On today's episode, we discuss the highlights from Snapchat's user growth and revenue picture in Q1. We then talk about Snapchat integrating a fashion recommendation company into its app, how social media behaviors have evolved because of the pandemic, and Facebook's latest ad offerings. Tune in to the discussion with eMarketer principal analyst Debra Aho Williamson and forecasting analyst at Insider Intelligence Nazmul Islam.
A paid version of Facebook: The social media giant asks users to enable tracking under Apple's new privacy framework in order to keep its services free of charge.
Amazon's reach: During its first Newfronts presentation, Amazon claims its OTT streaming business and Twitch now reach 120 million monthly viewers.
Wealthsimple has secured $559M in funding at a $3.7B valuation thanks to the success of its retail trading and new crypto and P2P money transfer products. The Canadian fintech should now roll out customized portfolio options to double down on growth.
Revolut to roll out Bitcoin withdrawals: The UK-based neobank will let its paid Metal users withdraw Bitcoin in amounts of up to £500 ($641.18) daily and £1,000 ($1,282.36) monthly, giving it a chance to bring in customers who appreciate the flexibility.
Virgin Money boosts UK SMB lending experience with partnership: The UK bank’s latest fintech team-up demonstrates a focus on pivoting to post-pandemic customer retention.
Here's where people are buying cryptos
The pandemic not only altered consumers’ shopping behaviors, but it also changed how they pay for goods and services.