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The U.S.- based mortgage company Better.com, which went public via SPAC merger with the Aurora Acquisition Corp. in August 2023, enjoyed the implied valuation of almost seven billion U.S. dollars, despite having seen its profits deteriorate in the previous year. SPAC mergers in the alt-tech scene SPAC mergers have become an increasingly common way for non-mainstream social media companies and alt-tech platforms to enter the public market. The number of Truth Social app downloads in the United States barely reached 100 thousand in February 2024. Despite this, Truth Social had a grandiose market debut, peaking at almost 80 U.S. dollars per share. Launched in February 2022, Truth Social is a microblogging platform that proposes to uphold freedom of expression by giving voice to the alt-right political figures in the American public debate. Similarly, online video platform Rumble, which monetizes content from creators such as Andrew Tate and Russell Brand, chose to go public via a SPAC merger with CF Acquisition Corp VI on September 15, 2022. The quarterly revenue generated by Rumble was almost 18 million U.S. dollars in the third quarter of 2023, down by 30 percent compared to the previous period. In comparison, the hours of uploaded video content on Rumble keep climbing to increasingly high output results, a sign that content creators have been using the platform more than in previous years. Latest social media IPOs March 2024 marked the resurgence of social media IPOs. On March 21, 2024, social forum Reddit began officially trading on the New York exchange. The platform, which was launched in 2005, first expressed its wish to go public in December 2021. Reddit was valued at 6.5 billion U.S. dollars in its pre-IPO stand, but managed to surpass a 10 billion valuation after its market debut. Within the ranking of estimated valuation of selected social media platforms at their entrance into the public market, Reddit positions itself in the mid to low tier of the scale. Former president Donald Trump’s Truth Social, which went public via a SPAC merger in the same month, enjoyed a valuation of approximately eight billion U.S. dollars. The largest social media IPO recorded in the last 15 years was Facebook, which went public at a valuation of 104 billion U.S. dollars. Among the companies that have expressed the will to go public, communication and social networking platform Discord Inc. stands out thanks to its estimated 2022 valuation at 10 billion U.S. dollars. Read more APR 1, 2024 | NATIONAL SECURITY GEOPOLITICAL RISK INDEX 1985-2024 Since the monthly counting of the Geopolitical Risk Index (GPR) started in 1985, the index peaked in October 2001, immediately after the 9/11 terrorist attack on the World Trade Center and Pentagon in the United States. The attack is perceived to be the deadliest terrorist attack in the 20th and 21st century, and ultimately caused the start of the so-called war on terror, with U.S. invasions of Afghanistan (2001) and Iraq (2003) following in the aftermath. Russia-Ukraine war The GPR was also high in March 2022 following Russia's invasion of Ukraine at the end of February that year. The attack on an independent state meant that the relations between Russia and the West reached a new low after the collapse of the Soviet Union, and several sanctions were imposed on Russia. 1991: a turbulent year Apart from the 9/11 attacks in 2001, the index reached its highest level in January 1991. This was a result of the ongoing Gulf War following Iraq's invasion of Kuwait, but also Soviet troops storming the Lithuanian capital in order to stop the country's secession from the Soviet Union. Additionally, a massacre of Tutsi in Rwanda highlighted the growing tensions in the East African country, which ultimately resulted in the genocide in 1994. Read more APR 2, 2024 | APPS MONTHLY GLOBAL DOWNLOADS OF TEMU SHOPPING APP 2022-2024 The popularity of ecommerce platform Temu has been surging since its debut in the fall of 2022. In March 2024, the app was downloaded over 41 million times all over the world, making it more popular than Amazon’s marketplace app. What is Temu? Temu, which is owned by the Chinese online retailer PDD Holdings, has successfully replicated the meteoric growth of its sister app Pinduoduo in overseas markets through effective marketing campaigns. Focusing on providing low-cost products with free and fast shipping, Temu has emerged