Sundar Pichai, CEO of Google, interacts with children who have been trying out Google’s newly launched reading tutor app “Bolo” in Mumbai, India, Friday, March 8, 2019. Google on Wednesday unveiled the Bolo android app that is a speech-based reading-tutor app aimed at rural kids.Photo/Rajanish Kakade) Google CEO Sundar Pichai, who advocates greater participation of […]
Reliance plans major expansion of its fashion stores & integrate them with its online business
Reliance Industries plans to grow the number of low-cost Reliance Trends fashion stores across India to 2,500 from 557 over the next five years and integrate them with its online business, two people briefed on the plans said. The expansion, which has not been reported before, is the latest move by the conglomerate’s billionaire owner […]
E-commerce, consumer internet firms raised over $7B in PE & VC capital in 2018: EY
E-commerce and consumer internet companies have raised over $7 billion in private equity and venture capital funding in 2018, says EY report. The report, titled ‘E-commerce and Consumer Internet Sector – India Trendbook 2019’, noted that majority of the funding was towards building supply chain, expanding into new segments, acquisition/consolidation, and bringing innovative product offerings. […]
Amazon’s influence machine flooding Washington with money and muscle
After building out a powerful influence machine in Washington over the last few years, Amazon is going on the attack. The company is pushing aside trade groups it doesn’t like and creating new ones it does. It’s dispatching senior executives to woo antitrust enforcers. And it’s poaching senior staff from government agencies and congressional offices. […]
Facebook’s vision of future? Looks like Chinese app WeChat
Facebook CEO Mark Zuckerberg is taking the social media company in a new direction by focusing on messaging. Chinese tech giant Tencent got there years ago with its app WeChat. Zuckerberg outlined his vision to give people ways to communicate privately, by stitching together Facebook’s various services so users can contact each other across all […]
Facebook’s vision of future? Looks like Chinese app WeChat
Facebook CEO Mark Zuckerberg is taking the social media company in a new direction by focusing on messaging. Chinese tech giant Tencent got there years ago with its app WeChat. Zuckerberg outlined his vision to give people ways to communicate privately, by stitching together Facebook’s various services so users can contact each other across all […]
Airbnb buys HotelTonight in deeper expansion into hotel-booking business
Home-renting company Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into the hotel-booking business to attract a wider variety of travelers ahead of a hotly anticipated initial public offering. The acquisition, which Airbnb announced on Thursday, expands the company’s inventory by adding a number of listings […]
Airbnb buys HotelTonight in deeper expansion into hotel-booking business
Home-renting company Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into the hotel-booking business to attract a wider variety of travelers ahead of a hotly anticipated initial public offering. The acquisition, which Airbnb announced on Thursday, expands the company’s inventory by adding a number of listings […]
Airbnb buys HotelTonight in deeper expansion into hotel-booking business
Home-renting company Airbnb has bought HotelTonight, an app for finding hotel rooms at a discount, as it wades deeper into the hotel-booking business to attract a wider variety of travelers ahead of a hotly anticipated initial public offering. The acquisition, which Airbnb announced on Thursday, expands the company’s inventory by adding a number of listings […]
Flipkart appoints intermediaries to work around new FDI norms
Flipkart has appointed half-a-dozen companies as intermediaries between its wholesale unit and some preferred sellers on its platform to get around the 25% cap on direct purchases from entities related to marketplaces, two people familiar with the development said. Sports Lifestyle Pvt, Premium Lifestyle & Fashion India Pvt and Wishberry Online Services are among the […]