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Exclusive: AskMe may be wound up as Astro rebuffs management buyout offer

Friday, September 23, 2016 | More »

Troubled Indian ecommerce company AskMe is likely headed for a winding-up as its parent Astro Group has rejected the buyout proposal made by the management team leading it. The Malaysia-based group, which owns 98.5% stake in the company, has said it will leave it to the liquidator appointed by the c...


Exclusive: Sanjiv Gupta makes fresh offer to buy AskMe from Malaysia’s Astro Group

Sanjiv Gupta, former chairman of the troubled hyper-local ecommerce and grocery company AskMe, incorporated as Getit Infoservices Pvt Ltd, has reached out to the controlling shareholder Malaysia’s Astro Group with an offer for management buyout for the third time in as many months. The development...

15 September, 2016 | More »


E-commerce firm AskMeBazaar suspends operations

Local search platform AskMe.com has temporarily shut its operations, presumably after running out of cash and failing to raise fresh investment. The e-commerce platform of AskMe, owned by Getit Infomedia Pvt. Ltd, appears to be live but is not accepting any orders. “We are not accepting any orders...

19 August, 2016 | More »


WeChat launches games, partners with AskMe for location-specific searches

Tencent-owned social communications app WeChat has launched ‘WeChat games’ with its version 5.1 release. To begin with, the company has launched four game titles, including Gunz DAsh, 2Days’ Match, Craz3 Match and Pencil Pilot. Users can discover the games on WeChat and can download th...

17 January, 2014 | More »