Hindenburg Research claims Roblox inflated user metrics, shares drop 7.5%Hindenburg Research on Tuesday disclosed a short position in Roblox, saying the videogame company has been lying to investors and regulator...
Zomato, Swiggy seek a route to reach bottom of the pyramidBengaluru-based Swiggy has launched a pilot called ‘Pockethero’ in about 15 cities in late November that will mainly target students and fr...
Most consumer internet firms recorded growth in November: BoFA reportThe number of Zomato’s daily active users (DAUs) rose 0.6% in November over October, while that of Swiggy fell 1.9% during the same period,...
Game streaming startup Loco lays off 40 staffersAccording to multiple Loco employees ET spoke to, the company’s daily active user (DAUs) base has seen a dip recently and the launch of its...
Mingle offline: Is online dating getting outdated?Is online dating getting outdated? Six popular dating apps, including Tinder, Aisle, Truly Madly and OkCupid, have seen a drop in monthly a...
Twitter serving 90 bn tweet impressions per day: Elon Musk"Twitter is now serving almost 90 billion tweet impressions per day! Just how incredibly alive the system actually is will become obvious a...
Twitter may exceed 1 billion users in 12-18 months: Elon MuskTwitter boss Elon Musk has said that the microblogging platform may exceed one billion monthly users in the next 12 to 18 months.
Elon Musk questions Twitter's 'monetisable' daily active user numbersTesla CEO questioned the company's way of measuring its user base, which it uniquely calls "monetisable daily active users".
Snap says India expansion will help navigate new geographiesSnap said its daily active user base grew by 20% year-on-year to 319 million for Q4 2021. Its daily active user base has expanded by 20% or...
Snapchat crosses 60 million users milestone in India, clocks over 150% growth in DAUsGlobally, Snapchat had 265 million daily active users in the December 2020 quarter. Over 5 billion 'snaps' were created daily on average by...
TikTok ban: ByteDance planning to invest $1 bn in India, says Zhen Liu, SVPThe company has 500 local staff — 200 of them focus on content moderation, the company claimed — and plans to hire 1,000 more.
Gaming startup MPL ropes in Virat Kohli in Rs 12 crore dealThe company has raised over Rs 35 crore from Sequoia Capital India and has been in talks to raise another Rs 200 crore led by Indonesia’s r...
745 mn log on to Facebook daily from mobile phonesUS and Canada accounted for about 157 million daily users, while Europe and Asia Pacific contributed 217 million and 253 million users, res...
Facebook to pay WhatsApps $2 billion if deal failsFacebook will have to shell out $2 billion (over Rs 12,500 crore) if its acquisition of the instant messaging service Whatsapp fails to get...
India key source of mobile user growth: FacebookEmerging markets like India are a "key source" of growth for Facebook, with increasing number of users logging onto the site through handse...
India, Brazil and mobile users lift Facebook count to 1.15 billionBuoyed by surging user base in emerging markets, Facebook's monthly active users rose by 21 per cent to 1.15 billion.
India, Brazil help Facebook expand user base to 1.11 bnMAU's in India doubled to 78mn in Q1 2013 compared to Q1 2012, while the users in Brazil rose by 62% to 73mn during the same period.