News digest 24.01.2022

JD.COM HAS FORMED A STRATEGIC PARTNERSHIP WITH SHOPIFY

Source

Two of the world’s largest e-commerce players are joining hands to help global brands tap China’s enormous appetite for imported goods, as well as help Chinese merchants sell overseas.
The news is turning heads in China’s cross-border e-commerce community. The first part of the deal will put the JD-Shopify alliance in direct competition with Alibaba.

USA EXAMINING ALIBABA'S CLOUD UNIT FOR NATIONAL SECURITY RISKS

Source

The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to U.S. national security.
The focus of the probe is on how the company stores U.S. clients' data, including personal information and intellectual property, and whether the Chinese government could gain access to it.

THAILAND PLANS TO MAKE MARIJUANA LEGAL

Source

Thailand plans to decriminalize marijuana, Scrapping Jail Terms and Fines for Possession.
By doing so, the country is moving a step closer to clearing its use for recreation, after becoming the first country in Southeast Asia to legalize medical cannabis and its use in food and cosmetics.

SINGAPORE BANS CRYPTO ADS, SPAIN ISSUES FINES OF €300 THOUSAND

Source

The Singapore regulator explains the ban by saying that digital currencies are an extremely high-risk instrument.
Spanish bloggers with an audience of over 100 thousand subscribers will have to notify the regulator about advertising in 10 days, otherwise they will face a fine.

APPLE EXPLAINED THE LAUNCHING ALTERNATIVE PAYMENT METHODS SPECIFICS

Source

Two new solutions will be created for developers of dating apps: one for providing alternative payments in the app (in-app purchases), the second for managing payments on the web.
Only one of the new entitlements can be used in the application — that is, either web payments or alternative payment methods are available in the application.

FACEBOOK PATENTS REVEAL HOW IT INTENDS TO CASH IN ON METAVERSE

Source

The patents show how Meta intends to monetize its virtual world with hypertargeted advertising and sponsored content.
Even more personalized ads will be displayed based on age, gender, likes and comments. It will also take into account how long users look at specific ads.

OPERA HAS LAUNCHED A WEB 3 BROWSER WITH A BUILT-IN CRYPTO WALLET

Source

Opera has released a beta version of the new Web 3 browser with a crypto wallet, a crypto exchange and an aggregator of data on the cryptocurrency market.
With the help of the cryptobrowser, Opera expects to make it easier to use decentralized applications (dapps), games and metaverse platforms.

EUROPEAN PARLIAMENT PUSHES TO BAN TARGETED ADS BASED ON HEALTH, RELIGION OR SEXUAL ORIENTATION

Source

If the initiative is approved, companies will not be able to show ads to users based on their most personal information.
The idea of the ban was formed in connection with the increasing demands to increase privacy on the Internet and restrict business access to personal data.

GOOGLE ADS LAUNCHES PLACEMENT REPORTS FOR PERFORMANCE MAX CAMPAIGNS

Source

Placement reports show where Performance Max ads have served, which may help with brand safety efforts, as well as how many impressions they’ve received. Click data is not provided.
Performance Max campaigns became available to all advertisers in November 2021.

BACK TO BLOG