Scaling micro dramas is highly dependent on the sustained quality of micro drama content amid rising competition, coupled ...
The social media platform has tightened costs, diversified beyond ads and is now leaning on subscriptions and micro-dramas to ...
The TakaTak acquisition was aimed at strengthening Moj’s position in the burgeoning short video app space but it ended up being a INR 816 Cr write-off The ShareChat-owned app’s MAUs fell 25% in 2023 ...
Operating revenue for the fiscal year stood at Rs 723 crore, up slightly from Rs 718 crore in the previous year. The company ...
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ShareChat reports 67% reduction in adjusted EBITDA losses, from Rs 2,400 crore to Rs 793 crore in FY24
ShareChat, a social media platform, reported a 33% year-on-year increase in revenue for FY24, reaching Rs 718 crore, compared to Rs 540 crore in FY23. The company also significantly reduced its ...
Mohalla Tech posted a 62% surge in its revenue from operations to INR 540.21 Cr from INR 332.69 Cr in FY22. Total income saw a YoY increase of 54.90% to INR 628.85 Cr from INR 405.96 Cr in FY22 Social ...
Indian content-sharing platform ShareChat has raised $40 million from investors including Twitter Inc and Lightspeed Ventures as it seeks to boost usage of its new short-video app, the company said on ...
Indian social media startup ShareChat, backed by Twitter, Tiger Global and Temasek, is shutting down its fantasy sports platform Jeet11 and has laid off some employees. People familiar with the matter ...
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