An association representing over 2,000 sellers on various e-commerce platforms has formally complained to the Reserve Bank of India (RBI) over alleged non-payment of dues by Chinese e-tailer Club Factory. The All India Online Vendors Association (AIOVA), in the complaint dated August 10, said Club Factory had violated Section 28 of the Payments and Settlements […]
Online sellers’ lobby approaches RBI over non-payment of dues by Club Factory
An association representing over 2,000 sellers on various e-commerce platforms has formally complained to the Reserve Bank of India (RBI) over alleged non-payment of dues by Chinese e-tailer Club Factory. The All India Online Vendors Association (AIOVA), in the complaint dated August 10, said Club Factory had violated Section 28 of the Payments and Settlements […]
Hate speech on FB went up from 9.6 million pieces to 22.5 million during pandemic
While the world was busy firefighting misinformation after the Covid-19 outbreak, hate speech on social media went up exponentially — Facebook removed 22.5 million pieces of hateful content from its platform between April and June, its latest community guidelines enforcement report, released on Tuesday night said. It’s much higher than the 9.6 million pieces removed […]
Hate speech on FB went up from 9.6 million pieces to 22.5 million during pandemic
While the world was busy firefighting misinformation after the Covid-19 outbreak, hate speech on social media went up exponentially — Facebook removed 22.5 million pieces of hateful content from its platform between April and June, its latest community guidelines enforcement report, released on Tuesday night said. It’s much higher than the 9.6 million pieces removed […]
Covid-19 pandemic may push digital pay up 37% to Rs 4,067 lakh crore by FY 2022
The Covid-19 pandemic is bringing about a transformation in the payment habits of Indian consumers similar to what was seen during the ban on high-value currency notes in 2016, according to a new report by RedSeer Consulting. Digital payment volumes across channels such as the Unified Payments Interface (UPI), wallets and cards are set to […]
Covid-19 pandemic may push digital pay up 37% to Rs 4,067 lakh crore by FY 2022
The Covid-19 pandemic is bringing about a transformation in the payment habits of Indian consumers similar to what was seen during the ban on high-value currency notes in 2016, according to a new report by RedSeer Consulting. Digital payment volumes across channels such as the Unified Payments Interface (UPI), wallets and cards are set to […]
ETtech Top 5: Airbnb’s IPO plans, Tencent’s gaming boost & more
Home rental platform Airbnb is eyeing its much-anticipated initial public offering after witnessing a surprise turnaround in recent months. We also go deeper into various issues that are currently impacting India’s influencer marketing industry. Airbnb’s IPO plans The Covid-19 pandemic has hit several businesses across the world, especially those in the travel and hospitality industry. […]
ETtech Top 5: Airbnb’s IPO plans, Tencent’s gaming boost & more
Home rental platform Airbnb is eyeing its much-anticipated initial public offering after witnessing a surprise turnaround in recent months. We also go deeper into various issues that are currently impacting India’s influencer marketing industry. Airbnb’s IPO plans The Covid-19 pandemic has hit several businesses across the world, especially those in the travel and hospitality industry. […]
Tencent Q2 profit up 37% on the back of strong games demand
(File photo) Chinese gaming and social media giant Tencent Holdings said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games as coronavirus put a dent in other entertainment options. Revenue from online games, which accounts for one-third of total sales, jumped 40% in the quarter, primarily driven by smart […]
Tencent Q2 profit up 37% on the back of strong games demand
(File photo) Chinese gaming and social media giant Tencent Holdings said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games as coronavirus put a dent in other entertainment options. Revenue from online games, which accounts for one-third of total sales, jumped 40% in the quarter, primarily driven by smart […]