Connect with us

Latest News

Facebook Enters China With Stealth App

Published

on

Facebook Enters China With Stealth App,Stealth App,Colorful Balloons,China With Stealth App,China Latest News,Startup Stories,New Technologies in 2017,facebook news today

Facebook, Twitter and other Western social media websites have been blocked by Chinese censors for years. Despite various efforts from various social media leaders, western social networking sites have not be able to enter China. Until now. New York Times reported, Facebook has authorized the release of a new app that does not carry the company’s name in an attempt to find a different way into China.

The photo sharing app called Colorful Balloons was released in May, which shares the look, function and feel of Facebook’s Moments app. New York Time also reported, according to a person with knowledge of the company’s plans, the app was released through a separate local company and without any hint that the app was affiliated with Facebook. Youge Internet Technology released the app in Apple’s app store in China, without any information that could connect them with the social media giant.

VCCircle reported, in response to an email query a Facebook spokesperson said Facebook has always been interested in China and are, therefore, spending a lot of time to understand and learn more about the country. “Our focus right now is on helping Chinese businesses and developers expand to new markets outside of China by using our ad platform,” they added.

China has the largest online market in the world and this anonymous release of an app by a major technology company shows the desperation and the frustration of global tech companies in their inability to break into this lucrative market.  At present, more than 700 million internet users in China currently use homegrown social networks such as Tencent Holding’s WeChat and microblogging service Weibo. The Chinese authorities have also partially blocked Whatsapp, which is owned by Facebook, in an attempt to ramp up censorship of social media and messaging platforms. The Chief Executive Officer of Facebook, Mark Zuckerberg has repeatedly tried to woo the Chinese authorities by learning Mandarin and by attempting to sell a book by the President of China, Xi Jinping, but to no avail. 

Continue Reading
Advertisement
1 Comment

1 Comment

  1. Code of destiny

    April 16, 2025 at 11:59 pm

    I’m really impressed along with your writing abilities as neatly as with the structure to your blog. Is that this a paid theme or did you customize it your self? Either way keep up the excellent quality writing, it’s rare to look a great blog like this one nowadays!

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

PhonePe’s PINCODE Launches 10-Minute Medicine Delivery in Cities

Published

on

PhonePe

PhonePe’s PINCODE app has launched a 24×7 online medicine delivery service in Bangalore, Mumbai, and Pune, promising delivery of both prescription and over-the-counter medicines within 10 minutes from nearby local medical shops. Unlike conventional e-pharmacies that use dark stores, PINCODE partners exclusively with neighborhood pharmacies, enabling faster deliveries and supporting local businesses in the digital economy.

Customers without prescriptions can select a “no prescription” option when ordering; a qualified doctor then provides a free teleconsultation and issues a digital prescription compliant with telemedicine guidelines, ensuring seamless access to medicines. The app offers competitive pricing by passing discounts from local pharmacies directly to customers and charges no delivery fees.

PINCODE’s hyperlocal model enhances healthcare accessibility and convenience while empowering local pharmacies, helping them remain integral to their communities and stimulating local economic growth. Launched in 2023, the app focuses on quick commerce with an emphasis on speed, reliability, and supporting local sellers.

In summary, PhonePe’s PINCODE app is transforming medicine delivery in major Indian cities by combining ultra-fast 10-minute delivery, free doctor consultations, and a hyperlocal sourcing model that benefits both consumers and neighborhood pharmacies.

Continue Reading

Latest News

Piyush Anchliya Joins Cashfree as CFO Amid Fintech Boom

Published

on

Cashfree Payment - StartupStories

Cashfree Payments has appointed Piyush Anchliya as its new Chief Financial Officer (CFO), effective April 15, 2025. Anchliya brings over 15 years of experience in investment banking, corporate finance, strategy, and mergers and acquisitions, with senior roles at Barclays, Bandhan Group, and most recently as CFO of Bandhan AMC. He holds an MBA from IIM Ahmedabad and a B.Tech. from IIT Kharagpur.

In his new role, Anchliya will lead Cashfree’s financial strategy, optimize operations, and support the company’s next growth phase. He will report to CEO and Co-founder Akash Sinha, who highlighted Anchliya’s expertise as vital for sustainable scaling and strengthening the company’s financial foundation. Anchliya succeeds outgoing CFO Vikas Guru, who will assist during the transition.

Founded in 2015, Cashfree Payments processes over $80 billion annually for more than 800,000 businesses. The company recently raised $53 million in funding led by KRAFTON and Apis Growth Fund II and secured key RBI licenses, positioning it for accelerated growth in India’s fintech sector. Anchliya’s appointment comes at a pivotal time as Cashfree aims to expand its leadership in digital payments.

Continue Reading

Latest News

Flipkart’s Jeyandran Venugopal Likely to Join Reliance Retail as CEO

Published

on

Flipkart - StartupStories

Jeyandran Venugopal, the outgoing Chief Product and Technology Officer of Flipkart, is set to become the CEO of Reliance Retail Ventures (RRV), the retail arm of Reliance Industries. His appointment, expected to be finalized in May after his exit from Flipkart, signals Reliance’s push to strengthen its retail business with a technology-first approach.

Venugopal brings extensive experience from leading roles at Flipkart, Myntra, Yahoo, Snapdeal, and Amazon, where he focused on scaling technology platforms and driving innovation. At Flipkart, he managed product, engineering, data science, and more, helping build robust systems and improve user experience.

His move comes as Reliance Retail undergoes transformation, including cost-cutting and a renewed focus on digital growth. Venugopal’s leadership is expected to accelerate Reliance’s ambitions in omnichannel and tech-driven retail, positioning the company for continued dominance in India’s evolving market.

Continue Reading
Advertisement

Recent Posts

Advertisement