Pix continues to grow like a weed. More than 64bn txns in 2024 80% more than cards

37% of the world's population have NEVER used the internet. Another TIL in 2022 from @TomWhitwell

Favourite fun fact from @TomWhitwell's "52 things I learned in 2022" post. In 1739, there were THREE times as many coffee shops per head in London compared to today. More here:

Amazing where you can get data from nowadays. A Wi-Fi router company can tell you that Peloton usage is down 23% YoY. Smart TVs and smart speakers appear to doing fine though (or maybe that’s just the smart speaker listening rather than being used).

The growth of real-time account to account payments like PIX and UPI is insane, eclipsing "mature" markets UK has 5.7 faster payments/adult/month. India has >6 p/a/m Launched <2 years ago, Brazilians make 12.9 p/a/m - 2X UK chart below shows totals

@profgalloway's take on TikTok. It's not meta that should be worried, it's Netflix. With more data and cheaper content creation costs, it's blasted past them both in value and minutes watched.

Even my best friends would never have me down as a Tiktok guy. I'm not a Tiktok guy, but look at this... Excel Tiktok. I might have to reconsider.

Subscriptions for everything… Cars have been improving in quality for a while, so it makes sense to subscribe, rather than buy. As in so many other things. Better for buyers and sellers.

In video streaming YouTube can be underestimated. In Q4-2021 its revenue was greater than Netflix's.

eCommerce in China is different to the West. ‘Lipstick Brother’ Livestream Has Record $2 Billion Day

When people start using a payment method instead of Tinder, that's when you know that it's hit the mainstream. Go PIX!

Revolut: Valuation at last funding - £33bn NatWest: Valuation just now - £30bn Wow.

Cards' share of payments has been reducing for a while, driven down by new methods like wallets and Buy Now, Pay Later, but here's concrete evidence: 11% reduction in revenues, exacerbated by COVID

RT @AlexSelbyB: I'm guessing a lot of "substitute teachers" need a little help today

Mobile gaming is HUGE... $85bn out of the $165bn global gaming industry

Peak processing volumes on Single Day for Alibaba increased 544,000 transaction per second in 2019 to 583,000 in 2020 all running 100% in cloud based systems. Wow!

As the Western world embarks on Black Friday, it's worth remembering that Singles Day in China is much, much bigger.

@benedictevans I first saw this distinction in the excellent book “Europe: A History” by Norman Davies. Lots of other good stuff in there.

US Cable TV is dying. Used to have 100m subs. Have lost 25m and expectation is that a further 25m will go in the next five years. Fat bundles are over. At 50m subs, the cord that held the industry together, made it viable, has been cut.