Hope you’ve cleared your inbox from GDPR notifications and have managed to get back to business by now. So what happened in May, other than the new European data regulation?
Stories on digital content services (especially streaming) caught our eye the most. By chance, we published two research materials during the month on the subscription business model that these merchants so depend on. Make sure to check out our subscription retries case study as well as the white paper on user acquisition, verification and churn. In other news, we also shed some light on Latin America with our 42-page report on carrier billing in the region.
But enough about us. For an overview of May, check out the monthly news summary of the biggest stories from the industry below.
- The Verge: Facebook and Google hit with $8.8 billion in lawsuits on day one of GDPR
- HBR: 18 of the Top 20 Tech Companies Are in the Western U.S. and Eastern China. Can Anywhere Else Catch Up?
- Medianama: JioPhone's KaiOS becomes India's 2nd most used beating Apple iOS
- PYMNTS: Samsung - Cash Back And Rewards Deliver Omnichannel Value To Consumers
- NY Times: PayPal Agrees to $2.2 Billion Deal for European Payments Start-Up iZettle
- Sharenet: Payments firm Adyen plans June listing amid flurry of deals
- The Street: PayPal CEO Dan Schulman - In 20 Years "There Will Be No More Credit Cards"
- E-Commerce IQ: Grab and Go-Jek - Payments in Southeast Asia Heat Up as Companies Roll Out New (Old) Features
- TechCrunch: Instagram quietly launches payments for commerce
- Economic Times: Walmart acquires Flipkart for $16 billion in world’s largest ecommerce deal
- Tuoi Tre News: Foreign transportation apps ready to ride in Vietnam
- TechCrunch: Chinese bike-sharing giant Mobike is making big plans for India
- Billboard: Apple Music Hits 50 Million Subscribers
- TechCrunch: Spotify tests consumer interest in a bundle with both Hulu and Scribd’s audiobooks
- The Guardian: Amazon Prime Video's growth outpaces Netflix in UK
- Medianama: Xiaomi launches streaming apps Mi Music and Mi Video
- TechCrunch: YouTube revamps its Red subscription service to offer standalone music streaming
- Business Insider: Pandora is skyrocketing after losing less money than expected
- TechCrunch: Hulu passes 20 million subscribers, will finally offer offline viewing
- E27: Dating app Paktor is heading towards an IPO on the New York Stock Exchange
- TechCrunch: Tencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao
- Telecom Asia: PCCW Media launches entertainment OTT platform