Social media startup ShareChat's valuation has fallen to $2 billion from nearly $5 billion following a new funding round, a source familiar with the situation told TechCrunch, marking a steep decline ...
Tech giants are running out of avenues for growth. In the search for their next batch of users, most of them have turned their attention to India, where more people have logged onto the internet for ...
The growing market of fantasy sports in India may soon have a new and odd entrant: ShareChat. The local social networking app, which in August last year raised $100 million in a financing round led by ...
With 220 million users, India is considered to be one of the world’s largest smartphone markets. While English is well-spoken, (statistics are hard to come by with official figures), it’s not the ...
Chinese content aggregator ByteDance has changed the design of its Indian language content app, Helo, and also tweaked its description on Google Play Store to ‘Share, Follow & Chat’, after the Delhi ...
India's ShareChat will acquire local rival MX's short-video platform in an around $700 million deal, two sources told Reuters, as competition heats up in the sector where foreign investors have placed ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most ...
NEW DELHI (Reuters) - Indian content-sharing platform ShareChat is in early-stage talks with U.S.-based Sequoia Capital and some other investors to raise up to $200 million, which could value the ...
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ShareChat reports 67% reduction in adjusted EBITDA losses, from Rs 2,400 crore to Rs 793 crore in FY24
ShareChat, a social media platform, reported a 33% year-on-year increase in revenue for FY24, reaching Rs 718 crore, compared to Rs 540 crore in FY23. The company also significantly reduced its ...
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