Market Share
Leading centralized exchanges extend market share in 2022
The top centralized cryptocurrency exchanges have reached all-time highs for market share this year as the trading volume in crypto consolidates onto the platforms of only a few trusted companies. These named “top-tier” crypto exchanges have increased their market share from 89% in August 2021 to 96% in February 2022, according to data collected by United Kingdom analytics company CryptoCompare published on Monday. The firm analyzed over 150 active centralized exchanges, ranking them on security, number of assets available, regulatory compliance, Know Your Customer checks and more, grading them from a top score of AA to a low of F, with “top tier” receiving a grade B or above. A total of 78 exchanges received a “top tier” grade, with Coinbase, Gemini, Bitstamp and Binance as the only four ...
Record Label Market Share Q1 2022: Interscope Leads, Indies Gain, Disney Surges Into Top 10
We don’t talk about Bruno, but Disney is giving the music business something else to talk about: its impressive new share of the market. As 2022 got underway, the soundtrack to Encanto, the Disney film that was released over the holiday season, saw its Lin-Manuel Miranda-penned collection of songs become the biggest album of the year so far in the first quarter stemming from Dec. 31, 2021 through March 31, 2022. The success of the soundtrack — the first album of 2022 to pass 1 million equivalent album units, according to Luminate, formerly MRC Data — has had a tangible effect on the market share rankings for Q1, as the Disney Music Group surged into the top 10 of overall market share, the most significant of several moves atop the rankings compared to Q1 last year. Interscope/Geffen/A&...
Uber ‘lays off’ 185 former Postmates workers
Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub. Meal delivery has been one bright spot for Uber amid the pandemic, as bookings in its Uber Eats division rose 135 percent year-over-year in the third quarter while its ride-hailing segment dropped 50 percent over the same time period. It’s consolidated other parts of the company in a bid to become profitable by the end of 2021, selling its autonomous vehicles segment to Aurora Innovation in December, the same month it sold its Uber Elevate flying taxi division to Joby Aviation. The latest cuts will see Postmat...
