How PDD's Temu, the world's biggest online dollar store, got sucked into President Trump's trade war; eMarketer expects Temu to have $30B in US sales in 2025
along with a 72-hour workweek regime on the side https://www.bloomberg.com/... Zheping Huang / @pingroma : Together, @spencersoper, @ClaireYChe & I take you to the Chinese factory producing random ite...
Walmart says its US ad business grew 30% in the past year from Q2; eMarketer says Walmart will claim 6.8% of 2024 US retail media spending, for $3.7B in revenue
Gregory Meyer / Financial Times :
Research: cost per click for Amazon search ads was $1.16 in May, up from $0.75 YoY; eMarketer says Amazon's ad revenue in the US will cross $20B this year
- Rates in May rose 50% from a year earlier, signaling profits — Merchants look to raise prices to cover cost of visibility
eMarketer expects Amazon Music will pass 35M MAUs in the US this year, up 17.7% YoY, growing faster than any other digital audio service in its forecast
Blake Droesch / eMarketer :
Report: US digital ad spend to rise 16% in 2017 to $83B, as ad revenue of Snapchat to rise 158%, Facebook by 32%, Google by 15%, and Twitter to drop by 4.7%
Snapchat poised for “explosive growth” but will remain a small piece of the entire digital ad pie, according to eMarketer's forecast
Snap Inc. files for IPO, aiming to raise $3B; firm had $404M in revenue in 2016, up 500% YoY, on a $514M net loss
Friday, February 3 Peter Cohan / Forbes : 3 Reasons To Punt On Snap's IPO Chris Smith / BGR : Snap sees Apple is a significant competitor ahead its big IPO Alex Hern / The Guardian : Despite Snapchat'...
Snapchat's head of revenue operations says the company is planning to introduce behavioral ad targeting in Q3 2016
Snapchat is planning to introduce behavioral targeting for advertisers, the company's director of revenue operations Clement Xue revealed in an eMarketer report published earlier this week.