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Hey Adam,
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Business
Mobile Signal
Peloton Interactive (PTON) is scheduled to report earnings on 8/25. Downloads of the mobile app are down 24% YoY and down 28% QoQ. Dive deeper into PTON with a free trial of our Bloomberg Terminal App.
App Acquisition
eToro will acquire Gatsby, a retail investing app, for $50 million. The app has been installed 132k times since launch in April 2018.
The data of apps WeWork and Regus provide a signal that people have been returning to office this year. I myself am using the WeWork app but only going into the office once a week. Public transit apps like MTA, MBTA, BART, etc. have also been experiencing growth in usage.
I never saw A Scanner Darkly but I just watched the trailer and now I really want to. These scanners are a bit different. They enable users to scan the barcode of food items in the grocery store (and sometimes cosmetics) to get ingredient lists and ratings on how "healthy" the food is for you. They also provide explanation on why certain ingredients are less advisable to consume. Yuka owns a staggering 85% of the new install market share. Wired reported that it is so popular in France (native country) that "French supermarket chain Intermarche announced the reformulation of 900 recipes for its own brand products to remove additives and cut sugar and salt to improve their scores." I've now used Yuka several times while shopping and enjoyed the experience. Yuka accepts IAPs for a paid member version. It has generated about half a million dollars over the past 365 days.
The top 10 quick-service restaurant apps in the U.S. were downloaded 12.1 million times in July, 16.3 percent more than those the month prior. Year-over-year in the month of July, downloads of the top 36 quick-service restaurant apps are up 42.2 percent.