Others

Swiggy’s food delivery business reaches profitability

May 18, 2023

India’s Swiggy said on Thursday that its food delivery business has become profitable, eclipsing its publicly-listed rival Zomato on another key metric a day before the firm is set to report its quarterly earnings. The Bengaluru-headquartered startup — which counts Prosus Ventures, SoftBank and Invesco among its backers — became profitable in March this year, […]

Swiggy’s food delivery business reaches profitability by Manish Singh originally published on TechCrunch

Montana just banned TikTok

May 17, 2023

Montana Governor Greg Gianforte just signed the nation’s strongest restrictions on Chinese-owned social media app TikTok into law. TikTok has faced mounting pressure in the U.S. from Congress and state legislatures alike in recent months, but Montana’s actions escalate those threats considerably, even if the issue of enforcement remains an open question. To protect Montanans’ […]

Montana just banned TikTok by Taylor Hatmaker originally published on TechCrunch

Netflix touts successful ad tier with nearly 5M monthly active users

May 17, 2023

During Netflix’s first Upfront presentation on Wednesday, Netflix revealed that its ad plan has nearly five million global monthly active users. This is the first time the company has disclosed figures for the new tier — which only launched six months ago — and the number is certainly notable. In March, Bloomberg reported that one million […]

Netflix touts successful ad tier with nearly 5M monthly active users by Lauren Forristal originally published on TechCrunch