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Streaming video shows healthy growth in the DACH region
The market for pay TV and paid video content is thriving in Germany and the entire DACH region, according to a recent report by VAUNET[i]. In Germany, total revenue from pay television and paid video-on-demand in 2021 rose by 13.1% to reach €4.7 billion and is expected to grow by another 8.8% to €5.1 billion […]
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Apple, Amazon, and Spotify’s results thaw the app economy slowdown
The digital economy has had a sobering last few months with the plunging stock markets and valuations. However, the recent results from the two tech behemoths have instilled a degree of confidence in the digital and the app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from […]
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"Mobile Subscription Bundling" in the spotlight
The Digital Transformation event hosted by the Mobile Ecosystem Forum earlier this month included a panel discussion moderated by James Williams, Director of Programmes at MEF, to discuss the proliferation of mobile subscription bundling and unpack the underlying partnership models between telcos and merchants, especially in the OTT and gaming categories. The panelists included DOCOMO […]
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The battle for the POS experience heats up
Shopify recently announced the availability of the Shopify POS and integrated hardware, Wisepad 3, to merchants in Singapore, an important regional retail and tourist hub in Asia. Shopify merchants will have access to a single back office that will let them manage products, payments, and customers across all the places where they sell, in-store and online. […]
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Streaming video’s evolving demographic divide
Linear or traditional television’s decline in recent years has been attributed to the growth of subscription video on demand. “Chord-cutting,” the phenomenon of consumers discontinuing their cable subscriptions, was considered something the younger generation would do. And given that live sports and news have been the two staple genres of the cable bundles catering to […]
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Sobering fintech valuations amidst macro headwinds
Swedish payments firm Klarna Bank AB has raised $800 million of funds at a valuation of $6.7 billion, down around 85% from its $46 billion valuation in 2021. One of the beneficiaries of increased online shopping driven by the pandemic, Klarna, which provides “buy now, pay later” (BNPL) services, went on to become Europe’s most […]
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App economy to grow with smartphone proliferation
The mobile app marketplace may have cooled off in 2022 slightly from the pandemic-induced growth in 2020-21. However, there are no signs of reversal, with global consumer spending on mobile apps forecast to reach $233 billion by 2026, according to Sensor Tower’s last report[1]. The App Store will account for $161 billion, growing at 13.7%, […]
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Emerging markets: the next frontier of growth for streaming video
Netflix recently announced that the company is doubling down on the emerging markets in Asia and Latin America to drive the next stage of growth for the streaming bellwether. More Interestingly, Tony Zameczkowski, VP of business development for the Asia Pacific, made an interesting comment. He noted, “There are similarities between emerging Asia and other […]
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Real-time payments ecosystem expands
According to the latest FIS Payments Report[i], eCommerce posted a strong resurgence in 2021– and the travel sector in particular – began to recover from the early impacts of the pandemic, exceeding US$5.3 trillion in transaction value. The share of mobile commerce exceeded that of desktop e-commerce in 2021, with over half of the consumers […]
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The evolving OTT media landscape
According to the recently released “Global Entertainment and Media Outlook, 2022-2026” by PwC[i], over-the-top (OTT) video grew an additional 22.8% in 2021, pushing revenue to US$79.1 billion. However, the pace of OTT revenue growth will moderate from here; it is expected to grow at a 7.6% CAGR through 2026 to US$114.1 billion. Traditional TV, beset […]
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The evolving payment landscape in Southeast Asia
Southeast Asia’s Internet economy is forecast to grow to US$360 billion by 2025, according to a study by Alphabet’s Google, Temasek, and Bain. However, of the 670 million people in the region, only 27% of the population have bank accounts. This sizable gap in traditional banking penetration has resulted in at least 438 million unbanked […]
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Fintech brands predict the rise of embedded finance
Thousands of delegates descended upon Amsterdam to be a part of Money 20/20 Europe last week, the flagship conference for the entire fintech ecosystem. While embedded finance, cryptocurrencies, the metaverse, and web3 featured prominently as themes during the keynotes and headline panel discussions, payments did get its fair share of attention as one of the […]