ββπ It's Amazon's Birthday!
On this day (5 July) in 1994, #Amazon was founded in Bellevue, Washington. It went public three years later and raised $54 million.
#History
π @PerspectiveIX
π prs.pctvix.co/2u7P093
On this day (5 July) in 1994, #Amazon was founded in Bellevue, Washington. It went public three years later and raised $54 million.
#History
π @PerspectiveIX
π prs.pctvix.co/2u7P093
π° #iXDailyBrief
STAT
β‘οΈ The βGareth Southgateβ effect? M&Sβ suit sales have been boosted so far for the 2018 World Cup with sales of waistcoats up by 35% YOY. (Source: Marks and Spencer)
INSIGHT
π #Pinterest's rudimentary consultancy gives retailers advice on in-store merchandising: prs.pctvix.co/2NJIVs3
OTHER NEWS
π Olio, the app that lets you share unwanted food items with your neighbours, picks up Β£6M Series A: t.me/iXNews/29108
π± HTCβs blockchain-powered Exodus #smartphone is a risky bet that needs to pay off: t.me/iXNews/29106
π #YouTube is fighting fake news with $25M to promote journalism and more context in search results: t.me/iXNews/29001
π€ #Snapchat moves beyond traditional publishing brands with latest partnerships: prs.pctvix.co/2NJzzN5
π» Snapchat and #Amazon will team up on in-app shopping: prs.pctvix.co/2NIPag6
π΅οΈββοΈ House Republicans demand answers from Alphabet following Gmail privacy scandal: t.me/iXNews/28988
β
Sorry about missing the Daily Brief yesterday. I was on a couple of flights with no internet access. And today, I'm trying to catch up π
Ben, @iXNews
STAT
β‘οΈ The βGareth Southgateβ effect? M&Sβ suit sales have been boosted so far for the 2018 World Cup with sales of waistcoats up by 35% YOY. (Source: Marks and Spencer)
INSIGHT
π #Pinterest's rudimentary consultancy gives retailers advice on in-store merchandising: prs.pctvix.co/2NJIVs3
OTHER NEWS
π Olio, the app that lets you share unwanted food items with your neighbours, picks up Β£6M Series A: t.me/iXNews/29108
π± HTCβs blockchain-powered Exodus #smartphone is a risky bet that needs to pay off: t.me/iXNews/29106
π #YouTube is fighting fake news with $25M to promote journalism and more context in search results: t.me/iXNews/29001
π€ #Snapchat moves beyond traditional publishing brands with latest partnerships: prs.pctvix.co/2NJzzN5
π» Snapchat and #Amazon will team up on in-app shopping: prs.pctvix.co/2NIPag6
π΅οΈββοΈ House Republicans demand answers from Alphabet following Gmail privacy scandal: t.me/iXNews/28988
β
Sorry about missing the Daily Brief yesterday. I was on a couple of flights with no internet access. And today, I'm trying to catch up π
Ben, @iXNews
ββπ£ The State of Chinese Voice Assistants
China is the second-largest consumer market in the world, hitting $4.3T in consumer expenditure in 2016 alone (for reference, the US ranked first with $12.5T, and Japan third with $2.7T).
The Chinese smart home market will reach nearly $23B in 2018, according to Juniper Research. #SmartSpeakers and #AI voice assistants are becoming an integral part of that.
Now that smart speakers are becoming commonplace, the early entrant, #Amazon, is losing its market share β and not just to its rival #Google, but to newer players emerging in China.
π @PerspectiveIX via CBInsights.
β Do you own a smart speaker?
China is the second-largest consumer market in the world, hitting $4.3T in consumer expenditure in 2016 alone (for reference, the US ranked first with $12.5T, and Japan third with $2.7T).
The Chinese smart home market will reach nearly $23B in 2018, according to Juniper Research. #SmartSpeakers and #AI voice assistants are becoming an integral part of that.
Now that smart speakers are becoming commonplace, the early entrant, #Amazon, is losing its market share β and not just to its rival #Google, but to newer players emerging in China.
π @PerspectiveIX via CBInsights.
