Recommended Reading: April 25, 2017 - eMarketer
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Recommended Reading: April 25, 2017

eMarketer’s scan of the key developments of the day, plus data to make sense of it all

April 25, 2017

Are Apple’s China Fortunes Fading?

Is Apple paying the price for a series of missteps in China? Backchannel’s Jeremy Hsu seems to think placing blame on regulators in China is a little overblown. The writer spells out some reasons why Apple is seeing its fortunes slip in China, among them being late to the market with services like Apple Music and Apple Pay that face better, and cheaper, homegrown competitors.

UK Newspaper Circulation Dips in March

Aggregate print circulation figures for the UK’s national daily newspapers dipped incrementally (0.1%) in March vs. February, but were down 4.4% compared with a year earlier, according to ABC (Audit Bureau of Circulations) – UK data cited by MediaTel. Among the dozen titles tracked, only “quality” daily The Times and free tabloid Metro saw circulation increases vs. March 2016, up 4.8% and 9.9% respectively. Daily Mirror and the Daily Record lost the most readers from a year earlier—nearly 12% each.

China Mobile Hits 500 Million 4G Subscribers

China’s shift from slower mobile service networks to 4G LTE has happened swiftly. Counterpoint Technology Market Research reports that telecom China Mobile hit 500 million 4G LTE subscribers at the end of 2016, taking just 27 months to achieve the feat. According to the China Academy of Information and Communications Technology (CAICT), almost 520 million 4G LTE-enabled smartphones shipped in China in 2016.

Digital Privacy Is on the Minds of Consumers Worldwide

In a new survey from research provider Ipsos and the Centre for International Governance Innovation (CIGI), an independent, nonpartisan think tank on international governance, 57% of consumers worldwide expressed more concern about their digital privacy in 2016 compared with the previous year. However, the level of concern has dropped slightly since 2014, when roughly 65% of respondents were concerned about their confidentiality on the internet. Alarmingly though, about the same number believed their own government to be a contributing source of concern regarding their digital privacy.

Ant Financial Enters Bike-Sharing Fray

Alibaba affiliate Ant Financial joined the ranks of investors in China’s bike-sharing service Ofo, according to a statement released by Ofo online over the weekend. Ofo did not disclose the size of Ant Financial’s investment, but the two companies are expected to collaborate on managing Ofo’s payments and on expansion overseas. The bike-sharing sector in China has drawn a great deal of attention, and investment, recently.

—Cliff Annicelli, Rahul Chadha, Rebecca Chadwick

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