Grofers Is Losing Rs. 24 Lakhs Per Day, Says Founder
People had been speculating that the grocery delivery business might not have the best unit economics, but we finally have some data on just how brutal it is.
People had been speculating that the grocery delivery business might not have the best unit economics, but we finally have some data on just how brutal it is.
Amazon is flourishing, and so is founder Jeff Bezos. The company’s shares have risen 54% since February this year, and that’s added $5.4 billion to Bezos wealth this year. This rise has helped him pip Warren Buffet to become the third richest man in the world.
After setting up world class offices in Hyderabad and Mumbai, that’s home to Facebook India’s operations, the social networking giant has now moved into an all new office in Gurgaon. (Delhi NCR)
Snapchat CEO Evan Spiegel is now formally engaged to Australian model and former Victoria’s Secret angel Miranda Kerr. The announcement was made by Kerr, quite appropriately, on Snapchat.
When Freshmenu, a storied food startup from Bangalore, was running ads on the keyword ‘Eatfresh’ on Google, Eatfresh didn’t take kindly to it.
Being inspired by a mega successful global startup and adapting it to a local flavour is nothing new. Ask Flipkart who modeled their…
When in Mumbai, do as the Mumbaikars do. And when you’re a temple in Mumbai, speak a language that the city understands better than any other – that of the stock market.
On 1st June, 2010, Uber had its first ride in sunny San Francisco. At 4:16 AM GMT on 18th June, it had its 2 billionth. Along the way, it became the most valuable startup in the world.
And it has released a new video showing how far the company has come.
Pokemon Go is no ordinary game. In less than 2 weeks of its launch, it’s the highest rated and installed game ever, its daily users have surpassed those of Twitter and it’s the buzzword du jour. And for those who the job was coming in the way of ‘catching em all’, here’s a man to inspire you. New Zealander Tom Currie has quit his job to become a full-time Pokémon hunter. His job designation on Facebook has been duly changed to “Pokeman trainer”.