Arab youth promises a lot for the global tech companies with its fast growing population spanning a vast area in the Middle East and North Africa. It’s definitely the case for Facebook whose user base has almost reached the saturation in the west. Fully aware of the potential, the social network is now doubling its staff and resources in its Dubai office to cater better to its upcoming young clientele in the region.
Nicola Mendelsohn, Facebook’s vice-president for Europe, Middle East and Africa, told Arabian Business that the company aims to boost Facebook’s popularity among one of the fastest growing populations in the world, and therefore, is expanding the size of its regional headquarters in Dubai. She said the enlargement includes new senior management as well.Read More
The number of people who actively use Opera browser on their Android smartphones has doubled, reaching 100 million, in just 12 months. Opera Software also claims its browser now connects more than 350 million people to the internet worldwide, according to a press statement.
Nearly 30% of all Opera users are active on Android and current Android active user numbers are twice as many as one year ago. Figures show that Opera has succeeded in low/medium level smartphone market with its data compressing browsers.Read More
The app economy created in the European Union is expected to grow by 12% in 2014, while the global growth will exceed 27%. The share of the EU’s app revenues in global app economy is also dropping, from 24% in 2012 to 19% this year, according to the recent report on app revenues by Vision Mobile.
Although the global share of the EU is diminishing, it’s mainly due to higher growth rates in Asian mobile markets. Otherwise, the contribution of app economy to the EU’s GDP is rising significantly, expected to increase from €13 billion in 2012 to €16.5 billion this year.Read More
A preliminary list of speakers is announced for Webrazzi Summit 2014, one of the most influential internet and tech conferences in Turkey and the surrounding region. The conference will be held on 25th of September this year in Swissotel The Bosphorus, with the anticipated participation of over 1500 attendees from the leading companies and institutions shaping the digital ecosystem in the world.
The announced list of speakers includes BlaBlaCar co-founder and COO Nicolas Brusson, Y Combinator partner and CFO Kirsty Nathoo, Tech.eu writer and founder Robin Wauters, TechCrunch Europe editor Mike Butcher, SimilarWeb co-founder and CEO Or Offer,Web Arts founder Andre Morys, MUBI founder Efe Çakarel, Aslanoba Capital‘s founder and owner Hasan Aslanoba, HotelTonight‘s EMEA Managing Director Heather Leisman, CAPTCHA inventor and Duolingo founder Luis von Ahn, LaMetric founder Nazar Bilous and ArabNet founder Omar Christidis.Read More
Free trade and competition rules for EU members seem working best for online sellers and shoppers in Western Europe. Cross-border sales of business-to-consumer e-commerce platforms in the UK, Germany, France, Italy and Spain are expected to total $56 billion by the end of 2014, according to a new eMarketer report, “Western Europe B2C Ecommerce Trends: Omnichannel Is the Watchword as Markets Gain Sophistication.”
In Western Europe, the non-domestic sales are 14% of total e-commerce transactions in the region today, and expected to rise even more in the next couple of years. The report says that the cross-border sales will more than double by 2018, to account for 20% of the region’s total e-commerce sales.Read More
App-driven mobile computing has created an unprecedented value so far, and will get even bigger as the people can no longer live without their ‘smart’ mobile devices. A report by GP Bullhound, a tech investment banking company, underlines that the mobile service providers will continue to shape the economy across the globe as long as they are able to stay relevant, cultivate large active user bases and convert their user relationships into money. However, this unprecedented growth also risks harming the competition by shutting a territory to new comers.Read More
As the depressing effects of global crisis has further eased across Europe, the online advertising markets showed a more uniform level of growth in 2013 than in previous years. Particularly the developing markets in Central and Eastern Europe grew their share impressively last year.Read More
The Middle Eastern and African markets promise high growth rates in mobile penetration and e-commerce not only because penetration is still lower than the global average, but also the population is much younger and enthusiastic. The MEA and India will drive the mobile boom next five years, but when it comes to e-commerce and digital payments, the richer Gulf countries seems to be leading the way to the high-tech payment methods.
Monitise, a developer of fintech systems who has aggressively entered the MEA market via the acquisition of Turkish Pozitron, reports that the users in GCC countries are already used to some ways of digital payment, but still very sceptical about paying digitally for online purchases.Read More
Digital advertising market in the United Kingdom, which is the close second in the EU after Germany, is to grow further on the mobile side and surpass £7 billion this year. Mobile ad spending is expected to show the highest growth within the category, rising about 96.0% to over £2 billion ($3.16 billion).
According to eMarketer’s latest ad spending estimates for the UK, the mobile will be performing much better than the other media categories, to claim almost 40% of total paid media spending in the UK by 2018.Read More
Webrazzi Summit, one of Turkey’s and the region’s most influential internet and tech conferences, will be held in Swissotel The Bosphorus Istanbul on 25th of September, 2014. The conference will host more than 1500 attendees including nearly 80 speakers from the leading companies and institutions shaping the digital ecosystem in the world.
Webrazzi Summit 2014 will cover again a wide range of topics under internet and tech business, including digital marketing, social media, e-commerce, venture capital, angel investment, online gaming, mobile apps and more, where you will be at the heart of internet industry with keynote and parallel sessions during the day.Read More