tv Business Deutsche Welle April 13, 2019 5:02am-5:15am CEST
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africa's amazon goes to wall street julio the continent's biggest e-commerce operator launches its initial public offering in new york. also on the show busying heights for disney stock after it unveils its new streaming service. and it's game on for a young african takis are turning augmented reality games into a way of addressing persistent problems. welcome to the w business i'm john album a lot and in berlin thanks for joining us it's the first african start up to list on a major global exchange online retailer jumeirah how to its first trading day today it shows new york to raise one hundred ninety six million dollars selling its shares in the middle of it set marketing range besides raising money the firm is also looking at raising its profile and boosting growth now and juno's potential is
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huge a market is developing across africa off faster and larger than any than in many other parts of the world when juno was founded in two thousand and twelve it was launched in the continent's four biggest countries morocco egypt south africa and nigeria now it's active in fourteen nations for third not the only game in town and africa's logistical challenges are immense. clothing has hold goods mobile phones t.v.'s if it can be sold to me is likely to have us. for african shoppers tired of encountering a limited range at their local stores and malls the e-commerce giant's large product offering gives it a competitive advantage that it's helped to to grow quickly. the group has one thousand docked of sellers and four million customers online. in two thousand
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and eighteen sales of mind to two hundred thirteen million euros but high investment costs mean jimmy is still in the red it actually lost one hundred seventy million euros last year but our lists are betting on solid growth in the future at present only one percent of retail sales in africa take place online as internet access continues to grow e-commerce is likely to expand to in recent years to me it has entered the logistics and payment system sectors to prior to today's i.p.o. analysts pegged timea to be worth one point five billion dollars. walt disney will soon launch its own streaming service charging customers about seven dollars a month the service called disney plus starts in the us in november and will reach all major markets within the next two years it will stream all content ordered by the media conglomerate and that includes classics like the lion king but also the
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star wars franchise by marvel and pixar as well as the nature documentaries produced by national geographic. disney also recently purchased twenty first century fox to library all that content will be pulled from that starting this year and appear exclusively on the new service. now we have a flurry of activity on wall street so it's high time to bring in our man on the market scans quarter high and so let's start with jr how was it received on its first day of trading. it was a very stormy start by the end of the day their stock went up by more than seventy per cent and was that julia reaches a market capitalization of roughly four billion dollars even if since its founding mess a loss in deposit seven years of more than eight hundred million dollars by the wall street obviously sees the growth potential when it comes to a new country is so when it comes to overall revenue growth and that really got the
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stock going here on the first trading day i ask around here on wall street at the new york stock exchange and i was told the media actually is the very first african company being listed here at the new york stock exchange that does not come from south africa but in this case from nigeria so obviously wall street does believe in the growth potential of many african markets impressive and it's been a big day for it is they too but a somewhat less us there just one for not like shall we say. certainly because netflix is getting a big competitor and so far netflix was also running some of the disney content and that will probably not be possible in the future so the stock of nest for netflix and lost by about four and a half percent by the way next week netflix will be coming out it was their earnings report and it's a whole different story with disney that stock up like about eleven and
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a half percent to reaching a new all time high and what was mind blowing here on wall street is the price for the new service that is probably to begin here in the u.s. in november six ninety nine per month just to give you a comparison if you wanted to see the next disney movie in theaters here in new york you would need to pay about sixteen dollars and the netflix serviceable probably increase in price to thirteen dollars so a very aggressive price of from this this is an unbeatable deal thank you very much chance court on wall street. it's one of the biggest mergers in the oil sector u.s. based chevron is buying anadarko in a deal valued at thirty three billion dollars with crude prices going up forty percent since the beginning of the year chevron hopes to improve its exploration especially in texas and the gulf of mexico the deal will give it a stronger position in liquefied natural gas. now who should pay for the pain of
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the past students at georgetown university have decided they should at least partly they voted to add a symbolic twenty seven dollars and twenty cents to their twist in fees to benefit the descendants of slaves sold by the university two hundred years ago but the vote has not been without controversy and the next report we hear from some students at georgetown and how they got to that number i'm not each of our crowd or country if in fact it's our state i'm a patriot because of what we could be. more she says the u.s. could be is farah nihilism on the students at georgetown university calling for their own tuition fees to rise by twenty seven dollars and twenty cents per semester why such a precise amount ten cents for each of the two hundred seventy two slaves sold by the university package eight hundred thirty eight to keep itself the float initiative if approved would see every student paying into
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a pot that would help fund for example scholarships for the descendants of slaves. i think is really important for doing so take a stand because like the human capital that we gain from the sale of these people is still benefiting us a person would have closed down without these people. giving this kind of like and willing sacrifice and so i think as a student goes here like i'm benefiting a lot from this education so i owe it to these people and their descendants and back here the students held a nonbinding focus on whether or not to introduce the increase in fees and everyone was in favor of personally i'm just going to go to you know i. i empathize with the costs with the idea of paying reparations but i don't think it should be coming from the students i think that the university is the one who made this mistake several years ago and i think that the university is responsible for paying these reparations for that proved to be the minority opinion georgetown students voted by two thirds to introduce the reparations fund is now to the university's board of
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directors to take the final decision. and now we'd like you to meet a pair of gun and game designers using augmented reality to combine activism and amusement they've developed a game and tended to tackle pollution and to teach recycling it's set in gone as biggest waste dump site and the game as in real life the stakes are high. imagine you are a space command and responsible for keeping. what would you do. this is a trailer for the video game the chronicles of the game is set in. a district in the southwest of central. home to the in famous known as sodom and gomorrah it's a vast dumping ground for. game developers prince andrew added
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a few and matthew hunston who grew up in garner. they want players to come up with creative solutions to one of their country's biggest challenges faced anyone playing the calls of team who needs to be on location at the site interacting directly with the environment. the game deals with the theme of recycling but in a playful way another task players might have to compete is taking pictures to document the pollution is no more than a trend where. we. broaden our how we understand things how we are what are we in the game. the chronicles of clean new is one part of a metal game called enter africa it consists of fifteen different location based mobile games that are aimed at creating positive social change across the continent
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. a different approach to problem. solving it is to communication through game mechanics thinking out of the box and sometimes thinking like there's no box our training we want to see that approach a problem solving an uppercut. i think game current a focus is on point we shouldn't but prince andrew at de feo hopes that in the future the game could tackle all sorts of important issues i want to see africa being sustainable in all areas. the job of sustainable at this is that when it comes to business when it comes to have a quarter when it comes to the game development every industry is the industrial revolution africa must be institutionalized right and if you feel a forty two system not one it's one for you to be able to run so in turning fifty that antartica i want to see africa be that if you look at our we've created. for
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germany to current german. coverage from the south why not learn with him online on a free pass from the w.c. learning course because fake. so we could improvements all the time we have more of public transportation know within the big cities. some of it is a car sharing the energy has to calm the form of clean soft renewable we need to produce wonderful bathrooms for cars so that all cars on the electricity with no emission batteries with a high capacity of electricity it will take on this hundreds of kilometers of
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cysts very tough problem it's chemistry physics it's material science. it could take time but toolkit. this is the news africa will be getting into the next fifteen minutes five years after the kidnapping of the girls in nigeria one father on how his joy at the reunion has turned to i'm. in mozambique long queues for doctors and medicine more than a month off a cycle me a diet.
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