WhatsApp has launched an aggressive ‘cashback strategy’ to emerge as a serious challenger against the likes of PhonePe and Google Pay, which hold a market share of 47% and 34% share, respectively.
The action was taken in response to grievances received from users and through its prevention and detection methods for violating the laws of India or its terms of service.
This includes creating and authenticating their Digilocker account, downloading documents such as PAN card, driving license, vehicle registration certificate, among others, all on WhatsApp.
Operators who hold most of the shares move prices by spreading messages through SMS, social media and then dump the shares once the price rises, says Zerodha
In a freewheeling chat with Fortune India and editorji, Facebook India head Ajit Mohan talks about the social media giant’s take on the new IT norms, and its views on privacy, among other things.
Facebook earned its chops by connecting people. Its next big bets are on content creators and small businesses. And aiding it are Whatsapp and Instagram.
Although social media has been in the news for all the wrong reasons of late, recent trends and new companies that are coming up point towards an exciting future.
Home-grown microblogging app Koo—which provides non-English speakers a platform to express themselves—is the flavour of the season. But can it compete with Big Tech and other domestic platforms?
To understand data privacy, we need to question data's fundamental nature. Does it possess the qualities of a 'property' that can be bought and sold? Or instead, should we treat it as 'information'?