Groww files for IPO; FirstCry, Nazara, Awfis report Q4 earningsWealthtech platform Groww is heading for the public markets after confidentially filing its draft IPO papers. This and more in today’s ETte...
OpenAI to open office in Seoul amid growing demand for ChatGPTOpenAI has also begun hiring staff to support partnerships with the country and expects to announce further details on this in coming month...
OpenAI’s Asian alliance; Krutrim 2.0OpenAI CEO Sam Altman is forging key alliances in Japan and South Korea to drive enterprise growth. This and more in today’s ETtech Top 5.
From tweets to transactions: Inside Elon Musk's ambitious plan for X, the 'everything app'Elon Musk, CEO of Twitter, has set out his vision for transforming the social media platform into an everything app called X, which could i...
Elon Musk's quixotic quest to turn X into an 'everything app'In Silicon Valley, the pursuit of an everything app has come up time and again as tech leaders have strained to expand their digital empire...
Flood of freshers at IT’s Big Four; Byju’s raises $250M, eyes $500M moreAs of the second quarter, IT companies have not indicated any major change in their fresher intake plans for the year except TCS, which has...
Ant, Alibaba plan for less intertwined future after China crackdownIn moves that would have been inconceivable two years ago, the affiliates have started to restrict access to each other's services, compete...
Where does BlackRock see value in India’s biggest IPO?India’s technology landscape has evolved so rapidly since 2016 that most businesses nowadays pay next to nothing for receiving customer pay...
Global shares linger at peaks ahead of Fed moveGlobal shares hovered at record highs while currency markets and U.S. Treasuries were steady on Wednesday, as investors looked to the expec...
South Korea's Krafton, maker of hit game 'PUBG', tumbles on debutAnalysts attributed the tumble to an expensive valuation and China regulation risks, with gaming companies facing uncertain prospects after...
Paytm IPO reveals Gen Z’s vision of banking is that of a big, fat weddingIf Paytm had an unrestricted banking license, it could in theory challenge traditional lenders the same way as KakaoBank in Korea.
Ant-backed Kakao Pay expects IPO to raise up to $1.4 bnKakao Pay Corp, which is backed by Chinese e-commerce company Ant Group, expects to offer 17 million new shares in an indicative range of 6...
Trai rules out need to regulate OTT players, for now“It is not an opportune moment to recommend a comprehensive regulatory framework for various aspects of services referred to as OTT service...
Social distancing makes chat app tycoon $1.2 billion richerKakao’s shares have surged 55% this year through Thursday, adding $1.2 billion to Kim’s net worth, which now stands at $3.7 billion. That p...
Is Hike Messenger worth the hype and $1.4 billion?It is the lone company in the pack that is yet to make money. Hike will “start to try making money by 2018, perhaps 2020”, says founder Kav...
A lesson in technology for India from the United States and South KoreaIndia does not want a future where its cyber lanes look like the lanes of its cities - too many people trying to get to too many places and...
How will Facebook monetize WhatsApp?While direct advertising seems off the table for now, here are some possible ways that Facebook can use for monetizing WhatsApp.