Here’s your morning roundup of the biggest marketing, advertising and media industry news and happenings.
Jan 10, 2018 · CMO Today: Leaked Snap Stats; Hulu Reaches $1 Billion In Ad Revenue; Publishers Leap to Facebook Groups Here’s your morning roundup of the biggest marketing, advertising and media industry news
Google’s India revenues reached $1 billion only last year. Facebook and Google declined to comment on Indian revenue figures or the competition between the two companies. Google is now pushing back, attempting to lure customers with better ad-buying tools and more localized services.
According to recently leaked documents from inside the company, Snapchat, a $59 million business as of last year, aims to haul in $250 million to $350 million this year and $500 million to $1
Pangea is buying Toshiba with around $1.9 billion from Bain Capital and $240 million from Japan’s Hoya. South Korea’s SK Hynix will pay $3.50 billion while U.S. investors, including Seagate Technology, Kingston Technology, Apple, and Dell Technologies will pitch in $3.7 billion. Loans will account for another $5.3 billion of Pangea’s funding.
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Today many people are familiar with this puzzle and its solution. In the 1970s, however, very few were even aware of its existence, even though it had been around for almost a century.
“Snapchat lost more than $128 million in the first 11 months of 2014, according to a financial statement leaked earlier this year, which also showed Snapchat had revenue of $3.1 million. Its advertising business began in mid-October.
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Online smartphone sales to cross $1 billion in festive sale: Counterpoint The sales are likely to hit record numbers both in terms of volume and value with online channels accounting for 42 per cent of the total sales, a report said.