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And 80% of these users are considered active. 92 million are located in Brazil, and currently there aren鈥檛 any users outside of Latin America鈥攚hich raises questions about Nubank鈥檚 ability to expand beyond the region. And given the challenges of buying or becoming a bank in the US, it likely won鈥檛 enter that market soon.

In 2023, it will have more than five times the number of users as second-ranked Latin America鈥攁nd more users than all other regions combined. The top five countries for social media penetration among internet users will be in Asia鈥攖he Philippines, China, Vietnam, Malaysia, and Thailand.

Latin America will be the top region for ecommerce growth, but not overall. It will keep up its 2023 momentum, but stronger physical sales in Central and Eastern Europe mean that region will lead the world in total retail sales growth.

Marketers in countries that benefit from maintaining a good relationship with China, including those in Latin America and Southeast Asia, should be less concerned about a potential ban. Data privacy attitudes and policies also matter. EU governments have historically been stricter than the US on data privacy and security.

Conversely, low-internet-penetration countries (including in Latin America and large parts of Asia-Pacific and the Middle East and Africa) will have online samples that contain proportionally higher levels of young, urban, and educated individuals, reflecting the nature of internet usage in those countries.

The retailer plans to expand its physical footprint by opening 500 to 600 shops across Asia, Latin America, and Europe in the next few years. On Monday it teased a potential collaboration with Beyonc茅 in an Instagram post featuring the caption 鈥淚NTRODUCING: A New Chapter.鈥�

Europe and Latin America will have the next-highest penetration rates. Smartphone usage is highest in North America. 蘑菇AV 77% of its population will use a smartphone in 2023鈥攎ore than 10 percentage points higher than Europe. North America鈥檚 penetration rate will reach just over 80% by 2027. Mobile usage among children is also one of the highest. Canada ranks just behind Germany and Argentina.

After making various tie-ups and investments in Southeast Asia, the company is now focused on Europe, Latin America, and the Middle East. Our take: Adding diversified payment methods should also help Adyen鈥檚 terminal gain traction.

Bluesky鈥檚 funding round contrasts with Meta: The smaller social platform is gaining ground, but its ad model remains a question.

Latin America will remain the largest emerging region for ecommerce for the foreseeable future. Southeast Asia has outpaced Latin America鈥檚 growth for the last few years, but that trend will tail off starting in 2024. The gap between the two regions will stabilize over the remainder of our forecast period.

So in every region except Latin America, we saw growth in smart TV ownership pushing north of 50%. I mean, Latin America is the world leader. It's north of 60%. And it declined slightly last year, but it is a leader by such a margin that it's not really alarming.

The same is true for international expansion: Ad revenue growth was strongest in Meta鈥檚 rest of world segment, which includes Latin America and Africa, at 33%.

I know you've got a really good handle of the landscape in LATAM. Tell us about that. Matteo Ceurvels:. Yeah, so like other markets, data is very scarce, so you have to do a bit of data sleuthing to make some very good informed insights. But within Latin America specifically, we've identified that there are over 15 players, roughly 17 that we could confirm.

Dorsey said Block was eyeing regions where the population with internet access will grow the fastest鈥攊ncluding Africa, Latin America, Asia, and Oceania. Artificial intelligence. Block plans to introduce machine learning across all its products and services, according to Dorsey, to improve efficiency and create new features for customers.

Implementing new password restrictions in Latin America, Canada, New Zealand, Spain, and Portugal. Strengths. Netflix still dominates in time spent. Being the original subscription video-on-demand (SVOD) service has given Netflix the advantage of familiarity over its global rivals.

Shake Shack looks to broaden its reach: The burger chain plans to more than quadruple its footprint in the coming years while preserving its status as a premium brand.

The National Retail Federation鈥檚 (NRF) Big Show closed earlier this week, bringing together retailers, tech companies, and industry experts to discuss the future of retail. Key takeaways included Gen Z鈥檚 influence on shopping, which will last even if TikTok goes away, the accelerating trend cycle, hesitation to adopt new payment technologies, and the transformation of digital grocery. Here are four takeaways from the event.