These industry-changing impasses are being recognized for their potential to transform the future of business and society. Chopstick Is one of two mobile companies selected worldwide. This honor recognizes shoptalk’s Innovation, potential Impact, growth and sustainability, proof of concept and leadership. Previously honored companies include Twitter, Dropped, Wisped, Plantar, Bloom Energy and Google. These companies are more than pioneering the way we use technology; they are transforming how we as a society are growing and interacting with each other,” said Silvia von Gunter, Head of Technology Pioneers at the World Economic Forum. They are also providing new opportunities for people to harness the potential of technology. ” “chopstick is involved in two of the biggest shifts in business right now: smartness becoming consumers’ primary computing platform, and brick & mortar merging with online retail into a cohesive Interactive experience.

Retail Is the third largest industry in the world, after energy and healthcare. Our goal is to transform shopping into a more personal, rewarding and entertaining experience for everyone,” said Carla Eroding, CEO and Co-Founder of chopstick. “It Is truly an honor to have our ark recognized by The World Economic Forum and we are thrilled to be Included as a Technology Pioneer alongside such innovative companies as Twitter, Dropped, Wisped and Plantar. ” In less than two years, chopstick has changed the retail landscape In a way that benefits brick & mortar and its shoppers.

A recent Nielsen report ranked shoptalk as the shopping app with the #1 highest engagement rate (minutes spent per user), ahead of eBay’s, Amazon’s and Group’s APS, and as the 4th most widely used shopping app, behind only eBay, Amazon and Group, and ahead of all physical retailers’ own APS, such as Cataracts and Walgreen. We are helping to lift the In-store shopping experience Into the Internet age by harnessing the power of mobile to make physical stores more interactive, enjoyable and valuable for consumers,” continued Eroding. Our cross-retailer rewards service has proven to positively impact our partner retailers’ and brands’ bottom line through an increase In shopper visits, product interactions and actual transactions. ” in-store revenue for partner retailers and brands. From January through July 2012, 1 OFF brand partners $35 million of that in Just June and July. Partners include Target, Macy’s, Old Navy, Crate & Barrel, Best Buy, American Eagle Outfitters, C.V./pharmacy, Simon Property Group, The Sports Authority, west elm, The Wet Seal, Kraft Foods, Procter & Gamble, Disney, Milliner, Intel, HP and more.

Some overall chopstick stats: More than 1 billion in-app deals and offers viewed since launch In an average month, users open the app on 9 days out of 30. That is one of the highest engagement rates in mobile. More than 1 billion times users have looked at stores in the app. Users are tapping on stores in the app 50-100 million times per month. More than 3. 5 million users 9 million verified walk-ins to partner stores 6 million product scans, up from 10 million in Jan. 2012, 7 million in August 2011 and 3 million in February 2011 Sixty-five percent of all chopstick users are women.

More than half of female users have kids. The average chopstick user is 27 years old and a mom with 1 kid. Only 4% of all users are younger than 18. Each year the World Economic Forum chooses 20-35 new Technology Pioneers from hundreds of applicants. Candidate www. Printers. Calculability. Com/apt/cap? Expire=&title=world *Economy ICC+Four m+An mess+S hop kick k+Etc h oenology+Pioneer+for+2013+–+PALO+ALTO World Economic Forum Names Chopstick Technology Pioneer for 2013 PALO ALTO, Alfa. , Gauge. 28,2012 ‘Prizewinners/ companies are nominated by Members, constituents and collaborators of the World Economic Forum, and by the public.

A selection committee, comprised of top technology and innovation experts, academics and venture capitalists, reviews all applications before making its recommendation to the World Economic Forum. Chopstick will Join the other 22 honorees at the Forum’s Annual Meeting of the new champions in Tannin, People’s Republic of China from September 11-13, 2012. More information about the World Economic Forum’s Technology Pioneers program can be found at http://www. Waveform. Rag/technologies. Chopstick is available for free on the phone from the App Store at vow. Tunes. Mom/ passport/ and for Android from Google Play at HTTPS://play. Google. Com/store/APS/ details? Id=com. chopstick. App. About chopstick, Inc. chopstick, Inc. Is a Palo Alto-based startup funded by Klein Perkins’ ‘Fund, Gridlock Partners and Reid Hoffman, founder of Linked, and investor in Backbone and Zingy. In August 2010, chopstick launched the first mobile application that hands consumers high-value rewards, offers and exclusive deals at chopstick’s national retail partners simply for walking into stores and malls. Even more rewards can be earned for scanning partner brand products at over 250,000 stores nationwide.

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