β Do you own a smart speaker?
ββπΆ Music Industry Streaming Revenues
Revenues from streaming #Music grew 28% YoY to $3.4 billion for the first half of 2018.
This broad category includes revenues from subscription services (such as paid versions of #Spotify, #AppleMusic, #Amazon, #TIDAL, and others), digital and customized radio services (like #Pandora, #SiriusXM, and other Internet radio), and ad-supported on-demand streaming services (such as #YouTube, #Vevo, and ad-supported Spotify). The overwhelming majority of the industryβs revenue growth during the period came from streaming music.
Paid subscriptions have become the biggest format for music by revenue. Year-over-year growth of 33% brought total subscription revenues to $2.5 billion. So ΒΎ of recording industry revenue came from streaming, and ΒΎ of that from paid subscriptions. Despite far few users, subscription streaming vastly out performed ad-supported revenues.
π @PerspectiveIX via RIAA (PDF).
β Which one do you prefer?
Revenues from streaming #Music grew 28% YoY to $3.4 billion for the first half of 2018.
This broad category includes revenues from subscription services (such as paid versions of #Spotify, #AppleMusic, #Amazon, #TIDAL, and others), digital and customized radio services (like #Pandora, #SiriusXM, and other Internet radio), and ad-supported on-demand streaming services (such as #YouTube, #Vevo, and ad-supported Spotify). The overwhelming majority of the industryβs revenue growth during the period came from streaming music.
Paid subscriptions have become the biggest format for music by revenue. Year-over-year growth of 33% brought total subscription revenues to $2.5 billion. So ΒΎ of recording industry revenue came from streaming, and ΒΎ of that from paid subscriptions. Despite far few users, subscription streaming vastly out performed ad-supported revenues.
π @PerspectiveIX via RIAA (PDF).
β Which one do you prefer?
ββπ Facebook Portal
#Facebook just unveiled Portal, a home video chat camera with auto-zoom & built-in #Amazon Alexa - for the people who still trust Facebook!
With #FacebookPortal, you canβt watch #YouTube; thereβs no web browser; #WhatsApp and #Instagram are nowhere to be found; and you canβt send or receive normal Facebook messages, even if theyβre video recordings. If you buy the Portal, you have to really want to video chat with other people on Facebook, and do so from one room in your home, on something other than the phone or laptop or tablet that you likely already have. (TheVerge)
With all the privacy issues surrounding Facebook, Portal seems like a stupidly brave bet from them.
π @PerspectiveIX
β Will you purchase a Facebook Portal to place inside your home?
#Facebook just unveiled Portal, a home video chat camera with auto-zoom & built-in #Amazon Alexa - for the people who still trust Facebook!
With #FacebookPortal, you canβt watch #YouTube; thereβs no web browser; #WhatsApp and #Instagram are nowhere to be found; and you canβt send or receive normal Facebook messages, even if theyβre video recordings. If you buy the Portal, you have to really want to video chat with other people on Facebook, and do so from one room in your home, on something other than the phone or laptop or tablet that you likely already have. (TheVerge)
With all the privacy issues surrounding Facebook, Portal seems like a stupidly brave bet from them.
π @PerspectiveIX
β Will you purchase a Facebook Portal to place inside your home?
ββπ Netflix is Responsible for 15% of Global Internet Traffic
According to a new report by Sandvine, the web application responsible for the world's most downstream traffic is #Netflix with 15%. #Youtube isn't too far behind with 11.4% and further back but still with a significant share, #Amazon Prime Video is responsible for 3.7%.
π @PerspectiveIX via Statista.
β Do you a Netflix account?
According to a new report by Sandvine, the web application responsible for the world's most downstream traffic is #Netflix with 15%. #Youtube isn't too far behind with 11.4% and further back but still with a significant share, #Amazon Prime Video is responsible for 3.7%.
π @PerspectiveIX via Statista.
β Do you a Netflix account?
π Alexa Rules American Smart Homes
Still capitalizing on its first mover advantage, #Amazon continues to dominate the smart speaker landscape in the United States. According to a survey conducted by research firm Strategy Analytics in July and August 2018, the e-commerce giant accounted for 63% of the U.S. installed base at the time, beating Google (17%) and Apple (4%) by quite a margin.
Amazon had started the smart speaker craze in November 2014 with the release of the first Amazon Echo. The Consumer Technology Association expects smart speaker sales to amount to $3.2 billion in the U.S. this year, up 64% over the 2017 total.
π @PerspectiveIX via Statista.
Still capitalizing on its first mover advantage, #Amazon continues to dominate the smart speaker landscape in the United States. According to a survey conducted by research firm Strategy Analytics in July and August 2018, the e-commerce giant accounted for 63% of the U.S. installed base at the time, beating Google (17%) and Apple (4%) by quite a margin.
Amazon had started the smart speaker craze in November 2014 with the release of the first Amazon Echo. The Consumer Technology Association expects smart speaker sales to amount to $3.2 billion in the U.S. this year, up 64% over the 2017 total.
π @PerspectiveIX via Statista.
πΈ Amazon's HQs
#Amazonβs relationship to its hometown, Seattle, WA, has been complicated at best. The company has poured close to $4 billion in real estate spending into the city. Amazon is currently employing 45,000 people who have an average annual salary of $110,000. Critics say these moves have driven up the cost of living in the city. While the tech giant has grown, it has also deferred 54 million in state taxes alone, due to a high-tech corporate incentive in Washington state.
π @PerspectiveIX via Statista.
#Amazonβs relationship to its hometown, Seattle, WA, has been complicated at best. The company has poured close to $4 billion in real estate spending into the city. Amazon is currently employing 45,000 people who have an average annual salary of $110,000. Critics say these moves have driven up the cost of living in the city. While the tech giant has grown, it has also deferred 54 million in state taxes alone, due to a high-tech corporate incentive in Washington state.
π @PerspectiveIX via Statista.
π€ e-Commerce App vs Web Engagement
Using the top four e-commerce brands, here Verto dives into what form of traffic was driving the majority of their visits. Unsurprisingly, Web (including mobile & desktop) continues to dominate e-commerce reach and time spent. 179 million unique monthly visitors access #Amazon at least once via Web which is 97% of Amazonβs user base for September 2018; only 53% of those users, 98 million, access it via the application. Even in terms of engagement, the average user on Amazon spent slightly more than 5 hours on web browsers compared to slightly under an hour on the app.
π @PerspectiveIX via VertoAnalytics.
Using the top four e-commerce brands, here Verto dives into what form of traffic was driving the majority of their visits. Unsurprisingly, Web (including mobile & desktop) continues to dominate e-commerce reach and time spent. 179 million unique monthly visitors access #Amazon at least once via Web which is 97% of Amazonβs user base for September 2018; only 53% of those users, 98 million, access it via the application. Even in terms of engagement, the average user on Amazon spent slightly more than 5 hours on web browsers compared to slightly under an hour on the app.
π @PerspectiveIX via VertoAnalytics.
π° Amazon Challenges Ad Duopoly
According to a new eMarketer report, digital ad spending in the United States will exceed traditional media spending, e.g. TV, print and radio ads, for the first this year. Boosted by the ongoing mobile #advertising boom, digital ad spending is expected to grow 19 percent to $129 billion in 2019.
While the digital ad market is still dominated by #Google and #Facebook, who account for roughly 60 percent of total spending, a third company is challenging the de-facto duopoly of the worldβs largest search and social media companies. Online retail behemoth #Amazon has quietly built a billion-dollar ad business which is growing at a rate of 50 percent per year.
π @PerspectiveIX via Statista.
According to a new eMarketer report, digital ad spending in the United States will exceed traditional media spending, e.g. TV, print and radio ads, for the first this year. Boosted by the ongoing mobile #advertising boom, digital ad spending is expected to grow 19 percent to $129 billion in 2019.
While the digital ad market is still dominated by #Google and #Facebook, who account for roughly 60 percent of total spending, a third company is challenging the de-facto duopoly of the worldβs largest search and social media companies. Online retail behemoth #Amazon has quietly built a billion-dollar ad business which is growing at a rate of 50 percent per year.
