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Posts Tagged ‘ WeChat ’

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

Friday, January 6, 2017 | More »

Kavin Bharti Mittal, founder, Hike
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...

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 »

Wechat

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 »

messaging-apps

Asia messaging apps seek to upend rivals with marketing might

In the battle to become the global messaging app of choice, China’s WeChat and Japan-based Line have brought out some large marketing guns – TV ads featuring soccer star Lionel Messi, for instance – that have powered promising bursts of overseas growth. The big bucks strategy stand...

23 October, 2013 | More »

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