Wednesday, November 6

Search Results for: ofo

Marketing Head Daman Soni steps down from MobiKwik

Digital Wallet Firm MobiKwik’s marketing and growth department head, Daman Soni has resigned from his post, marking another senior level exit from the company. While the firm witnessed a growth as compared to its previous reports it has lost some prominent employees in its senior level hierarchy in a span of last 6-8 months. A […]

Knowledge Sharing Platform Vokal Acquires Quizzing App StupidChat

India’s largest peer to peer Knowledge Sharing Platform, Vokal has acquired a social network based quizzing app called StupidChat Technologies in an all-stock deal for an undisclosed amount. Founded in 2017 by Sourav Karmakar and Saheb Roy, StupidChat App is often known as the Uber of Anonymous Social Network that lets users connect with people […]

5 Must-Read Business Books in 2023

Are you an aspiring entrepreneur seeking to enhance your business knowledge in 2020? We have come up with our own researched list of top 5 books that you can read to gain some business inspiration in 2020.

Meituan Dianping Acquires Mobike for $ 2.7 Billion

Meituan Dianping, a Chinese mobile internet company also operating a trading platform and local life information recently acquired Mobike for $2.7 billion. Tencent Holdings support both companies and the deal is likely to increase the competition between the holding company and the Alibaba Group as both companies go toe-to-toe in a fierce competition to maximize […]

WeWork Coworking Acquisitions & Its Growth

WeWork, the famous co-working space provider was founded in 2010 when it opened two offices in New York. The purpose of the company was to provide workspaces to companies and people where they could expand together. They are also reknown for giving their locations a design face-lift and providing their client-base with dynamic environments that […]

Playboy Introduces Cryptocurrency Wallet For its Online Platforms

LOS ANGELES- The Playboy Enterprises Inc, popular as a Playboy magazine announced that the company added an additional service Vice Industry Token (VIT) for online payment. The service will support a number of cryptocurrencies payment across the company’s online media, digital and casual gaming businesses. Playboy.TV will be the first of the company’s media platforms to feature the new […]

Bike Rental Company Raises $866 Million From Alibaba

China’s bike rental giant, Ofo announced it raised $866 million investment led by Alibaba Group, with additional partners in Haofeng Group, Tianhe Capital, Ant Financial and Junli Capital. The company is using a combination of debt and equity financing for this round of investment. A statement from the company claimed that this new funding represents […]

Funding Facebook : From Harvard Dorm Room to $500 Bn Company

What started in a dorm room of Harvard University has totally changed the outlook of people all across the world on how they socialize. We are talking about none other than Facebook or “TheFacebook” as it was called back then! Facebook was founded by Mark Zuckerberg and his college roommate and fellow Harvard University student […]

Messaging Platform Telegram Raised $850 million

As per the latest filing by Telegram CEO Pavel Durov with SEC, Telegram’s billion dollar ICO (Initial Coin Offering) has raised its initial $850 million, reaching its first milestone. According to the report, that was submitted on Tuesday, the money is raised for the “development” of TON (Telegram Open Network) Blockchain, “the development and maintenance […]

Online Coding Startup HackerRank Raises $30M in Series C Round

Technical talent evaluation and online coding challenge community HackerRank announced on Tuesday that it has secured $30 million in a Series C round of funding led by JMI Equity, a growth equity firm focused on investing in leading software companies. In addition to that, Suken Vakil, General Partner at JMI Equity, has joined HackerRank’s Board […]

Despite Fall in iPhone Sales, Apple Makes Biggest Ever Company Profit

The quarterly profit results for the most crucial quarter of Apple are out, and those are outstanding! Breaking its own record which was set 2 years ago, Apple posted a revenue of $88.3 billion and net quarterly profit of $20.1 billion. The results come after the launch of its $999 surprise phone- iPhoneX which was […]

AI will be Bigger Than Electricity or Fire- Sundar Pichai, Google CEO

weforum- Sundar Pichai, CEO of Google was speaking at Wef 2018 conference said that the Artificial Intelligence will save us not destroy us. “AI is probably the most important thing humanity has ever worked on. I think of it as something more profound than electricity or fire,” he said. “Any time you work with technology, […]