π @PerspectiveIX via Statista.
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π€― Tech Companiesβ Market Capitalisation Over the Last 23 Years
Fascinating to see how quickly growing companies in tech have been able to join the top.
Keep an on on #Apple #Microsoft #Amazon #Google #Facebook and #Netflix...
π @PerspectiveIX via Lionel Page.
Fascinating to see how quickly growing companies in tech have been able to join the top.
Keep an on on #Apple #Microsoft #Amazon #Google #Facebook and #Netflix...
π @PerspectiveIX via Lionel Page.
πΊ Video Streaming Stats from Nielsen
A new age of media is upon us. As a number of powerful media companies enter the streaming video marketplace in a very big way, choice in this promising arena has never been greater.
The Nielsen report notes that 60% of Americans subscribe to more than one paid #VideoStreaming service. Better stillβespecially for platforms entering the streaming marketβis that 93% of U.S. consumers say they will either increase or keep their existing streaming services.
#Netflix #Hulu #Amazon #YouTube
π‘ Read more on Pulse 77.
π¦ @PerspectiveIX
A new age of media is upon us. As a number of powerful media companies enter the streaming video marketplace in a very big way, choice in this promising arena has never been greater.
The Nielsen report notes that 60% of Americans subscribe to more than one paid #VideoStreaming service. Better stillβespecially for platforms entering the streaming marketβis that 93% of U.S. consumers say they will either increase or keep their existing streaming services.
#Netflix #Hulu #Amazon #YouTube
π‘ Read more on Pulse 77.
π¦ @PerspectiveIX
π How Tech Companies Impact Society
The Verge Tech Survey 2020
Americans believe that #Google, #Amazon, #Apple, #Microsoft, #Netflix, and #YouTube have an overall positive effect on society. Theyβre more likely to think that #Twitter, #Slack, #Instagram, and #Facebook have an overall negative effect.
πππ
π¦ @PerspectiveIX via the Verge.
The Verge Tech Survey 2020
Americans believe that #Google, #Amazon, #Apple, #Microsoft, #Netflix, and #YouTube have an overall positive effect on society. Theyβre more likely to think that #Twitter, #Slack, #Instagram, and #Facebook have an overall negative effect.
πππ
π¦ @PerspectiveIX via the Verge.
Forwarded from π° [ ix daily ]
π° Tech, Media, and Business News Headlines β Day 1
π #Intel unveils 10th-gen desktop CPUs, including 5.3GHz flagship (link)
π #Zoom admits it doesn't have 300M DAUs, quietly correcting the claim in its original blog post to 300M βdaily Zoom meeting participants (link)
π #Telegram postpones the launch of its TON blockchain for a second time, pushing the go-live date to April 2021, and offers to return $1.2B to investors (link)
π Andreessen Horowitz raises $515M for its second fund dedicated to #cryptocurrency and #blockchain investments and holdings (link)
π #Apple Q2: $58.3B revenue, up 1% YoY; $44.9B from products, $13.35B from services; net income of $11.25B (link)
π #Amazon Q1: $75.5B revenue, up 26% YoY; net income of $2.5B, down from $3.6B in Q1 2019; $10.2B from AWS revenue, up from $7.7B YoY (link)
π #Twitter Q1: sales up 3% YoY to $808M; net loss of $8M due to COVID-19; mDAUs hit a record 166M, up 24% YoY (link)
#οΈβ£ #EarningsCalls
π° @iXDaily via @PerspectiveIX
π Weekly Newsletter.
