Snapshots That Wow!

The small has been eating the big since time immemorial

Americans used to go to movie theaters 46 times per year — until the birth of television. In the decade TV went mainstream (50s) in american households, we saw the number of theatre visits per American plummet to single digits!

Source: Acquired Podcast

Khel khel mein

Source: Dextero

Whatsup? Only Whatsapp!

“WhatsApp may be the statistically best app we've ever made.

It's a product manager's dream with its unparalleled addictiveness (DAU / MAU) of 87% and stickiness (M1 retention) of 86%, both #1 in the world while having the #1 most monthly active users for any non preinstalled app of 2.7B users.

Here are the top 25 most used apps in the world by MAU on both these metrics.

Some surprising observations:

— There are now 15 1B+ user apps in the world, 8 by Google, 4 by Meta.

— The 3 that aren't are TikTok, Telegram (!) and ChatGPT

— Telegram has more users than Spotify, Pinterest, Netflix, Amazon, Snap!

— ChatGPT's one month retention is #5 after WA, Instagram, Chrome and Youtube. 2yrs ago, it was been #20 by M1 retention

— Shopee, a shopping app in southeast Asia, is huge and retains users better than Amazon!”

Source: Deedy

Stop the press! There is another printing press in town!

China's M2 money supply is up to a record ~240% of GDP, the highest among any major economy in the world.

This metric has surged +100 percentage points since the 2008 Financial Crisis.

Over this period, China’s M2 money supply has surged +500% in Dollar terms.

By comparison, the country's gold reserves and total FX reserves have risen +100% and +60%, respectively.

China's monetary expansion is unlike anything seen among major economies.

Source: Kobeissi Letter

Ghar aa ja pardesi, mera desh bulaay re!

After months of relentless selling, FIIs just turned net buyers of Indian equity.

FII equity:

Apr 1–15 −25k Cr

Apr 16–30 −24k Cr

May 1–15 −17k Cr

May 16–31 −30k Cr

Jun 1–15 −40k Cr

Jun 16–25 +11k Cr

Source: Screener

28 is the new 25!

“The 2026 World Cup has the oldest squads in history, tied with Russia 2018: almost 28 years old on average. In 1930 it was 25.

Football has aged for a century. But it didn't age evenly.”

Source: The Atlas