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Category: Stories

Alibaba Has Just Sold More Goods In 86 Minutes Than Amazon And Flipkart Together Sold In 2018

November 11, 2019 OfficeChai Team

It’s well known that China’s e-commerce market is far larger than India’s, but it’s breathtaking how wide the gulf really is. Chinese e-commerce…

WhatsApp Founder Jan Koum Trolls Facebook After It Adds A Splash Screen On WhatsApp

November 10, 2019November 10, 2019 OfficeChai Team

The smallest of product changes can irk founders who originally created the product, even if they’re no longer involved with the product in question….

Former Uber CEO Travis Kalanick’s New Startup CloudKitchens Is Already Worth $5 Billion

November 8, 2019 OfficeChai Team

They say lightening doesn’t strike twice, but nobody bothered to tell Travis Kalanick. Kalanick, who led Uber into becoming the world’s most valuable…

masayoshi son softbank

My Investment Judgement Was Really Bad, I Regret It: Softbank’s Masa Son On WeWork Debacle

November 7, 2019 OfficeChai Team

It’s not every day that a VC comes out in public to admit that they messed up real bad with an investment, but…

India Has 24 Unicorns, Another 52 in The Pipeline: NASSCOM Report

November 7, 2019 Navin Bhatia

India’s overall economy might be in a bit of a slowdown — auto sales are the lowest in years, and several IT companies…

India To Give Startups A 10-Year Exemption From Regulatory Filings

November 5, 2019 OfficeChai Team

India’s startups could soon spend more time working on building their products and acquiring their users, instead of filling out government paperwork. India…

We Sold Our Payments And Logistics Businesses For Less Than What They Were Worth: Snapdeal

November 4, 2019November 4, 2019 OfficeChai Team

Snapdeal had raised eyebrows when it had sold off several of its non-core businesses in quick succession a few years ago, and CEO…

Flipkart Lost Rs. 15 Crore Per Day Last Year

November 1, 2019November 1, 2019 OfficeChai Team

It’s common knowledge that Indian e-commerce companies are currently bleeding money, but it’s hard to appreciate how much money they’re really losing. Two…

Former Unicorn ShopClues Gets Acquired By Singapore-Based E-Commerce Platform For $70-100 Million

October 31, 2019October 31, 2019 OfficeChai Team

Becoming a unicorn is thought to be a badge of honor for a startup — the $1 billion valuation is thought to herald…

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