Paytm’s merchant base grew to 26.7 million merchants and its loss increased from ₹441.8 crores in the same quarter last year to ₹761.4 crores in Q4 FY 2022.
WhatsApp opens its Cloud API for all small businesses
With WhatsApp Cloud API, businesses will be able to build a customized dashboard to chat with customers quickly and offer customer services, and they can do all of this without having to pay a single penny.
Netflix struggling to maintain long term subscribers, says new report
Quite possibly the biggest issue, which could well be behind Netflix’s loss in long term subscription base, is the steady increase in its subscription price.
Ola to scale down Ola Foods, some cloud kitchen brands to integrate with Ola Dash
In 2015, Ola made its first venture into the food delivery business with Ola Cafe, its 20-minute food delivery service. However, it did not take off and was soon shut down.
Amazon launches Smart Commerce to digitise small stores across India
Amazon’s goals for India have been well on pace for timely completion. India has already accounted for $5 Billion in exports via Amazon, and is on pace to reach $20 billion by the year 2025.
Musk puts Twitter deal on hold until CEO Agrawal shows proof of twitter spam being <5%
Musk tweeted “20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher. My offer was based on Twitter’s SEC filings being accurate.”
Google I/O 2022: Maps gets “Immersive View,” Auto Summary comes to Google Docs, and more
At this year’s I/O 2022, Google unveiled a slew of software upgrades, including some critical ones on Google Maps, Google Chat, Youtube, Chrome and much more.
“Informal pressure” from RBI caused trading to halt: Coinbase CEO Brian Armstrong
Despite early setback, Coinbase CEO Brian Armstrong wants to continue with the advance in Indian demographic, even if it isn’t the most profitable decision for the company.
