Reddit App usage soars 25% Year-over-Year Edith Muthoni May 24, 2022 0 Comments The social platform Reddit relaunched its community-driven demonstration r/Place on April 1. According to data compiled by tradingplatforms.com, the social experiment on Reddit saw the app experience its highest level of usage to date. Reddit experienced a 25% year-on-year surge in use. This is the highest number of daily active users (DAUs) for its smartphone … Read more
Internet’s crime Business is up 164% to stand at $6.9B Edith Muthoni May 18, 2022 0 Comments Cybercrime is a multi-billion dollar industry, and it’s increasing. It takes countless forms, from hacking and identity theft to fraud, malware, and ransomware. Moreover, it harms individuals and businesses in nearly all industries. New research shows that the rise of IoT devices and increased interconnection of people and firms are fuelling the rise in internet … Read more
India has the highest search engine market share of Google at 94% Edith Muthoni May 17, 2022 0 Comments Google is successful in its native land and beyond. It is the leading search engine in several critical online markets. Besides, it is typically responsible for the majority of desktop search traffic. According to tradingplatforms.com, the tech giant holds a market share of 94.19 percent in India. Again, it accounts for most of the marketplace … Read more
Global consumer spending on Apps reached $32.5B in Q1 ’22 Edith Muthoni May 12, 2022 0 Comments Q1 2022 witnessed the tanking of global consumer spending on in-app purchases. That’s per a TradingPlatforms.com analysis. The website has been following trends in that space and concludes that In-app purchases across all niches raised $32.5B in that period. This figure represents a 0.6% gain from the $32.3B that the sector raised in Q1 2021. … Read more
Microsoft Sites’ 76% surge in 10 years eats into Google Search Engine’s US ground Edith Muthoni May 11, 2022 0 Comments A battle of search engines is shaping up in the US market. Its protagonists are two of the world’s leading tech giants, Google and Microsoft. Although the former has the upper hand in market share terms, the latter has gained ground on it. TradingPlatforms.com has been analyzing data in the search engine space for a … Read more
IBM records a 35% decline in its workforce globally in the last 10 years Edith Muthoni May 10, 2022 0 Comments The International Business Machines Corporation (IBM) has seen a 35% decline in its workforce in the last 10 years. That’s according to a tradingplatforms.com data analysis. The once-dominant computing goliath – nicknamed ‘Big Blue’ has been laying off staff in a bid to be more agile. The corporation employed under 300 thousand people worldwide in … Read more
Valuation of Top 100 Fintech Companies approaches the $3 Trillion Mark Edith Muthoni May 4, 2022 0 Comments Fintech investments have risen steadily since the last global financial crisis. The sector’s growth was a technical solution to the traditional financial services industry. The world financial crisis exposed these weaknesses and so the need for a robust system. Data presented by Tradingplatform.com indicates that the global value of the top 100 Fintech is $2.8T and … Read more
Alibaba records the highest Brand value loss in 2022 Edith Muthoni May 3, 2022 0 Comments Alibaba has recorded the highest brand value loss in the first quarter of 2022. The brand value of the famous online trading platform has plummeted by 42%, according to data from tradingplatform.com Edith Reads from tradingplatform.com attributes the drop to a return of normalcy as the world is facing out Covid-19. She said, “As coronavirus … Read more
Apple’s R&D spend as a percentage of net sales of 7% Lowest among GAFAM Counterparts Edith Muthoni April 26, 2022 0 Comments Apple spends the least percentage of its net sales on Research and development (R&D) among the GAFAM firms. That’s according to a recent tradingplatforms.com data analysis. The website’s analysis indicates that Apple spent $18.75 or 7% of its net sales on R&D. While explaining these figures, TradingPlatforms’ Edith Reads had this to say: “Apple has been … Read more
Number of NFT Sales Increase by 101.1% in 30 Days; First Jump Since January Edith Muthoni April 20, 2022 0 Comments The NFT market has been quite the talk among crypto enthusiasts. After a somewhat successful 2021 for the market, sales began to dip in January and have been on a downward trend ever since. However, things may seemingly be looking up, as the number of sales involving NFTs increase for the first time in months. … Read more