Twitter is rolling out its ephemeral tweets experiment “Fleets” to India, which allows users to share text, photos, and videos that disappear within 24 hours. These Fleets don’t get retweets, likes or public replies and people can only react to them with direct messages, similar to how Stories on Snapchat or Instagram function. Users will […]
Amazon woos businesses with discounts as they reopen
Amazon India is looking to tap into demand for safety equipment, office supplies and more as businesses begin to reopen after almost two months of lockdowns implemented to stop the spread of the Covid-19 pandemic. The company, through its business-to-business (B2B) marketplace, is offering a curated selection of goods that small and medium business would […]
ETtech Top 5: Startups aid safe reopening, job market woes, Esops relief & more
Happy Tuesday! From tracking entry of people inside an elevator to keeping an eye on those who aren’t wearing masks, Indian startups are not letting the Covid-19 crisis go to waste. As offices and malls reopen across the country, many startups have come up with technology-based solutions to handle crowding and maintain physical distancing. Social-distancing […]
BEML’s internal data and employee credentials leaked on dark web: Report
Internal documents of defence public sector undertaking BEML (Bharat Earth Movers Limited) have been leaked on marketplaces in the dark web, US-based cybersecurity research firm Cyble said on Tuesday. The actual leak of the documents took place on May 25, it said, suspecting that a hacktivist or a Pakistan-based threat actor called ‘R3dr0x’ has targeted […]
ETtech Top 5: Kalyan Krishnamurthy interview, Arkam Ventures’ first close, Scootsy shutdown & more
Happy Monday! The Covid-19 pandemic has changed the way consumers think about essentials. Prior to the coronavirus outbreak, essentials were mostly grocery items and consumables. But with everyone spending most of their time at home, people have moved to a new definition of essentials. That’s according to Kalyan Krishnamurthy, group chief executive at Flipkart. In […]
Airbnb joins vacation-rental sites seeing surge in summer demand
By Olivia Carville Antsy city dwellers seeking to escape their Covid-19 refuges are road-tripping to nearby vacation rentals in surprisingly strong numbers, showing the first signs of life for an industry that essentially ground to a halt in March. “People, after having been stuck in their homes for a few months, do want to get […]
Coronavirus-related searches see a drop, people back to Googling for films, weather
After dominating the conversations for weeks, coronavirus seems to be falling off the popularity charts as netizens in the country went back to searching for topics like films and weather on Google in May. According to Google search trends, the search volume for coronavirus in May was half of that in April even though the […]
Didi Chuxing CEO says ride sharing orders recover to pre-pandemic levels
Didi Chuxing, China’s biggest ride-hailing company which counts SoftBank as a backer, saw its ride sharing orders in China this month recover to levels seen over the same period a year earlier, its founder and Chief Executive Cheng Wei said. Didi’s peak daily ride sharing orders surpassed 30 million, Cheng said in a statement on […]
Consumer internet companies line up loans amid slowing economy
With the economy opening up after lockdown, consumer-focused large online platforms are lining up new loans or credit lines to tap into the growing demand for credit among consumers, even when lending-focused startups are being cautious before issuing new loans. Digital payments platform Paytm has reworked its lending product Postpaid with an enhanced credit limit […]
Consumers may spend less, seek value for money: Survey
Indian consumer companies are tailoring marketing and output plans that will suit the thrift-focused buyer, with the lockdown-induced disruptions triggering health and income-loss concerns across the country. As foods and groceries are the only categories reporting stable sales, companies are focusing on the value end of the spectrum for most product lines, assuming that cuts […]