as a wallet-saving alternative amidst rising inflation. The newcomer has also followed the playbook of Pinduoduo, such as gamification features and personalized purchase recommendations, to make shopping on mobile more fun. Who is using Temu? These strategies work. In the first five months of 2023, Temu generated over 1.5 billion U.S. dollars in gross merchandise volume. It has caught the eye of inflation-weary shoppers in the West, particularly young people in the United States and Mexico. In April 2023, Temu achieved its first milestone of over 100 million active users in the United States. Read more MAR 26, 2024 | ENVIRONMENTAL TECHNOLOGY & GREENTECH GLOBAL COMMERCIAL CARBON SEQUESTRATION PROJECTS 2024, BY MAJOR COUNTRY The United States had the highest number of projects in the commercial carbon capture and storage (CCS) facilities pipeline worldwide as of March 2024. There were 149 commercial CCS projects in the U.S. in 2024, 16 of which were operational. Canada and the United Kingdom followed, with 49 and 48 CCS projects in the pipeline, respectively. Read more MAR 27, 2024 | ELECTIONS U.S. TOP PRESIDENTIAL CANDIDATES FOR 2024 ELECTION JANUARY 2024, BY AGE As of March 2024, approximately 26 percent of Americans between the ages of 18 and 34 reported that they would vote independently in the 2024 presidential elections if Joe Biden was the Democratic candidate and Donald Trump the Republican candidate. Of those, 21 percent said they would vote for Robert F. Kennedy Jr. Read more MAR 26, 2024 | DEMOGRAPHICS RANKING OF THE 22 RICHEST PEOPLE IN CHINA AS OF 2024 As of January 2024, Zhong Shanshan topped the list of the richest people in China with a net worth of 63 billion U.S. dollars. Huang Zheng, founder of Pinduoduo, and Ma Huateng, founder of the IT giant Tencent, came in second and third respectively, while Ma Yun, founder of the IT giant Alibaba, fell back to the tenth place. Ultra-high net worth individuals (UHNWI) in China Net worth refers to the amount of value by which an individual’s assets exceed their liabilities. It is usually cited to demonstrate the economic position of a person. Following China’s extensive economic development over the past two decades, the number of wealthy people had been rapidly growing as well. According to Hurun Research Institute, Greater China was the region with the largest number of billionaires worldwide as of 2024, with a total number of 814 billionaires. As of January 2022, the number of millionaires had amounted to approximately 20,400 people in Beijing alone. Unsurprisingly, the majority of high-net worth individuals lives in one of the four first-tier cities Beijing, Shanghai, Guangzhou, and Shenzhen. Chinese billionaire's sources of wealth Chinese millionaires have accumulated their wealth primarily as private entrepreneurs. Most of the people listed among the 20 wealthiest Chinese in 2024 had owned their own companies. Zhong Shanshan, who topped the list of richest people in China in 2024, has made his fortune as founder of the beverage company Nongfu Spring. Read more MAR 27, 2024 | B2C E-COMMERCE INDIA: TOP 10 ONLINE STORES Ajio.com is leading the Indian e-commerce market, with e-commerce net sales of over 2.3 billion U.S. dollars generated in India, followed by jiomart.com with over 1.6 billion in sales. Third place is taken by reliancedigital.in with revenues of nearly 1.5 billion USD. For an extended ranking as well as rankings in specific product categories, please visit ecommerceDB.com. The eCommerceDB provides detailed information for over 30,000 online stores in more than 50 countries, including detailed revenue analytics, competitor analysis, market development, marketing budget, and interesting KPIs, such as traffic, shipping providers, payment options, social media activity and many more. Read more MAR 27, 2024 | STOCKS EURONEXT: MARKET CAPITALIZATION OF LARGEST COMPANIES 2024 As of March 2024, the largest company by market capitalization listed on the Euronext stock exchange was the French luxury goods company LVMH, which consists of Louis Vuitton, Moët and Hennessy. At this time, the company's market capital value was around 410 billion euros and in second place was the Dutch company ASML Holdings with nearly 360 billion Euros. Read more MAR 28, 2024 | ELECTRICITY HOUSEHOLD ELECTRICITY PRICES IN AFRICA 2023, BY COUNTRY Cape Verde recorded the highest electricity price for households in Africa. As of June 2023, one kilowatt hour cost around 