Rakuten drops IPO plan, shifts strategy in competitive market
This decision comes after Rakuten reported its first quarterly operating profit since 2020 in November 2024...
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Naomi Li Gan
18:24
WeWork India reports 26.7% revenue growth for FY24
WeWork India was established in 2016 as a joint venture between the Embassy Group and WeWork Global...
Naomi Li Gan
05:21
Blinkit to open dark stores in small cities
Blinkit currently generates 80% of its revenue from large cities despite plans for smaller markets...
Naomi Li Gan
17:23
China’s subsidy program favors local smartphone brands
The program benefits leading Chinese manufacturers such as Vivo, Huawei, Xiaomi, Honor, and Oppo...
Naomi Li Gan
22:22
Indian self-publishing platform raises $1.2m in funding
Pratilipi is also in talks to raise an additional US$12 million and prepare for an IPO in 2026...
Naomi Li Gan
20:21
AI demand drives Nvidia’s $2t gain in 2024
Nvidia's market value soared by US$2 trillion in 2024, a significant leap from US$1.2 trillion...
Naomi Li Gan
15:21
India delays UPI market cap enforcement to 2026
The 30% market share cap aims to limit dominance by apps like PhonePe and Google Pay, which control over 85%
Naomi Li Gan
07:21
US lawmakers urge Apple, Google to prepare for TikTok ban
They emphasized that US law will prohibit hosting any “foreign adversary-controlled application” in app marketplaces...
Naomi Li Gan
08:20
Indian fintech firm Super.money names ex-Flipkart exec as CTO
Kaushik Mukherjee, with over twenty years of experience, has held previous roles at Flipkart, Ola, Udaan, and Yahoo...
