Wednesday, November 6

Tag: shareit

Indian government ban 59 Chinese Apps, Tiktok replied
INDIA

Indian government ban 59 Chinese Apps, Tiktok replied

New Delhi, 30th June 2020: India government banned 59 Chinese apps including hugely popular TikTok, Shareit, etc. stating that they were prejudicial to sovereignty, integrity, and security of the country. Amid current stand-off along with the Line of Actual Control (LAC) with China, the move by the Indian government sends a clear message to the world about India's stand over Chinese incursion. The Information Technology Ministry in a statement said it has received many complaints from various sources, including several reports about misuse of some mobile apps available on Android and iOS platforms for "stealing and surreptitiously transmitting users' data in an unauthorised manner to servers which have locations outside India". "The compilation of these data, its mining and profi...
SHAREit Acquires South Indian Movie Streaming App
ACQUISITION

SHAREit Acquires South Indian Movie Streaming App

SHAREit, the Beijing-based file sharing platform recently announced the acquisition of movie app Fastfilmz that only displays South Indian movies, for an undisclosed amount. SHAREit revealed in a statement that the acquisition valued the company at $13 million. Fastfilmz last raised a funding round of $4 million last year. The founder of Fastfilmz, Karam Malhotra will move to SHAREit office, taking the post of Chief Executive of SHAREit India. The acquisition of Fastfilmz has been made to carry out the ambitions of the Chinese tech company in distributing wider contents across regional languages as well. Fastfilmz operates as an over-the-top (OTT) platform meaning that it sells the movies it broadcasts directly to its customer base over the internet through streaming media, instea...
The Top Ten Most Downloaded Apps in India
Tech

The Top Ten Most Downloaded Apps in India

Given the growing human dependence on internet and smartphones, the application market has been constantly booming.Indians are using smartphones and the internet in diverse aspects of their lives and owning a smartphone is really seen as an asset to facilitate one’s life.   Smartphones and their apps are extensively being used for communication among peers, to do some shopping or buy groceries, for cashless payments and food delivery.   The evolution of this digital revolution is also extending to other sectors such as health, insurance, loan credit and entertainment as well, cementing the digital culture further in the Indian society   Presently, India stands among the most internet-friendly ecosystems in the world and the scale and scope of this new...
SHAREit Becomes Model Case of a Company’s Rise in India
News

SHAREit Becomes Model Case of a Company’s Rise in India

Investors and entrepreneurs are always looking for opportunities in a booming market regardless of what stage of development that market is in. From China more than a decade ago to India nowadays, industry leaders have always kept an eye on the Asian market, while India has replaced China as the market with the most potential and become a new driver of global economic growth. Entrepreneurs from across the world are competing in India's internet market. As a result, companies that deliver quality products to India's immense number of consumers are building and consolidating a leading position in the global market. SHAREit is one such case. From gaining 1 billion users worldwide within five years, to appearing on Google Play's homepage over 700 times and claiming the number one spot on...
SHAREit’s Global Users Surpass One Billion
News

SHAREit’s Global Users Surpass One Billion

On March 16, 2017, SHAREit announced that its global user number surpassed one billion, including over 300 million internet users contributed by India, and more than 60% were Indian netizens. Up to now, SHAREit has already covered over 200 nations with monthly active users of nearly 400 million. Consistently ranking No.1 in the GooglePlay Popular Tool List among 33 nations and No.1 in the AppStore Productivity Rating among 62 nations. More than 700 million documents are distributed through SHAREit every day. It has a huge potential of crunching big data. Along with the technological development from Internet to mobile Internet, the world is even more interconnected. But in the current stage, India is facing a lot of obstacles. Among them, the comprehensive construction of internet in...
170 Million Downloads-This Chinese Application Has Outperformed Indian Applications
News

170 Million Downloads-This Chinese Application Has Outperformed Indian Applications

SHAREit started its campus activities on November 14, 2016. The teams summed up with many well-known Indian bloggers went on campus to discuss with college students about the impact of SHAREit on the Indian Internet market, sharing interesting stories in the course of development, maintenance and application of the software. There are around 170 million users in India, out of which most of them are college students. The process of information sharing is mainly from that group, and they most likely  rely on speed sharing through SHAREit. At Indian universities, all students are familiar with SHAREit as the main near field transmission software. In daily life, it has become the most commonly used app among college students, sharing photos, music, videos. SHAREit recently topped the Too...