR and CEO, 1Wrk. “This recognition validates our continued commitment to helping enterprises build, scale, and transform their global teams through our unique blend of strategy, execution, technology, and innovation. Having supported over 225 GCCs globally, hired more than 250,000 employees, and managed over 14 million sq. ft. of workspace, we understand what it takes to create capability centers that deliver speed, scale, and sustainable enterprise value. As GCCs evolve into strategic engines of transformation, we are focused on helping enterprises build future-ready centers through differentiated AI-first GCC blueprints that drive innovation, operational excellence, and long-term competitive advantage.”

According to ISG, ANSR’s strengths include:

Full-stack GCC ownership: ANSR operates as a single, integrated platform across GCC design, legal entity creation, infrastructure build-out, talent acquisition, and operational run services. With over 200 GCCs supported, ANSR brings unmatched scale and execution capability, minimizing handoffs and accelerating time to value.Talent-led market entry: With its Talent500 ecosystem, curated GCC talent database, and in-house employer branding capability, ANSR positions talent strategy at the core of GCC design. Its data-backed compensation insights and value proposition frameworks help enterprises compete effectively against established GCCs and digital-native companies.Proprietary digital GCC platform: ANSR’s 1Wrk™ SuperApp helps enterprises build and scale GCCs by integrating solutions for talent acquisition, workspace, HR, operations, payroll, automation, and governance. The platform enables rapid setup, efficient operations, and greater visibility across the GCC lifecycle.Zero-CapEx subscription-based model: ANSR’s GCC as a Service model removes upfront investment barriers and offers a pay-as-you-grow approach. Through standardized playbooks, incubator spaces, and managed build-operate-transfer constructs, ANSR enables enterprises to go live faster while preserving long-term strategic control.

“ANSR sets the benchmark in GCC design and setup, blending speed, scale and full-stack ownership. Its subscription model, infrastructure depth and talent ecosystem enable enterprises to launch future-ready GCCs with minimal friction and maximum control,” said Gaurang Pagdi, Lead Analyst, ISG.

ANSR’s one-stop-shop model streamlines execution, eliminating the need for multiple service providers and ensuring a seamless, efficient, and scalable approach to GCC operations. Its integrated model brings together talent, infrastructure, operations, and technology into a unified execution framework, enabling enterprises to move from intent to impact with greater confidence.

The recognition underscores ANSR’s continued evolution from GCC design and setup leadership to a broader GCC services model that supports enterprises across the full lifecycle of their global capability centers.

About ANSR

ANSR is the definitive global leader in establishing and operating Global Capability Centers. With over 225 GCCs built, more than 250,000 employees hired, and over 14 million sq. ft. of workspace managed, ANSR combines strategic insight, proven execution capabilities, and proprietary technology solutions to help enterprises build and grow their global teams.

As pioneers of the GCC as a Service model and creators of the 1Wrk™ platform, ANSR continues to redefine how enterprises achieve operational excellence and accelerate their digital transformation journeys. With deep GCC expertise, a strong talent ecosystem, and an integrated platform-led model, ANSR delivers predictable outcomes that enable enterprises to gain competitive advantage through their global capability centers.

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/ansr-named-a-leader-in-2026-isg-provider-lens-for-global-capability-center-gcc-services-302797669.html

Continue Reading

Technology

Qatar’s General Authority of Endowments Partners with Global Islamic Fintech Wahed to Develop AI-Powered Shariah Equity Analysis Platform

Published

on

By

DOHA, Qatar, June 11, 2026 /PRNewswire/ — Wahed, a leading Islamic fintech and asset manager, today announced that its Qatar-based entity, Wahed MENA LLC, has signed a Memorandum of Understanding (MoU) with the The General Directorate of Endowments at the Ministry of Awqaf and Islamic Affairs to develop and pilot an artificial intelligence-powered Shariah equity analysis and screening platform tailored to the needs of Qatar’s endowment sector.

Bringing together Wahed’s global expertise in Islamic fintech and asset management with Awqaf’s Shariah and investment expertise in endowment oversight, the initiative is designed to build a smarter, more efficient approach to screening and analysing equities listed on the Qatar Stock Exchange (QSE) for Shariah compliance.

The project supports Awqaf’s efforts to leverage cutting-edge technologies and digital innovation in line with the Ministry’s Strategic Plan (2025-2030), which focuses on digital transformation, artificial intelligence technologies, institutional innovation, performance efficiency and sustainability. It also aligns with Qatar National Vision 2030 and the country’s broader transition toward a knowledge-based economy.

The platform will combine AI-driven equity screening, natural language processing (NLP), financial indicator and ratio analysis, and a bilingual Arabic-English interface to support Awqaf’s internal investment assessment processes. Features under development include dividend screening, historical Shariah compliance tracking, risk-based analysis and an AI-assisted Shariah screening support chatbot for internal use.

By combining financial data analysis, compliance monitoring and intelligent screening capabilities, the platform is expected to enhance the speed, consistency and scalability of investment analysis, strengthen governance and transparency in endowment investment management, and provide institutional-grade insights to support decision-making on robust Shariah and financial foundations.

During the signing ceremony, Mohammed Abdullah Al Harmi, Director of the Investment Department at the General Directorate of Endowments, described the project as a crucial step in advancing endowment work. “This initiative ushers in a new era of endowment operations that combines Sharia authenticity with technological innovation,” he said.

“This partnership reflects our commitment to putting technology in service of Islamic finance principles,” said Khalid Al Jassim, Executive Chairman of Wahed MENA. “By working with Awqaf, we are taking a meaningful step toward making Shariah-compliant investment intelligence more precise, accessible and scalable.”

