Two million UK users would consider investing in Twitter as a co-op

With the proposal to turn Twitter into a user owned co-operative on the agenda at Twitter’s AGM on Monday (22 May), new research suggests that in the UK alone nearly 2 million people, 14% of active Twitter users, would consider investing in a user-owned Twitter if it were to become a co-op, as reported in City A.M today.The future of one of the world’s leading social networks has been the subject of speculation for over a year. Twitter’s viability as a business depends on finding new income streams from its users, yet its users expect a no-cost service with minimal advertising. Big questions about the business’s future are hovering as the company’s shareholders gather for the social network’s AGM in San Francisco next week.On the formal agenda is the proposal, item four of just five, to look at preserving Twitter’s reach and popularity by converting it into a user owned co-op where it is the people who use the social network who own and direct what it does.The proposal came from a handful of minority of shareholders, but the idea has gathered momentum in recent weeks, with a number of shareholders and activists backing it. The UK-based activist investor group Share Action has circulated a briefing to leading ethical investment funds.The UK has 14 million active Twitter users. A poll just conducted by YouGov on behalf of Co-operatives UK, the network for the country’s thousands of co-ops, found that 14% of them, 1.96 million Twitter users, would consider investing in the social network if it were to become a co-op. 

Ed Mayo, Secretary General of Co-operatives UK, says:“Twitter is one of a new generation of businesses which do something that goes beyond the market. What future do we want for it? Do we want to try to find ways monetise Twitter in order to provide a return for shareholders? Or do we want to find a way to preserve what its users love? “That Twitter ought to be a user owned co-op is a neat solution.  It will give the platform a network of millions of people who can invest small sums to create a viable business offer. And it will give the people who use it the say over the big issues - how it deals with issues like abuse and extremism, what levels of advertising are acceptable, and what ultimately it does to remain sustainable.”

“Our guidance for Twitter investors, in particular the Socially Responsible Investment funds is to back Proposal 4 to promote a visionary new model of co-operative ownership for Twitter.” Catherine Howarth, Chief Executive of ShareAction

World's top 300 co-operatives increase turnover to $2.53 trillion

The world’s largest 300 co-operatives and mutuals have grown their turnover by 7.20 per cent to USD $2.53tn according to the 2016 edition of the World Co-operative Monitor (WCM).Presented at the International Summit of Cooperatives in Quebec, The Monitor remains the only project of its kind, collecting and analysing data on the world’s largest co-operative and mutual organisations and otherenterprises controlled by co-operatives.

Charles Gould, Director General of the International Co-operative Alliance, said: "The World Co-operative Monitor is now in its fifth year. There is no more appropriate way to celebrate this, than the seven per cent growth figure which we are proudly to announcing this year, and there is no better time than now, during the 2016 International Summit of Co-operatives."There is a growing interest for co-operatives worldwide and we need to respond to this interest with adequate promotion of our model. The World Co-operative Monitor, as the leading data source on the world’s largest co-operatives and mutuals, is a central instrument for awareness raising, policy-making, advocacy and research."Six UK organisation make the top 300. These are John Lewis Partnership (32), The Co-operative Group (35), Royal London (74), LV (123), NFU Mutual (212), Midcounties Co-operative (241) and Central England Co-operative (274). Danish farming co-operative Arla Foods, which enjoys a significant UK arm, is 47th. View the full list here.The Monitor refers to data from 2014, collected from various sources, such as national rankings, sector rankings, existing databases containing financial data, annual reports and questionnaires. In total, 146 questionnaires were completed from organisations in 39 countries, including individual co-operative and co-operative federal bodies. The database for this edition contains information on 2,370 co-operatives from 63 countries. Of these, 1420 co-operatives from across 52 countries have a turnover exceeding USD $100m.The top five co-operatives by turnover are: Crédit Agricole (USD $90.21bn), a network of co-operative banks from France; BVR (USD $70.05bn), Germany’s national association of co-operative banks; Groupe BPCE (USD 68.96bn), also a network of co-operative banks from France; insurer NH Nonghyup (USD 63.96bn), an extension of the National Agricultural Cooperative Federation's financial operation from the Republic of Korea; and State Farm (USD $63.73bn), a mutual from the USA. State Farm was acquired by Desjardins Group in 2014 after the data was collected.The Monitor also lists rankings by turnover based on the ratio to Gross Domestic Product (GDP) per capita, relating the turnover of the co-operative to the purchasing power of the country in which it operates. In this ranking, which highlights the relevance of co-operatives in their countries, NH Nonghyup comes first, followed by Indian Farmers Fertiliser Cooperative Limited (IFFCO), Crédit Agricole, health co-op Unimed of Brazil and Groupe BPCE.The database for this edition contains information on 2,370 co-operatives from 63 countries. Of these, 1,420 co-operatives from across 52 countries have a turnover of over USD $100m. The top 300 co-operatives come from 25 countries and have a combined turnover of USD $2.53 trillion (2,533bn), an increase of 7.20 per cent from the USD $2.36tn reported in last year’s monitor.Over 32 per cent of these operate in agriculture, 39 per cent in insurance, 19 per cent in wholesale and retail trade and 6 per cent in banking and financial services. Some of the top 300 co-ops are also active in the health and social care sector (1%), the industry sector (2%) and other services and activities.The Monitor gathers data on co-operatives across all continents, demonstrating the important role of co-operatives in the world economy. It has become the major global report for analysing the world’s co-operative movement, providing information for research into co-operative business enterprises.A new feature in this year’s monitor is a chapter dedicated to exploring co-operative capital. The chapter focuses on analysing the capital structure of the world’s largest co-operatives

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https://www.uk.coop/newsroom/worlds-top-300-co-operatives-increase-turnover-253-trillion

විජයග්‍රහනයේ 8 වන සැමරුම...........

එපා හිතන්නට අහිතක් පුතා ගෙදර නොපැමිනියාට...
සටන් බිමේ ජය ලැබුනුදාට සැකයක් නැ මට කිරි බතක් ඉදෙන බවට....
තේජස් නිල ඇදුම පුරා රතු ලේ බිදු ඉහිරුනාට...
නුබ පින්මදි නැ .... අම්මේ සටන් බිමේ මම මියදුනාට.........

https://www.youtube.com/watch?v=jWYsjXGChZs

සෙනෙහෙ ගඟක් කඳුළු ෙවලා......... ගලා යන්න දෙන්න එපා............ අනේ අම්මෙ නුඹ මං ගැන ..... තව තැවී තැවී ඉන්න එපා...

https://www.youtube.com/watch?v=zjpdYp_M3Sc

හදවතින් අප යුද බිමෙහි ඔබ තනි කළේ නැත කිසිදිනේ.!

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ලෙහි හොවා වැඩු සිය පුතුන් අත අවි දරා වැද රණ මතින්

පෑ විකුම් දැක දෑ බැතින් හිස අත් මුදුන් දෙති පියවරුන්

මව් බිමේ හිමිකම් පතා තම දිවි පිදූ කල ඒ පුතුන්

තුන් හෙලේ හැම මව්වරුන් ලය කිරි එරී ඇත උන් නමින්......

https://www.youtube.com/watch?v=mt6wLbb4SrU