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Posts Tagged ‘ WeChat ’

Google ends Apple’s 5-year reign as world’s most valuable brand

Friday, February 3, 2017 | More »

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Google has dethroned Apple to become the world’s most valuable brand, ending the iPhone maker’s five-year reign at the top. According to Brand Finance’s Global 500 2017 report, Google’s brand value surged as much as 24 percent last year to $109.4 billion. Cupertino-based Apple...

Alibaba

Paytm investor Alibaba’s Ant Financial to buy US firm MoneyGram for $880 mn

In step with its international ambitions, Ant Financial Services Group, the payment business arm of Chinese e-commerce giant Alibaba Group, has agreed to buy US money-transfer company MoneyGram for $880 million. Alibaba and Ant Financial hold a significant stake in One97 Communications Ltd, the pare...

27 January, 2017 | More »

Kavin Bharti Mittal, founder, Hike

Hike: Revenue Rs 42 lakh in FY16, valuation $1.4 bn

Hike Ltd, the messaging app operator that touched $1.4 billion in valuation last year, started earning revenue in 2015-16 but its bottom line worsened as it burnt more cash than ever. The four-year-old company reported revenue from operations of Rs 42.32 lakh for the year through March 2016, accordi...

6 January, 2017 | More »

Kavin Bharti Mittal, Founder, Hike

Flashback 2016: Hike’s Kavin Mittal takes the fast lane to success

For Kavin Bharti Mittal, the 29-year-old founder and chief executive of instant messaging app Hike, 2016 will go down as a milestone year. For, this is the year when the four-year-old startup joined the coveted group of young firms that are valued at least $1 billion. Hike became only the 10th start...

28 December, 2016 | More »

Kavin Bharti Mittal

We’re going to be playing an entirely different ball game in 2017, says Hike’s Kavin Bharti Mittal

Having entered the coveted $1-billion-club of startups in India, Kavin Bharti Mittal is more confident than ever about the success of his four-year-old startup Hike. In August, the messaging app raised $175 million (Rs 1,170 crore) from China’s Tencent Holdings Ltd, Taiwan’s Foxconn Technology G...

7 October, 2016 | More »

Yahoo-Inc

Gasping to stay in the game, Yahoo Messenger adds video sharing feature

Yahoo! Inc. has announced a new feature that will allow users of its Messenger chat service to share videos, in the latest attempt to claw back lost ground in an intensely competitive market dominated by the likes of Facebook and Google. The new feature comes after Yahoo’s long run as an independe...

20 September, 2016 | More »

ola_fe

What Ola can learn from Didi Chuxing on its battle against Uber

Chinese cab-hailing firm Didi Chuxing, the main local competitor for Uber Technologies Ltd in China, has just raised an incredible $7.3 billion in fresh financing. The latest round brings DidiChuxing’s war chest to about $10.5 billion, against the $11.5 billion on Uber’s balance sheet. Q...

20 June, 2016 | More »

trai-1

TRAI paper on broadband next month; WhatsApp, Skype etc in queue

The telecom regulator TRAI will invite views of public on issues related to roll out of broadband in the country by end of next month. The Telecom Regulatory Authority of India is also planning to issue a consultation paper to discuss regulatory framework around Over-the-top (OTT) players like Whats...

21 August, 2014 | More »

alibaba

What’s up for Alibaba’s mobile app strategy?

Billionaire Jack Ma’s Alibaba, the dominant force in China’s $1.6 trillion e-commerce market, may already have lost a battle with rival Tencent for the world’s biggest mobile market. While Alibaba Group Holding Ltd dominates in e-commerce, Tencent Holdings Ltd has taken over China&...

25 February, 2014 | More »

wechat1

Upsetting the app cart: Asian messaging services challenge mobile order

Asian chat services KakaoTalk, LINE and WeChat threaten to overturn the mobile order of things, usurping the role of Google Inc, Apple Inc, Amazon.com Inc, Facebook Inc and telecoms carriers as gatekeeper to the consumer. Where these internet and telecoms giants once controlled the lucrative choke p...

19 February, 2014 | More »

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