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The podcast discusses Instagram surpassing TikTok in app downloads, US plans for a Gaza port, a $12bn fraud trial in Vietnam, and the mysterious success of Temu in retail. Topics include Temu's business model, financial fraud in Vietnam, and the impact of corruption on investor confidence.
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Quick takeaways
- Instagram surpassed TikTok in app downloads due to the popularity of its reels feature, showcasing the importance of adapting to trends in social media.
- Temu's rapid growth and challenge to industry giants raise concerns over its questionable operational practices, transparency, and long-term sustainability.
Deep dives
Instagram Surpasses TikTok in 2023 Downloads
Instagram saw a 20% increase in downloads in 2023, outpacing TikTok's growth of 4%. The appeal of Instagram was boosted by its reels feature, allowing users to share short video clips, a concept adopted from TikTok.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode