Companies aren’t yet ditching the app, but are revisiting their development labs to come out with mobile sites accessed from browsers.

Speed Fetch is offering free downloadable video content through WiFi hot spots across the country at speeds up to 60 Mbps.

Xiaomi is rapidly expanding in the smartphone space and is already setting up a research and development centre in Bangalore.

“The entry of Alibaba could increase the intensity of competition and lead to more consolidation in the industry,” said Pragya Singh, princ...