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Top illegal betting site Parimatch has surpassed Amazon in web traffic, attracting more visitors than major platforms like X (formerly Twitter), LinkedIn, and Reddit, according to a study by CUTS International. In FY25, illegal betting sites, including 1xBet and Stake, garnered a total of 5.4 billion visits. Some offshore operators have implemented cash-on-delivery payment models, enabling minors to place bets without parental consent.
Ecommerce platforms in Southeast Asia are intensifying efforts to boost consumer spending, with Lazada committing $100 million to enhance its affiliate program. Influencers are being incentivized to promote products, while Glance AI introduces a genAI tool for personalized shopping experiences. As large language models reshape online searches, brands are adapting to this new landscape, creating a burgeoning ecosystem around generative engine optimization.
Nio delivered 23,231 vehicles in May, marking a 13% year-on-year increase, driven by its sub-brands Onvo and Firefly. However, the main brand's deliveries fell 35.41% year-on-year. From January to May, total deliveries reached 89,225, a 34.75% increase compared to the previous year.
Matcha is rapidly gaining popularity in the Middle East, particularly in Dubai, Abu Dhabi, and Riyadh, where specialty cafes are blending it with traditional beverages like karak chai. Driven by health-conscious millennials and a booming wellness culture, the matcha market in the region is projected to grow significantly, despite challenges in supply and cultural competition with established coffee traditions. As Japan faces production shortages due to soaring global demand, local businesses are encouraged to foster direct relationships with tea growers to ensure quality and availability.
Nissan's Dongfeng Nissan has achieved significant success in China's EV market with the launch of the N7 sedan, securing 17,215 firm orders within 35 days. Priced starting at RMB 119,900 ($16,650), the N7 features five variants and is built on the Tianyan architecture, catering to local consumer preferences. This model marks a notable comeback for joint-venture automakers in a competitive landscape increasingly dominated by domestic brands.
India's quick fashion platforms, including Slikk, Blip, KNOT, and NEWME, are gaining traction and attracting venture capital funding to challenge established players like Myntra and AJIO. Slikk recently secured $10 million, while KNOT and NEWME are also advancing their growth strategies, particularly in rapid delivery services. The future of these platforms remains to be seen—whether they are a fleeting trend or a significant shift in the fashion retail landscape.
Matcha, once exclusive to Japanese tea ceremonies, is gaining traction in the Middle East, driven by health-conscious millennials and a vibrant cafe culture. While it offers a gentler energy boost compared to coffee, its earthy flavor may challenge traditional preferences. The region's matcha market is projected to grow significantly, aligning with Saudi Arabia's Vision 2030 initiative to diversify its economy and embrace innovative food and beverage trends.
iPhone sales in China experienced a slight rebound in April following a significant 50% decline in March. According to data from the China Academy of Information and Communications Technology, foreign-branded smartphone shipments reached 3.52 million units, a marginal increase from 3.50 million in April of the previous year.
UAE shoppers are enjoying significant discounts of up to 90% during a three-day super-sale, particularly in clothing, accessories, and perfumes, as they prepare for Eid. Despite a slow car sales period, dealers are offering attractive loan schemes and cashback to stimulate demand. The gold and jewellery sector remains challenged by high prices, with the current rate at Dh367 per gram for 22K gold.
Aayush Wellness Limited has reported exceptional financial results for FY25, with revenue soaring to Rs. 7,338.59 lakh, marking an 8,645% increase from Rs. 83.92 lakh in FY24. The company's net profit also surged by 489%, reaching Rs. 336.58 lakh compared to Rs. 57.18 lakh the previous year.
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illegal betting site parimatch surpasses amazon in online traffic
14:16 01.06.2025
ecommerce platforms invest in influencers to drive consumer spending in asia
11:30 01.06.2025
Nio reports 13 percent increase in May vehicle deliveries year on year
10:37 01.06.2025
matcha's rise in the middle east challenges traditional coffee culture
08:38 01.06.2025
nissan's n7 sedan achieves 17215 orders in first month in china
08:12 01.06.2025
emerging quick fashion apps challenge established players in india's market
02:59 01.06.2025
matcha's rise in the middle east challenges traditional coffee culture
22:16 31.05.2025
iPhone sales in China show slight recovery after significant March decline
13:33 31.05.2025
UAE shoppers enjoy massive discounts and Eid promotions amid slow market recovery
12:48 31.05.2025
Aayush Wellness reports record revenue and profit growth for fiscal year 2025
12:16 31.05.2025
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