The initiative represents a significant step forward in the adoption of artificial intelligence within Islamic asset management. Upon completion, the platform will serve as a model for endowment institutions, asset managers, sovereign entities and financial organisations seeking to integrate AI into Shariah-compliant investment processes.

About Wahed

Headquartered in New York, Wahed Inc. (Wahed) is a global Islamic fintech and asset management company committed to democratising access to financial services. Licensed in nine countries, Wahed combines cutting-edge financial technology with Shariah principles to deliver innovative products that align with faith and values. With over 450,000 clients globally and more than $2 billion in assets under management and administration across its entities, Wahed serves investors across multiple continents and is pioneering a new era of ethical and faith-based investing.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/qatars-general-authority-of-endowments-partners-with-global-islamic-fintech-wahed-to-develop-ai-powered-shariah-equity-analysis-platform-302797329.html

Continue Reading

Technology

Finance firms face surging AI risks as conduct incidents average USD 14 million

Published

on

By

The share of C-suite executives identifying AI-related conduct risks as a top material risk has jumped from 16% over the past three years to 56% over the next three years, ranking first among non-financial risks.While executives report that major business conduct risk incidents rose by 55% between 2023 and 2025, with each incident costing USD 14 million on average, the majority of firms continue to invest in conduct data reactively rather than preventively.As financial firms scale AI across risk workflows, trusted data becomes essential to keep outputs relevant, accurate, and auditable – helping prevent hallucinations from spreading across models, dashboards, portfolios, and decisions.

ZURICH, June 11, 2026 /PRNewswire/ — RepRisk, the world’s most respected DaaS company for business conduct risks, today released new analysis from its global Business Conduct Risk Intelligence Report 2026, based on a survey of more than 500 C-suite executives across banks, asset managers, asset owners, and other financial institutions, conducted in collaboration with Oxford Economics.

Major risk incidents rise as costs mount

RepRisk’s new analysis estimates that firms face USD 28 million to USD 43 million in annual cost exposure from reputational and business conduct risks, with companies experiencing two to three significant incidents per year on average and each incident costing around USD 14 million. The most severe incidents average USD 37.6 million, highlighting the financial value of earlier detection and prevention.

Even modest improvements in monitoring – such as reducing incident frequency by 5% to 10% or accelerating escalation before issues intensify – could help mitigate multi-million-dollar losses annually. By enabling firms reduce blind spots, shorten decision cycles, strengthen governance, and improve auditability and decision confidence, structured business conduct risk intelligence creates measurable value, with C-suite executives surveyed expecting the ROI from these capabilities to double within three years.

AI risks surge as adoption scales

The report found that only 16% of executives identified AI-related conduct risks as a top material risk over the past three years – but 56% expect them to be a top material risk over the next three years. Against this backdrop, executives report that major business conduct risk incidents rose 55% between 2023 and 2025, while 67% say overall risk complexity has increased over the past year.

AI risks are surging just as banks, asset managers, asset owners, and other financial institutions are embedding AI into core workflows, from transaction due diligence and risk monitoring to portfolio oversight, compliance, KYC, and stewardship engagement. For financial institutions, the stakes are magnified by scale. Business conduct risk data can inform decisions across large portfolios, client relationships, counterparties, transactions, and internal control frameworks. If flawed or inconsistent data enters AI-driven workflows, errors can spread across models, dashboards, portfolios, and decisions – becoming difficult to identify, explain, or reverse after the fact.

“As we celebrate RepRisk’s 20-year anniversary, our founding mission, to bring transparency to business conduct risks to drive positive change, has never been more relevant,” said Philipp Aeby, CEO and Co-Founder of RepRisk. He added, “AI is moving deeper into financial decision-making, but models are only as trustworthy as the data and guardrails behind them. Hallucinations, inconsistent sources, and opaque methodologies can quickly scale into costly business decisions. Financial leaders want the speed of AI without the risks of black-box automation. They want trusted, AI-powered risk intelligence with humans in the lead, built on data they can explain, defend, and stand behind.”

The survey points to a clear preference for human-led AI when business conduct risk data informs material decisions. Across the full sample, 73% of executives report using human-AI hybrid approaches, while 67% trust hybrid data for material risk and investment decisions, compared with 35% for AI-only approaches. This preference is even stronger among banks, where 74% of respondents express confidence in human-AI hybrid data, underscoring demand for technology enhanced by expert oversight, rather than full automation.

About RepRisk

RepRisk is the world’s most respected Data as a Service (DaaS) company for reputational risks and responsible business conduct. Since 2006, RepRisk’s data has been trusted by the world’s leading banks, investment managers, Fortune 500 companies, sovereign wealth funds, and organizations such as the OECD and UN. Combining advanced AI with deep human expertise, and a proven methodology at the core, RepRisk’s solutions bring peace of mind, enabling clients to ‘know more, be sure, and act faster’. Our pioneering solutions help to strengthen due diligence processes across business conduct topics, such as biodiversity, deforestation, human rights, and corruption, empowering clients to identify, monitor, and mitigate reputational, compliance, and financial risks. Headquartered in Zurich, and with offices in Toronto, New York, London, Berlin, Manila, and Tokyo, we stay close to clients and bring an independent lens to the industry. United by our shared belief in the power of data, our 400 people are proud to be setting the global standard for business conduct data and driving positive change through transparency. Visit us at reprisk.com and follow us on LinkedIn

Contact –  Mathias Fürer, +41 41 552 30 01, media@reprisk.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/finance-firms-face-surging-ai-risks-as-conduct-incidents-average-usd-14-million-302797351.html

SOURCE RepRisk

Continue Reading

Trending