Hike, an India-based instant messaging company, recently updated its app to launch a new feature: a digital payments wallet. According to a report in Reuters, digital payments are surging in India. The country’s Prime Minister removed high-denomination currency from circulation late last year in an effort to...
American companies looking to break into India’s burgeoning digital marketplace are time and time again running up against stiff competition from local startups and their major financial backer, China. U.S. companies like Amazon, Facebook and Uber have collectively invested multiple billions of dollars to increase...
Hike, the Indian messaging app that raised $175 million from Tencent of China this past August, has announced updates to its service, taking a page from popular messaging app Snapchat. Some of the updates announced last week include Stories on Hike, which Hike is promoting...
August 02, 2017
Paytm is planning to launch a messaging service by the end of August to compete with Facebook Inc’s WhatsApp. According to Reuters, an unnamed source said that Paytm, which is backed by Japan’s SoftBank and China’s Alibaba, wants to attract people in India to use a messaging service embedded in its payments app, The company […]
June 21, 2017
Hike, an India-based instant messaging company, recently updated its app to launch a new feature: a digital payments wallet. According to a report in Reuters, digital payments are surging in India. The...
March 30, 2017
American companies looking to break into India’s burgeoning digital marketplace are time and time again running up against stiff competition from local startups and their major financial backer, China. U.S....
November 21, 2016
Hike, the Indian messaging app that raised $175 million from Tencent of China this past August, has announced updates to its service, taking a page from popular messaging app Snapchat....
