Egypt: This week, investment app Thndr raised $20 million in a Series A round. Thndr targets underserved consumers in the Middle East and North Africa, where less than 3% of people invest in financial assets. The region is home to roughly 400 million people with $500 billion in annual savings, but most people have minimal exposure to investing. What’s next?

Developing countries such as Nigeria, South Africa, Egypt, India, and Indonesia have been some of fastest-growing countries for Facebook in recent years, with annual increases ranging from 10% to above 27% in 2020. But this year, none of these countries will grow more than 5.7%.

That was also true in Egypt, South Africa, and Turkey. Across most of Europe, though, social media occupied fewer than 2 hours per day. This is a small sample of the granular information the report provides.

Among the countries we break out, Nigeria tops the list with 98.1% penetration, followed by Egypt at 98.0%. Nigeria and Egypt are also the two fastest-growing countries for Facebook in 2020. In fact, half of the top 10 by growth are in this region. In addition to Nigeria (up 27.5%) and Egypt (up 19.0%), South Africa (14.9%), the United Arab Emirates (9.5%), and Saudi Arabia (8.3%) are on the list.

Nigeria, Egypt, and South Africa will see the most dramatic growth in social networking in 2020, with user numbers rising by 27.5%, 19.0%, and 15.1%, respectively. Most social network users now access social platforms on mobile phones. That share will continue to grow through at least 2024. Where Our Forecasts Changed Most.

We also expect that Amazon will make moves internationally, having filed “Amazon Pharmacy” trademarks or patents in the following markets: Canada, the UK, Australia, Brazil, China, Egypt, the EU, India, Israel, Japan, Mexico, Singapore, Taiwan, Turkey, and the UAE. While that doesn’t indicate imminent moves, it does signal Amazon’s intention to scale its online pharmacy beyond US borders.

Moreover, time spent with social actually fell in Brazil, Canada, China, Egypt, and the Philippines, to name a few. In many advanced economies—including Germany, Sweden, Spain, the UK, and the US—time spent with PCs and tablets still exceeds time spent with mobile devices, and by a large margin.

Hong Kong, like Egypt, was one of very few countries where GlobalWebIndex reported a decline in usage of video streaming in H1 2020. But there was a substantial gain in the share who had accessed TV shows, films, or other content from SVOD providers, such as Netflix, to 48.5%. As of H1 2020, 37.0% of Hong Kong respondents had invested in a smart TV; again, this value was lower than in H1 2019.