The extremely competitive social media landscape was also among the top issues on the minds of WeChat executives.
Tag: WeChat
We are Sweden-based and not malware, says Truecaller
Reacting to reports that the Indian security establishment asked troops to delete some 40 Chinese mobile apps, including the leading communication app Truecaller, to avoid a possible cyber attack, the company on Thursday denied any foul play on its part. According to reports, the Intelligence Bureau (IB) in a November[Read More…]
Hike raises $175 million in funding, to take on WhatsApp in India
Instant messaging application Hike raised $175 million (₹1,200 crore) from China’s Tencent and Taiwanese firm Foxconn, marking one of the biggest transactions in the Indian startup industry this year. Its existing investors, Tiger Global, Bharti Enterprises and SoftBank Group, also participated in the round of funding. This takes the valuation of[Read More…]