Friday, March 31, 2017

Game Over for Uber in China, India to become main battleground

Uber's decision to merge its China business with market leader Didi Chuxing is expected to make the Indian market the focus of global expansion for the San Francisco company It seems China still remains a...

Sistema with other investors to invest Rs 67 crore in QwikCilver gift card

QwikCilver has raised a new round of funding of Rs 67 crore, led by Sistema Asia Fund, the proprietary fund of Russian conglomerate Sistema. Other existing backers of the Bengaluru-based company, which include Amazon Asia-Pacific, Accel India...

Airtel, Vodafone and Idea step up content offerings to counter Reliance Jio

India's top three incumbent carriers -- Bharti Airtel, Vodafone India and Idea Cellular -- are kicking their content act into top gear before Reliance Jio Infocomm's launches 4G services commercially, said analysts. Brokerage CLSA...

Airbnb faces hurdles as it passes 100 million guests

Don't go to Paris. Don't tour Paris. And please don't do Paris." The advice, offered by homesharing app Airbnb in a series of television commercials that have been airing in seven countries, promotes a...

RJIO: 4G smartphones under Rs 3,000 now a reality

Reliance Retail cut prices of its latest Lyf-branded 4G voice over LTE (Volte)-enabled smartphones - Flame 3, Flame 4, Flame 5 and Flame 6 launched over a month ago - by 25 per cent...

Paytm to pump Rs 350 crore into its payments bank arm

Paytm is infusing Rs 350 crore in its payments bank arm, which is looking to start operations by Diwali this year, a company executive said. The capital will be primarily utilized to build the...

With 2 Million apps on app store; apple paid $50 bn to developers

Apple's App Store now has more than 2 million apps, up from 1.5 million apps this time last year, CEO Tim Cook said during its annual developer event Worldwide Developers Conference on Monday. These apps...

Former CTO of Micromax, Ashish Agrawal joins Flipkart

E-commerce major Flipkart has hired Micromax CTO and former Amazon exec Ashish Agrawal as senior vice-president (SVP) of engineering as the company revamps its tech leadership team yet again, reports Mint. Agrawal is joining Flipkart...

Instagram attracting more advertising than Twitter as per Survey

Advertising agencies are for the first time turning to Instagram more frequently than Twitter for social media ad campaigns, a survey released Thursday showed, a further indication of weakness in an ad sales operation...

Umang Bedi to join as Managing Director of Facebook India

Facebook has appointed Umang Bedi as Managing Director, India. Bedi will lead in building and maintaining strategic relationships with top clients and regional agencies in the country. He will take over from Kirthiga Reddy...






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