SiN #50 – 2.3 Billion
That is how much changes the Satellite Navigation firm TomTom had to make to their databases after the city of Port Elizabeth in South Africa changed its name to Gqeberha in February 2021.
The Snippets Journal
Insightful Snippets From The World of Business, Finance and Tech.
The Snippets Journal
Insightful Snippets From The World of Business, Finance and Tech.
Category Miscellaneous
SiN #48 – 586M & 257M
Till now, a total of 586 million people had implemented adblocking in their mobile phones and 257 million people had done the same on their desktops according to the 2021 PageFair Adblock Report by Blockthrough.
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 #35 – 88%
Over the last decade, from $1,191 per Kilo Watt hour(KWh) to $137/KWh, the price of electric battery packs have declined 88%. According to BloombergNEF, it is expected to go below $100/KWh, which will in-turn make electric cars cheaper and widely…
SiN #34 – 145 Million
The International Energy Agency (IEA) predicts there will be 145 million electric vehicles, including cars, buses, vans, and heavy trucks, on the roads by 2030.
SiN #32 – $90 Trillion
Meeting the goals of the Paris Agreement with a combination of zero-carbon electricity and hydrogen would require more than $60 trillion of power sector investment, plus more than $30 trillion of investment in hydrogen production and transport by 2050, according…
SiN #29 – $1.8 Million
On Monday this week, A pair of prototype Nikes(Nike Air Yeezy 1) worn by Kanye West during his performances of “Hey Mama” and “Stronger” at the Grammy Awards in 2008 fetched $1.8 million in a private sale. It was acquired…
SiN #25 – $2.5 Trillion
That is how much JP Morgan aims to provide financing to climate change and sustainable investment activity by 2030. Citigroup is committing $1 trillion for the same cause.
SiN #23 – 62%
According to the data released by Stockholm International Peace Research Institute, the top 5 military spenders together accounted for 62% of the global military expenditure of $1,981 billion in 2020. It includes USA, China, India, Russia and the UK.
SiN #21 – $465 million
That is how much Amazon Studios will pay for the first season of its upcoming Lord of the Rings TV show. For comparison, Game of Thrones cost about $100 million/season to produce.