TikTok Agrees To Sell Its US Operations, Hours After Trump Threatened To Ban Chinese App: Reports
After India had banned TikTok and 58 other Chinese apps last month, the US also appears to have forced the app to leave…
Category: Startups
Flipkart Launches Flipkart Quick, A 90-Minute Hyperlocal Delivery Service For Groceries And Electronics
Flipkart is taking yet another stab at the hyperlocal deliveries market. Flipkart has announced a 90-minute hyperlocal delivery service for groceries and electronic…
Dunzo Says Users’ Last-Known Locations, Phone Numbers, And Phone Types Were Compromised In Data Hack
The Dunzo data breach, which was first disclosed earlier this month, might have been more serious than initially estimated. Dunzo has now said…
Reliance Brands Buys 15% Of Lingerie Brand Zivame, In Talks To Take Full Control Of Firm
Reliance’s startup acquisitions thus far have centered around tech — it had previously acquired chatbot company Haptik, and Hyderabad-based startup NowFloats. It now…
Swiggy Fires 350 Employees, Says Business Is Still Down 50 Percent
India’s economy has been slowly opening up over the last few weeks, but the coronavirus layoffs aren’t quite yet over. Swiggy has just…
Oyo Terminates Lease Contracts On Two Gurgaon Offices To Save Costs
As firms look to tighten purse-strings to cope with the coronavirus pandemic, large offices are ending up being the first casualty. Oyo Rooms…
Flipkart Acquires Walmart’s India Wholesale Business, Will Launch Flipkart Wholesale Next Month
Walmart has consolidated its India holdings, making Flipkart the umbrella brand for all its India initiatives. Flipkart’s wholesale unit will acquire Walmart India’s…
Mark Zuckerberg Worried That If India Can Ban TikTok, It Can Also Ban Facebook: Reports
TikTok’s ban should’ve come as welcome news for rival social media companies, but Facebook CEO Mark Zuckerberg is apparently not particularly thrilled with…
Curefit Lays Off 600 Employees, After Laying Off 800 In May
Startups that have been the worst-hit by the coronavirus pandemic are continuing to try to cut costs. Fitness startup Curefit has laid of…