0.31 U.S. dollars in the country. Rwanda and Mali followed, with households paying 0.23 and 0.22 U.S. dollars per kilowatt hour, respectively. Burkina Faso, Gabon, and Kenya also recorded expensive prices for electricity on the continent. On the other hand, Libya, Ethiopia, and Sudan registered the lowest prices for electric energy in Africa. Read more MAR 27, 2024 | KEY ECONOMIC INDICATORS INFLATION RATE AUSTRALIA Q1 2021-Q4 2023 The inflation rate in Australia was at 4.1 percent as of the fourth quarter of 2023. This was a decline of 3.7 percentage points from the high of 7.8 percent in the fourth quarter of 2022. Read more POPULAR TOPICS STARTING POINT OF YOUR RESEARCH * Amazon * Apple * Facebook * Google * Netflix * Nike * Starbucks * Tesla * Walmart * Agriculture * Automotive * Pharmaceuticals * Tourism * Wellness * Advertising * E-Commerce * Video Games * Virtual Reality * Employment * GDP * Health * Population * Poverty * Terrorism * Forecasts * European Union * Germany * India * United Kingdom NEWS & REPORTS EXPERT RESEARCH IN CONDENSED FORM Updated STATISTA REPORT: REDDIT DEEP DIVE Social media, news aggregator, and online forum: Reddit has seen enormous growth in less than 20 years - but how does the "front page of the internet" make money? This deep dive takes a closer look at Reddit, with chapters including: * Product overview * Company overview * Business model * Key takeaways More Information * * * * * * New CONSUMER INSIGHTS: NEW REPORTS Discover brands and audiences worldwide with 15k reports based on the latest Consumer Insights survey data, and published in Q1. * All relevant brands from 50 industries * Drilling down to 500+ target audiences * Covering over 50 countries More Information * * * * * * New CONSUMER INSIGHTS: DIGITAL MEDIA BRAND KPIS Is Facebook or YouTube more popular? Answer: Yes. Discover the latest brand KPI data for the most relevant digital and social media brands. * Awareness, usage, popularity, loyalty, buzz * Digital music, messengers, social media, video game subscriptions, VoD * Now measuring additional brand qualities More Information * * * * * * New MARKET INSIGHTS: NEW TRANSPORTATION MARKET New Transportation market in the industrial topic. What is included: * Transportation markets contains 7 markets. * The market comprises of value added, freight volumn transported, transportation intensity, land shared emissions and top european ports and airports. * Time frame: 2018 to 2029. More Information * * * * * * Updated STATISTA REPORT: MEAT TRENDS IN EUROPE With the exception of chicken meat, meat consumption is forecast to decrease in Europe. This report gives an overview of meat consumption trends, with chapters including: * Meat consumption trends * Consumer behaviors * The future of meat More Information * * * * * * New CONSUMER INSIGHTS: NEW GLOBAL SURVEY DATA The latest survey data from Q4 2023 for you to discover in our Consumer Insights tool. * New data from over 90,000 consumer interviews * Covering 21 countries, including the U.S., UK, Canada, India, China, and Germany * Explore brands, track trends, and understand audiences More Information * * * * * * New STATISTA REPORT: UK SUPERMARKET COMPETITION This report provides insight in to Tesco's position as market leader as well as the wider industry, answering key questions including: * What gives Tesco the edge? * How are discounters disrupting the status quo? * What are the key competitive strategies at play? More Information * * * * * * Updated STATISTA REPORT: MEAT TRENDS IN EUROPE Meat consumption is forecast to decrease in Europe, with only chicken meat consumption showing growth. This report gives an overview of meat consumption trends, with chapters including: * Meat consumption trends * Consumer behaviors * The future of meat More Information * * * * * * New MARKET INSIGHTS: NEW MEDICAL DEVICE MARKETS The following markets have been added to the Medical Devices market: * Endoscopic Devices * Diabetes Care Devices * Dental Devices The markets include revenue data and market-specific kpis for 152 countries and 41 regions with a time horizon up to 2028. More Information * * * * * * News archive OUR NEWS ARCHIVE Are you looking for older news entries? Unfortunately, we can’t show all current and important topics on our start page. Have a look at our news archive to search for archived news entries which are no longer current but still worth keeping. 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