Category Business

SiN #46 – 815%

That is how much the online sales of Chinese Sports apparel company Li-Ning increased in April compared to last year! This comes against the backdrop of a nationalistic buying frenzy amidst the controversy regarding cotton produced in the Xinjiang region. Meanwhile, online…

SiN #45 – 44% to 10%

In 1990, Europe accounted for about 44% of global semiconductor manufacturing. Now, it’s closer to 10% and Taiwan, South Korea and Japan account for about 60% of production, according to a joint report by the Boston Consulting Group and the Semiconductor…

SiN #39 – 900,000

That is the number of downloads for the Clubhouse app in April. That is a stark decline from 2.7 million installs in March and its peak of 9.6 million downloads in February. The platform allows people to hold audio conversation…

SiN #38 – 80%

Last week, in its first quarter earnings call, Amazon revealed that its capital expenditures, increased a whopping 80% YoY! This is mainly to improve its logistics capability as it aims to have complete control over its logistics operations and rely…

SiN #37 – $5 Billion

Verizon agreed to sell 90% of its digital media unit, which includes Yahoo and AOL, to Apollo Global Management for $5 billion. That comes as a downer considering the fact that it paid almost $4.5 billion(AOL in 2015 for $4.4 billion & Yahoo for…