π #Intel unveils 10th-gen desktop CPUs, including 5.3GHz flagship (link)
π #Zoom admits it doesn't have 300M DAUs, quietly correcting the claim in its original blog post to 300M βdaily Zoom meeting participants (link)
π #Telegram postpones the launch of its TON blockchain for a second time, pushing the go-live date to April 2021, and offers to return $1.2B to investors (link)
π Andreessen Horowitz raises $515M for its second fund dedicated to #cryptocurrency and #blockchain investments and holdings (link)
π #Apple Q2: $58.3B revenue, up 1% YoY; $44.9B from products, $13.35B from services; net income of $11.25B (link)
π #Amazon Q1: $75.5B revenue, up 26% YoY; net income of $2.5B, down from $3.6B in Q1 2019; $10.2B from AWS revenue, up from $7.7B YoY (link)
π #Twitter Q1: sales up 3% YoY to $808M; net loss of $8M due to COVID-19; mDAUs hit a record 166M, up 24% YoY (link)
#οΈβ£ #EarningsCalls
π° @iXDaily via @PerspectiveIX
π Weekly Newsletter.
Forwarded from π° [ ix daily ]
π° Tech, Media, and Business News Headlines β Day 2
π In Q1, #iPad app downloads saw first YoY growth in four years, surpassing 1.1B worldwide; consumer spending in iPad apps crosses $2B (link)
π #Coronavirus causes worst #smartphone market contraction in history β global shipments down 13% (link)
π #Fortnite is hosting a Diplo concert in its new party mode (link)
π #Tesla's lost $14B in value after #ElonMusk tweeted its shares were overpriced (link)
π #JeffBezos is being called to testify before Congress over βmisleadingβ statements from #Amazon (link)
π° @iXDaily via @PerspectiveIX
π Weekly Newsletter.
π In Q1, #iPad app downloads saw first YoY growth in four years, surpassing 1.1B worldwide; consumer spending in iPad apps crosses $2B (link)
π #Coronavirus causes worst #smartphone market contraction in history β global shipments down 13% (link)
π #Fortnite is hosting a Diplo concert in its new party mode (link)
π #Tesla's lost $14B in value after #ElonMusk tweeted its shares were overpriced (link)
π #JeffBezos is being called to testify before Congress over βmisleadingβ statements from #Amazon (link)
π° @iXDaily via @PerspectiveIX
π Weekly Newsletter.
Forwarded from π° [ ix daily ]
Tech, Media, and Business News Headlines β Day 3
π #Intel is in talks to acquire #Moovit for ~$1B (link)
π #Uber to require masks or face coverings for drivers and passengers in certain markets (link)
π Security lapse at #Indiaβs #Jio exposed #coronavirus symptom checker results (link)
π #Amazon, #Flipkart, #Ola and #Uber begin to resume their services in #India (link)
π #UberEats exits seven markets (link)
π The 13-inch #MacBook Pro gets #Appleβs much-improved keyboard (link)
π Poynter Instituteβs International Fact-Checking Network launches chatbot on #WhatsApp to debunk thousands of #coronavirus-related hoaxes (link)
π° @iXDaily by @PerspectiveIX
π Weekly Newsletter.
π #Intel is in talks to acquire #Moovit for ~$1B (link)
π #Uber to require masks or face coverings for drivers and passengers in certain markets (link)
π Security lapse at #Indiaβs #Jio exposed #coronavirus symptom checker results (link)
π #Amazon, #Flipkart, #Ola and #Uber begin to resume their services in #India (link)
π #UberEats exits seven markets (link)
π The 13-inch #MacBook Pro gets #Appleβs much-improved keyboard (link)
π Poynter Instituteβs International Fact-Checking Network launches chatbot on #WhatsApp to debunk thousands of #coronavirus-related hoaxes (link)
π° @iXDaily by @PerspectiveIX
π Weekly Newsletter.
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π€― Jeff Bezosβ staggering Wealth
one pixel at a time
See it here: https://prs.pctvix.co/3flv3SM
Created by Matt Korostoff.
#JeffBezos #Amazon
π¦ @perspectiveix
one pixel at a time
See it here: https://prs.pctvix.co/3flv3SM
Created by Matt Korostoff.
