Sunday, December 18, 2022

Douyin has become China's fourth biggest e-commerce company by GMV, as short videos prove ideal as bait for long ads by giving higher purchase conversion rates (Bryce Elder/Financial Times)

Bryce Elder / Financial Times:
Douyin has become China's fourth biggest e-commerce company by GMV, as short videos prove ideal as bait for long ads by giving higher purchase conversion rates  —  Understanding the appeal of adverts for adverts  —  Once again, very serious people are talking very seriously about the geopolitical threat posed by dance skits.



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ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company at $700M and taking a roughly 5% stake (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : ServiceNow invests $40M in banking software specialist BusinessNext, valuing the 24-year-old Indian company ...