EBay is a very distant second behind Amazon when it comes to e-commerce sales in the U.S., but abroad — and in particular in Asia — it is willing to invest to grow its footprint in a targeted way. In February, eBay paid a total of $573 million to acquire Qoo10, a Japanese sales platform, […]
In a bid to cut down on the spread of false information and spam, WhatsApp recently added labels that indicate when a message has been forwarded. Now the company is sharpening that strategy by imposing limits on how many groups a message can be sent on to. Originally, users could forward messages on to multiple […]
Sujay Seetharaman Contributor Sujay Seetharaman is a Customer Success Manager and a Market Analyst at eCommerce market intelligence firm PipeCandy As competition between Walmart and Amazon intensifies, the acquisition of Shopify’s merchant marketplace, may be the boost that the Walton family’s juggernaut needs to move ahead. In May this year, Amazon published its small business impact […]
India has quickly become ground zero for the smartphone wars. Last year, the country surpassed the U.S. to become the world’s No. 1 smartphone market, and manufacturers are falling over themselves to plant a flag. Samsung and Xiaomi have been the two biggest winners in recent quarters, battling it out for the top spot. Earlier […]
BookMyShow, an online ticketing service for cinemas, theatres and sports in India, has pulled in $100 million in new capital for growth. The round was led by private investment firm TPG Growth and it included participation from undisclosed existing investors. BookMyShow, which is headquartered in Mumbai, has now raised a total of $225 million from a […]
The Ken, a subscription news startup from India, is moving through the gears after it raised $1.5 million in fresh funding to build out its media business. We first profiled the company in March 2017 and now, nearly 18 months later, the startup has raised its Series A round led by Omidyar Networks, which has […]
Unacademy founders Roman Saini, Gaurav Munjal and Hemesh Singh Bangalore-based Unacademy will add more educators to its online learning platform, which claims to be India’s largest, after closing a $21 million Series C. The funding comes from Sequoia India, SAIF Partners and Nexus Venture Partners, with participation from Blume Ventures (all four firms are returning […]
WhatsApp just introduced a new feature designed to help its users identify the origin of information that they receive in the messaging app. For the first time, a forwarded WhatsApp message will include an indicator that marks it as forwarded. It’s a small shift for the messaging platform, but potentially one that could make a […]
As Twitter finally gets serious about purging fake accounts, and YouTube says it will try to firefight conspiracy theories and fake news flaming across its platform with $25M to fund bona fide journalism, Facebook-owned WhatsApp is grappling with its own fake demons in India, where social media platforms have been used to seed and spread […]
This week Samsung is opening what it’s calling the world’s largest mobile phone factory in the the world’s second largest smartphone market. Expansion, which will be fully complete in 2020, is expected to nearly double Noida (New Okhla Industrial Development Authority), India’s current phone producing capabilities from 68- to 120 million phones per year. The […]
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