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The reductions have landed worldwide in regions like Eastern Europe, sub-Saharan Africa, the Middle East, Southeast Asia, and Latin America, per The Wall Street Journal. In some countries, subscription costs were cut as much as 50%.

It claims this makes it the sixth-largest financial institution in Latin America by active customers. What this means: Surging profit and revenue growth show that Nubank has, so far, successfully bucked the global economic downturn and political turmoil that has rocked Latin America.

Companies like Mercado Libre in Latin America and Alibaba, JC.com, and Meituan in China will account for a lot of retail media business internationally. Use this chart:. Demonstrate the growth of retail media advertising. Assess retail media鈥檚 role in digital advertising. More like this:. 5 recent charts forecasting how ad spend is changing, from retail media to programmatic.

This comeback will be led by improvements in big markets like Western Europe, North America, and China, but developing markets in Latin America, Southeast Asia, and India will also drive ecommerce growth worldwide. Use this chart:. Use newly stable trendlines to inform long-term decision-making. Understand ecommerce as a segment of overall retail. More like this:.

Time spent with all media formats in other major markets鈥攊ncluding Asia-Pacific (including India and Hong Kong), Southeast Asia (including the Philippines and Thailand), Western Europe (including Italy and Spain), and Latin America (including Argentina, Colombia, and Mexico)鈥攈ave either remained the same or declined YoY. 鈥淭here鈥檚 no need for panic,鈥� Mander said.

That鈥檚 important, since that region monetizes significantly better than Latin America or Asia-Pacific. 鈥�.

The firms already work together in key regions like Latin America. What this means: The expanded partnership helps Paysend and Mastercard build out their respective money transfer networks. Paysend can use Mastercard鈥檚 cross-border payment services to reach more markets.

Visa also signed several global fintech deals in Latin America, Australia, and India. Kelly called out Visa鈥檚 co-brand deal with India-based ecommerce giant Flipkart, which counts more than 400 million registered customers, according to Bain & Company. Travel tie-ups. Like rival Mastercard, Visa benefited from strong travel demand last quarter.

Even Latin America has hit a bump in the road. However, every one of these regions will see faster growth in 2024. To see the full forecast, click here. The US share of worldwide ad spending will decline this year but remain on an upward trend.

By this measure, the region will trail North America, Western Europe, Central and Eastern Europe, and Latin America but be on par with the larger Asia-Pacific. Internet user penetration is also markedly different among countries in Southeast Asia. Those penetration rates are starting to hit the saturation point in Singapore, Malaysia, and Thailand.

Honor鈥檚 international expansion: The handset maker, a subsidiary of Huawei, is aiming to release its foldable flagship in Europe, Latin America, and Asia-Pacific鈥攏otable emerging smartphone regions that aren鈥檛 subject to geopolitical device embargoes.

Respondents ages 16 to 64 in Europe averaged 2 hours, 2 minutes (2:02) daily on social platforms in Q2 2022, compared with 2:10 in North America and 3:32 in Latin America. Yet spending on social ads has risen sharply in most of Europe鈥檚 key markets, suggesting that social advertising effectiveness remains high:.

It will initially launch in Latin America and Eastern Europe. Blake, I'll go to you first. Blake Droesch:. Sure. Marcus Johnson:. Haptic logo ... what was that? Blake Droesch:. I said sure. Marcus Johnson:. Okay, good. Thanks for agreeing. Haptic logos, what's your take on this story? Blake Droesch:.

What's it like in various LatAm countries? Matteo Ceurvels:. Yes, it's definitely notably lower, which is one thing that has surprised me when looking at the two because it's rare to see Amazon not dominating something retail and e-commerce and retail media oriented.

On today鈥檚 podcast episode, we discuss how much time Gen Z are actually spending on their smartphones, the less discussed places Millennials are spending their social media time, and more. Join host Marcus Johnson, along with analyst Paola Flores-Marquez and vice president of research Jennifer Pearson.

Although the majority of Spanish speakers are based in Latin America, the content can have crossover appeal in other Spanish-speaking markets, including the US, as the same MRI-Simmons study found that 23.1% of those who speak any Spanish at home consider themselves gamers.

North America has the most podcast listeners in the world for now, but in 2025, it will be eclipsed by Latin America and by 2027, China will have more listeners than any other country or region. But it's not all sunshine and flowers in podcast land, as Paul Briggs alluded to in last month's Around the World podcast, commenting about time spent with podcasts. Paul Briggs:.

By contrast, Latin America鈥攁 region close in economic size鈥攃ontributes 4.3% of global GDP and 3.7% of total media ad spending worldwide. But there is plenty of room for growth in Southeast Asia鈥檚 ad market鈥攁nd that growth will be led by digital. The young population in Southeast Asia will fuel digital ad spending.

We're also always looking at Latin America because we have a good understanding of some of the countries there鈥攍ocal merchant behavior, customer spend patterns. We may slow down, but expansion is one of our core purposes. And one of our mission statements is to be the world's first truly global payments and acceptance brand.