Global Smartphone Market Plummets 14%, Apple Only Growing Vendor
The global smartphone market contracted by 14% in Q2 2020, with 285 million smartphones shipped, according to the latest figures from market... Read More
ACCC Release Framework For Google & Facebook To Pay Oz Media For Content
The ACCC has released a draft mandatory code of conduct that would allow Australian media companies to bargain with Google and Facebook... Read More
LG Smartphone Sales Up 31%, Holds Steady In Appliances
In Q2 2020 LG’s smartphone sales increased by 31.1% quarter-on-quarter to hit 1,309 billion Korean won (A$1.53 billion), but the segment is... Read More
Amazon’s Sales Surge 40% As Shoppers Move Online
Amazon’s net sales increased by 40% year-on-year (y-o-y) to $88.9 billion in Q2 2020, as shoppers across the globe moved to online... Read More
Foxtel Signs Major Licensing Agreement With Entertainment One
Foxtel has reached a new agreement with Entertainment One (eOne), which will see a host of critically acclaimed and award-winning feature films... Read More
Alphabet’s Revenue Falls For The First Time As Advertising Dries Up
Alphabet, which owns Google and YouTube, has recorded its first ever quarter of revenue falls, as advertisers cut down on spending during... Read More
Huawei Leads Global Smartphone Market For First Time, Despite Falling Sales Overseas
China’s Huawei shipped more smartphones worldwide than any other vendor for the first time in the second quarter of 2020, despite its... Read More
Garmin’s Revenues Down 9%, Led By Sharp Fall In Auto Products
Garmin’s total revenue fell by 9% year-on-year in Q2 2020 to $870 million, despite the brand’s fitness segment increasing by 17%, driven... Read More
Wesfarmers Bought Catch For $230M – It’s Now Worth $1B
In June 2019 Wesfarmers purchased Catch Group – which owns the ecommerce site Catch.com.au – for $230 million. Now, analysts and fund... Read More
Shopify Sales More Than Double In Q2 As Merchants Move Online
Shopify’s gross merchandise value (GMV) – that is, the total value of goods sold on its platform – more than doubled in... Read More