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 ...
As the fight in the short video app market gets hotter, Mohalla Tech, the parent company of Bengaluru-based vernacular social and content platform ShareChat has acquired Transversal Tech-owned video ...
India's ShareChat will acquire local rival MX's short-video platform in an around $700 million deal, two sources told Reuters, as competition heats up in the sector where foreign investors have placed ...
Tiger Global-backed ShareChat and Times Internet-owned on-demand video streaming service MX Player have agreed to “strategically merge” their short video apps Moj and MX TakaTak, the two firms said ...
NEW DELHI, Feb 10 (Reuters) - The parent company of India's ShareChat has acquired local rival MX's short-video platform in a roughly $700 million deal, two sources told Reuters, as competition heats ...
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