Weekly readings – 7th March 2020

The berry that keeps Asia looking young

Inside the wild world of government auctions

AmEx Staff Misled Small-Business Owners to Boost Card Sign-Ups

Earth may have been a ‘water world’ 3bn years ago, scientists find

A long piece on Rebecca Neumann, her husband and WeWork

iPhone 11 Pro vs. Galaxy S20 Ultra camera comparison: Which phone is best?

Leaked Document Shows How Big Companies Buy Credit Card Data on Millions of Americans

2019 Influencer Marketing Report

What Happens to Stocks After a Big Down Month?

How Expedia Solved a $100 Million Customer Service Nightmare

a WSJ’s report on how much doctors in China worked to save lives in China from the Coronavirus

62-mile car-free highway for cyclists in Germany

Dams, Sand, Rice: The Life and Possible Death of the Mekong Delta

The race to save Polesia, Europe’s secret Amazon

Caffeine Boosts Problem-Solving Ability but Not Creativity, Study Indicates

Flagship Androids lose value twice as fast as iOS devices

Today I learned – 21st December 2019

OTA’s advertising business has a $1 billion annual run rate

We know Online Travel Agents (OTA) such as Booking.com or Expedia as travel agents or websites where we make reservations. Taking advantage of listings’ desire for exposure, these OTAs charge the listings fees to gain premium positions on their search results, the same way as Google Search Ads works. In 2018, both Booking.com and Expedia recorded more than $1 billion in revenue each from their respective advertising business. It’s nice to have a side business that big, considering that it is not much smaller than what Pinterest and Snap, which make money through ads, generate.

The following chart features advertising revenue from a few select companies in 2018 with a few exceptions:

  • Hulu’s revenue is from 2019 annual report
  • Pinterest’s figure is the high end of their estimate for this year
  • Spotify’s figure is the approximate number for 524 euros
Source: Companies’ filings