#JeffBezos #Amazon
π¦ @perspectiveix
Forwarded from π° [ ix daily ]
Tech, Media, and Business News Headlines β Day 4
π #Amazon VP resigns after nearly six years, criticising the company on his blog for firing protesting workers (link)
π #Microsoft says there's been a 75% YoY jump in time spent in #Windows 10, and Windows 10X (link)
π #GoogleMeet shows up in #Gmail inboxes β a little too late (link)
π #Indiaβs Glance tops 100 million daily active users in 21 months (link)
π #Amazon is launching Crucible: a free-to-play multiplayer game on May 20th (link)
π° @iXDaily by @PerspectiveIX
π Weekly Newsletter.
π #Amazon VP resigns after nearly six years, criticising the company on his blog for firing protesting workers (link)
π #Microsoft says there's been a 75% YoY jump in time spent in #Windows 10, and Windows 10X (link)
π #GoogleMeet shows up in #Gmail inboxes β a little too late (link)
π #Indiaβs Glance tops 100 million daily active users in 21 months (link)
π #Amazon is launching Crucible: a free-to-play multiplayer game on May 20th (link)
π° @iXDaily by @PerspectiveIX
π Weekly Newsletter.
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π¦Ύ Super Jeff
"I feel like everyone knows that the first rule of being the richest man in the world is never get caught on video with robotic supervillain arms." β Aaron Levie
#JeffBezos #Amazon
π¦ @perspectiveix
"I feel like everyone knows that the first rule of being the richest man in the world is never get caught on video with robotic supervillain arms." β Aaron Levie
#JeffBezos #Amazon
π¦ @perspectiveix
ββπ Worldβs 10 Most Valuable Brands in 2020
For the eighth year running, #Apple is at the top of the list of most valuable brands in the world, keeping its lead over top companies like #Amazon, #Microsoft and #Google, according to Interbrandβs latest annual rankings. Although there has been some shifting around in positions, all of the brands in the top 10 last year remained there this year.
Of the 43% of brands that benefited from a lift in value this year, #Amazon (60%) and #Microsoft (53%) were the fastest risers. #Spotify also had a significant increase, up 52% to $8.4 billion (#70).
Other fast-risers this year include:
- #Netflix: +41% to $12.7 billion (#41);
- #Adobe: +41% to $18.2 billion (#27);
- #PayPal: +38% to $10.5 billion (#60);
- #Apple: +38% to $323 billion (#1); and
- #Salesforce: +34% to $10.8 billion (#58).
This year, five brands dropped off the top 100 list, making room for five new entrants. One of those new entrants is #Instagram, which makes its debut to the list at #19 with a brand value of $26.1 billion. #YouTube (#30) joins Instagram on the list of new entrants with a brand value of $17.3 billion. Both of these brands are also favorites among social media marketers.
The remaining three new entrants are:
- #Tesla (#40; $12.8 billion);
- #JohnnieWalker (#98; $4.6 billion); and
- #Zoom (#100; $4.5 billion)
Download the full report here.
π¦ @perspectiveix
For the eighth year running, #Apple is at the top of the list of most valuable brands in the world, keeping its lead over top companies like #Amazon, #Microsoft and #Google, according to Interbrandβs latest annual rankings. Although there has been some shifting around in positions, all of the brands in the top 10 last year remained there this year.
Of the 43% of brands that benefited from a lift in value this year, #Amazon (60%) and #Microsoft (53%) were the fastest risers. #Spotify also had a significant increase, up 52% to $8.4 billion (#70).
Other fast-risers this year include:
- #Netflix: +41% to $12.7 billion (#41);
- #Adobe: +41% to $18.2 billion (#27);
- #PayPal: +38% to $10.5 billion (#60);
- #Apple: +38% to $323 billion (#1); and
- #Salesforce: +34% to $10.8 billion (#58).
This year, five brands dropped off the top 100 list, making room for five new entrants. One of those new entrants is #Instagram, which makes its debut to the list at #19 with a brand value of $26.1 billion. #YouTube (#30) joins Instagram on the list of new entrants with a brand value of $17.3 billion. Both of these brands are also favorites among social media marketers.
The remaining three new entrants are:
- #Tesla (#40; $12.8 billion);
- #JohnnieWalker (#98; $4.6 billion); and
- #Zoom (#100; $4.5 billion)
Download the full report here.
π¦ @perspectiveix