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Walmart eyes $3 billion funding for Flipkart at a $40 billion valuation-thumnail

Walmart eyes $3 billion funding for Flipkart at a $40 billion valuation

Walmart is keen to bring in strategic investors in Walmart-Flipkart so that Flipkart can get additional expertise as well as consistent funding support as and when required to stay ahead

Industry

Oct 26, 2022

Meta-owned Whatsapp’s hour-long outage hampered small businesses-thumnail

Meta-owned Whatsapp’s hour-long outage hampered small businesses

The WhatsApp outage is the latest among multiple outages of global platforms such as Facebook, Google, and content delivery network (CDN) provider, Cloudflare. On Tuesday, popular Meta-owned messaging service, WhatsApp,

Industry

Oct 26, 2022

Indonesia introduced a new 10-year tourist visa for people with a $130,000 bank-thumnail

Indonesia introduced a new 10-year tourist visa for people with a $130,000 bank

Indonesia has joined the race to attract wealthy foreigners by using the trump card of Bali. The government has created a new five-year and ten-year “second house visa” for people

Industry

Oct 26, 2022

It can be difficult for Jio to increase revenue without rate hikes and 4G upgrades-thumnail

It can be difficult for Jio to increase revenue without rate hikes and 4G upgrades

Reliance Jio Infocomm’s modest fiscal Q2 results highlight the issue of revenue growth, especially in the absence of rate hikes as no subscribers have switched from 2G to 4G. Expense

Industry

Oct 26, 2022

B2C brands have specific advantages over large enterprises-thumnail

B2C brands have specific advantages over large enterprises

The days of mega-brands are over and large corporations have to put in a lot more effort and have a portfolio of multiple mid-tier brands. B2C or B2C brands aren’t

Advertising

Oct 26, 2022

Due to higher ESOP costs, Unacademy’s losses nearly double to Rs 2,848 crore in FY22-thumnail

Due to higher ESOP costs, Unacademy’s losses nearly double to Rs 2,848 crore in FY22

Unacademy, on the other hand, reported an increase in operating revenue of more than 80% to Rs 719 crore from Rs 398 crore the previous year. Its total income increased

Education

Oct 25, 2022

These three businesses are also run by Rishi Sunak’s billionaire wife. Examine it.-thumnail

These three businesses are also run by Rishi Sunak’s billionaire wife. Examine it.

On LinkedIn, Akshata Murty is listed as the director of three companies. We explain what these businesses do and what Murty’s role is in them. Akshata Murty, the wife of

Industry

Oct 25, 2022

Apple has updated its App Store policies for crypto and NFT payments: Details-thumnail

Apple has updated its App Store policies for crypto and NFT payments: Details

According to Apple’s revised guidelines, “apps may use in-app purchases to sell and sell services related to non-fungible tokens (NFTs), such as minting, listing, and transferring.” The new Apple App

Industry

Oct 25, 2022

Mukesh Ambani’s Reliance will rely on its $200 billion balance sheet and take advantage of its low cost of capital – here’s how-thumnail

Mukesh Ambani’s Reliance will rely on its $200 billion balance sheet and take advantage of its low cost of capital – here’s how

The digital footprints of consumers could aid Mukesh Ambani’s financial services ambitions and unlock shareholder value. Five exabytes of storage would be sufficient to record every word ever spoken by

Advertising

Oct 25, 2022

Nykaa shares have fallen below the IPO issue price; Delhivery is trading near its 52-week low.-thumnail

Nykaa shares have fallen below the IPO issue price; Delhivery is trading near its 52-week low.

Nykaa stock was listed in November of last year, and it has dropped more than 52% since then. Shares of FSN E-Commerce Ventures, the parent company of cosmetics-to-fashion retailer Nykaa,

Industry

Oct 25, 2022

Meta introduces a Bitmoji-style Facebook avatar to WhatsApp-thumnail

Meta introduces a Bitmoji-style Facebook avatar to WhatsApp

Facebook’s Bitmoji-style avatars that previously invaded Instagram and Messenger now also appear on Whatsapp. According to The Verge, a WABetaInfo report says WhatsApp is rolling out support for custom avatars

Industry

Oct 25, 2022

According to sources, JIP valued Toshiba at $16 billion in its takeover bid.-thumnail

According to sources, JIP valued Toshiba at $16 billion in its takeover bid.

JIP Group, the preferred bidder for privatizing Japanese industrial groups, plans to request 1 trillion yen in cash and 1.4 trillion yen from the bank for financing. A corporation led

Education

Oct 25, 2022


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