Delhivery doubles revenue Y-o-Y to ₹2072 crore in Q4 FY22, loss remains flat
Delhivery said that it had delivered full-year operating profitability as its adjusted EBITDA came at ₹72 crore, while its adjusted cash profit after tax (PAT) amounted to ₹212 crore.
Myntra rolls out M-Express to deliver products within 48 hours
Going forward, Myntra intends to expand its M-Express offering to Tier II and Tier III cities in the country and launch its web version in the coming months.
Now Sequoia warns of “crucible moment” for startups, advises them to focus on profitability
This will not be a “V-shaped” recovery, and today’s monetary and fiscal policy tools, according to Sequoia, will force cuts in its portfolio and measures to conserve cash.
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.
