Monday, July 29, 2024

Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023 (Wall Street Journal)

Wall Street Journal:
Sources: Twitch remains unprofitable a decade after Amazon's acquisition; Docs show Twitch generated ~$667M in ad revenue and $1.3B in commerce revenue in 2023  —  Amazon Paid Almost $1 Billion for Twitch in 2014.  It's Still Losing Money.  The live-video service has slowing user growth …



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Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% (Abhinav Parmar/Reuters)

Abhinav Parmar / Reuters : Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on...