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 ...
The parent company of 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 ...
Bengaluru-based social media startup ShareChat’s parent company Mohalla Tech, which also operates the short-video app Moj is in talks to acquire Times Internet’s MX TakaTak. According to a Mint report ...
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 ...
India's booming short-form video market is just about getting started, with demand for engaging local content and uptake in smaller locations fuelling growth, Manohar Singh Charan, chief financial ...
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 ...
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 ...