Alibaba Group beat quarterly revenue and profit estimates on Thursday, as its core commerce and cloud computing businesses continued to grow following China’s emergence from the coronavirus lockdown. Sales from the commerce business alone jumped 34% to 133.32 billion yuan ($19.27 billion) in the quarter ending in June, slightly slower than a year earlier but […]

Illustration: Rahul Awasthi Tier 2 and beyond cities contribute two-thirds of the total online consumer demand in India, according to a report by Unicommerce, presenting a huge growth opportunity for ecommerce and retail companies in the country. “Ecommerce firms started leveraging multiple fulfilment models to ensure error-free delivery process…online sellers also started adopting new-age technology […]

Video meeting app Zoom on Wednesday announced that it will now be available on smart home displays including Amazon Echo Show, Portal from Facebook and Google Nest Hub Max. Zoom on Portal is expected to be available publicly in September and will arrive on Echo Show and Google Nest Hub Max by the end of […]

India’s online food delivery industry has recovered 75-80% of its pre-Covid sales. However, dining-in at restaurants is still at just 8-10%, according to a report by restaurant discovery and food delivery platform Zomato. Restaurants in Delhi NCR and Chennai are worst hit, with 88% and 91% respectively still closed for dining-in business, with the outlook […]

Microsoft’s Internet Explorer (IE), which once was the world’s most popular browser — it had a peak market share of 95% in 2003 — will soon become history. Microsoft has announced that it will cease all support for it in August next year. In some products, like Teams, it will stop working even earlier. Google’s […]

Google services like Gmail and Drive suffered a major outage across the world including in India on Thursday morning as people took to social media to report connecting to several G Suite services, especially Gmail. The Down Detector portal that tracks outages showed 62% people facing problems with attachments and 25% reporting issues with log-ins. […]

Swiggy resumed services on a lean scale on Wednesday even as most of its delivery executives in Chennai continued protesting against the new wage policy. Around 5,000 Swiggy executives have been on protest since Friday, demanding a pay increase as promised during recruitment. The protesters claim the company cut their incentives by 50%-60% and rolled […]

The Board of Control for Cricket in India (BCCI) and Dream11 resolved a hitch over the latter’s top bid for the title sponsorship of the 13th edition of the Indian Premier League (IPL), paving the way for the fantasy gaming company to replace Vivo. Dream11 agreed to be the sponsor for 2020 and dropped a […]

Short-term home rental company Airbnb said on Wednesday it filed confidentially for an initial public offering with U.S. regulators, setting the stage for one of 2020’s marquee U.S. stock market debuts. The move underscores a rebound in parts of the travel industry, which was battered this year by restrictions and shutdowns due to the Covid-19 […]

Facebook and its top lobbying executive in India, Ankhi Das, are facing questions internally from employees over how political content is regulated in its biggest market, according to sources with direct knowledge and internal posts seen by Reuters. The world’s largest social network is battling a public-relations and political crisis in India after the Wall […]