Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve Bank of India’s clampdown that significantly curtailed the payments bank business unit. The Noida-headquartered firm’s loss more than doubled to $ 100 million in the quarter ending June, it disclosed Friday. […]
Threads widens the gap with X, with triple the daily downloads on iOS
Although an app’s downloads aren’t an exact proxy for usage, they can hint at where the market is headed. And in the case of the alt-Twitter wars, the app winning the game right now is Instagram’s Threads. Meta’s take on Twitter now sees triple the daily downloads of X (formerly Twitter) on iOS globally, and […]