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TikTok-owner ByteDance exits DailyHunt, Josh parent VerSe

TMT

02 June, 2022

TikTok-owner ByteDance exits DailyHunt, Josh parent VerSe

Chinese investor ByteDance has fully exited VerSe Innovation, the parent company of content aggregator DailyHunt and short video platform Josh. ......

Chingari's crypto token GARI raises $40Mn in 24 hours of its live sale

TMT

06 November, 2021

Chingari's crypto token GARI raises $40Mn in 24 hours of its live sale

Video-focused social media platform Chingari’s crypto token $GARI has raised $40 million within 24 hours of its live sale on Republic ......

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Sharechat in talks to buy MX TakaTak

TMT

12 October, 2021

Sharechat in talks to buy MX TakaTak

Homegrown short video platform Sharechat is in talks to acquire Times Internet-owned MX TakaTak, two people familiar with the development ......

Facebook launches ads globally for TikTok clone Instagram Reels

TMT

17 June, 2021

Facebook launches ads globally for TikTok clone Instagram Reels

Facebook Inc is launching ads globally on its TikTok clone Instagram Reels, the company said on Thursday. The social media company, ......

ByteDance founder to step down as CEO, hand over to college roommate

People

20 May, 2021

ByteDance founder to step down as CEO, hand over to college roommate

Zhang Yiming will step down as chief executive of TikTok-owner ByteDance, leaving the task of navigating a rising number of ......

Facebook begins testing ads on its TikTok clone in India, other nations

TMT

23 April, 2021

Facebook begins testing ads on its TikTok clone in India, other nations

Facebook Inc on Thursday said it will begin testing ads on its TikTok clone Instagram Reels in India, Brazil, Germany ......

Court grants no relief to ByteDance in tax evasion case

TMT

31 March, 2021

Court grants no relief to ByteDance in tax evasion case

An Indian court on Wednesday granted no immediate relief to China's ByteDance in a case where the company has challenged ......

Dailyhunt parent buys Vebbler to boost short-video app Josh

TMT

10 March, 2021

Dailyhunt parent buys Vebbler to boost short-video app Josh

VerSe Innovation, which runs news aggregating platform DailyHunt and short-video application Josh India, has acquired Vebbler, a community-focused photo and ......

ByteDance explores sale of Indian TikTok assets to rival firm Glance

TMT

15 February, 2021

ByteDance explores sale of Indian TikTok assets to rival firm Glance

China's ByteDance is said to be exploring the sale of the India operations of TikTok to rival unicorn Glance, Bloomberg ......

ShareChat parent reports maiden revenues from ads; Raises $60 mn loan from Twitter Ventures

TMT

09 February, 2021

ShareChat parent reports maiden revenues from ads; Raises $60 mn loan from Twitter Ventures

Bengaluru-headquartered Mohalla Tech Private Limited which owns and operates Indian language social media platform ShareChat and short video platform Moj, ......