Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023 (Financial Times)

Financial Times:

Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M MAUs in the US, versus an estimated 13M in Jan. 2023 — High-spending marketing push by PDD Holdings-owned internet marketplace leads to doubts over growth strategy

http://www.techmeme.com/240130/p44?utm_source=dlvr.it&utm_medium=blogger#a240130p44

Félix Lengyel, aka xQc, a Twitch streamer with 12M followers, signs a ~$100M deal with Kick, a streaming service backed by Australian gaming and gambling sites (Kellen Browning/New York Times)

Kellen Browning / New York Times: Félix Lengyel, aka xQc, a Twitch streamer with 12M followers, signs a ~$100M deal with Kick, a streaming service backed by Australian gaming and gambling sites — The deal signed by Félix Lengyel, known as xQc, matches traditional athletes' contracts, and is another sign … http://www.techmeme.com/230616/p28?utm_source=dlvr.it&utm_medium=blogger#a230616p28

Sources: the hackers behind the February data breach of drug distributor Cencora received a record ransom of $75M through three bitcoin installments in March (Katrina Manson/Bloomberg)

Katrina Manson / Bloomberg: Sources: the hackers behind the February data breach of drug distributor Cencora received a record ransom of $75M through three bitcoin installments in March — - Payment made through three Bitcoin installments in March — Dark Angels hacking gang pursues high prices and low profile http://www.techmeme.com/240918/p42?utm_source=dlvr.it&utm_medium=blogger#a240918p42

Apple unveils features specific to international markets, like smart downloads in India to get Indian Siri voices and Apple TV+ shows over mobile networks (Manish Singh/TechCrunch)

Manish Singh / TechCrunch: Apple unveils features specific to international markets, like smart downloads in India to get Indian Siri voices and Apple TV+ shows over mobile networks — Apple is rolling out a range of new features and improvements that are aimed at users in India, China and other international markets … https://bit.ly/3etqhSn

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