Illustration: Rahul Awasthi Rural India is expected to have 304 million monthly active internet users by year-end, market research company Kantar said in a report shared exclusively with ET. If one uses the internet at least once in 30 days, he or she is tagged as a monthly active user in industry parlance. Kantar estimates […]
Rural India to drive Internet usage in the country: Report
Illustration: Rahul Awasthi Rural India is expected to have 304 million monthly active internet users by year-end, market research company Kantar said in a report shared exclusively with ET. If one uses the internet at least once in 30 days, he or she is tagged as a monthly active user in industry parlance. Kantar estimates […]
Platforms hear disturbing facts from ‘Bois Locker Room’
A case involving a bunch of schoolboys from the National Capital Region on Instagram – a group called “Bois Locker Room” who are said to have made lewd and objectionable remarks about women and mentioned rape and gang-rape, among other things – has once again turned the spotlight on social media platforms and their approach […]
Platforms hear disturbing facts from ‘Bois Locker Room’
A case involving a bunch of schoolboys from the National Capital Region on Instagram – a group called “Bois Locker Room” who are said to have made lewd and objectionable remarks about women and mentioned rape and gang-rape, among other things – has once again turned the spotlight on social media platforms and their approach […]
ETtech Top 5: Shared mobility firms turn to new biz models, e-commerce surge in the offing & more
Happy Tuesday! The ongoing lockdown has forced shared mobility startups—hardest hit by the virus outbreak—to pivot to new business models. Ride-hailing apps like Ola and Uber, and bike rental platforms such as Vogo, Bounce, Rapido and Yulu are expanding their portfolio and restructuring their category mix to gear up for a post-Covid-19 market, as consumer […]
ETtech Top 5: Shared mobility firms turn to new biz models, e-commerce surge in the offing & more
Happy Tuesday! The ongoing lockdown has forced shared mobility startups—hardest hit by the virus outbreak—to pivot to new business models. Ride-hailing apps like Ola and Uber, and bike rental platforms such as Vogo, Bounce, Rapido and Yulu are expanding their portfolio and restructuring their category mix to gear up for a post-Covid-19 market, as consumer […]
Fintech startup Robinhood raises fresh funds at $8.3 billion valuation
Robinhood said on Monday it has raised $280 million in a funding round that valued the online brokerage at $8.3 billion as it benefits from new signups amid increased market volatility and stay-at-home orders due to the coronavirus. The company, which introduced millennials to equities, options and crypto trading, said the latest round was led […]
Fintech startup Robinhood raises fresh funds at $8.3 billion valuation
Robinhood said on Monday it has raised $280 million in a funding round that valued the online brokerage at $8.3 billion as it benefits from new signups amid increased market volatility and stay-at-home orders due to the coronavirus. The company, which introduced millennials to equities, options and crypto trading, said the latest round was led […]
E-commerce firms seek clarity on equalisation levy
E-commerce firms based overseas have asked the government to impose equalisation levy of 2% only on the facilitation fee they get for transactions they carry out in India instead of on the full transaction and said this should be treated as their turnover. They also suggested that the levy should not be imposed on services […]
Indians bet on online gaming to kill boredom
Illustration: Rahul Awasthi Online games involving exchange of money have caught on with Indians stuck at home due to the Covid-19 pandemic. Gaming firms have noted a sharp increase in customers looking to ward off boredom by indulging in games such as poker, rummy and bingo, and are placing bets even on simple games like […]