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Facebook Enters China With Stealth App

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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. 

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Mahanagar Gas Partners with Nawgati to Boost CNG Adoption!

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Nawgati

Mahanagar Gas Limited (MGL) has joined forces with Nawgati, a fuel aggregator startup, to implement a fleet program aimed at accelerating the adoption of CNG (Compressed Natural Gas) vehicles in Mumbai, Thane, and Raigad. This partnership is part of MGL’s broader strategy to promote cleaner fuel alternatives and enhance the sustainability of urban transportation.

Key Features of the Partnership

Incentivized Fleet Program

MGL’s CNG Mahotsav 2.0 offers significant incentives to fleet operators who switch to CNG. This program is designed to encourage the transition from traditional fossil fuels to cleaner CNG options, which can lead to reduced operational costs for fleet operators due to lower fuel prices and government incentives.

Simplified Refueling

Nawgati’s platform streamlines the refueling process for fleet operators, providing a user-friendly experience. By integrating technology into the refueling process, Nawgati aims to make it easier for operators to manage their fuel needs efficiently, thereby enhancing overall productivity.

Dual Payment Options

Fleet operators can choose between physical and digital payment methods, including the MGL Fuel Card and the MGL Connect/Nawgati Fuelling app. This flexibility in payment options caters to various user preferences and helps facilitate smoother transactions at CNG stations.

Reduced Waiting Times

The partnership with Nawgati aims to reduce waiting times at CNG stations, particularly for BEST bus depots. By optimizing the refueling process and improving station management, MGL and Nawgati seek to enhance the overall experience for fleet operators and ensure that vehicles spend less time off the road.

A Step Towards a Greener Future

By collaborating with Nawgati, MGL is taking a significant step towards promoting the adoption of CNG as a cleaner and more sustainable fuel. The partnership aims to reduce air pollution and improve overall air quality in the region, aligning with government initiatives focused on environmental sustainability and public health.

Environmental Benefits

CNG is recognized as a cleaner alternative to diesel and petrol, producing lower emission of harmful pollutants such as nitrogen oxides (NOx) and particulate matter. The increased adoption of CNG vehicles can contribute significantly to reducing urban air pollution levels, which is critical for cities like Mumbai that face severe air quality challenges.

Commitment to Accessibility

Both companies are committed to working together to make CNG a more accessible and convenient option for fleet operators. This partnership not only supports MGL’s goal of expanding its customer base but also aligns with broader national objectives of promoting cleaner fuels in transportation.

Future Initiatives

As part of their collaboration, MGL and Nawgati may explore additional initiatives such as educational campaigns for fleet operators on the benefits of CNG, further technological enhancements in refueling infrastructure, and potential expansions into other regions where CNG adoption can be beneficial.

Conclusion

Mahanagar Gas Limited and Nawgati’s partnership promotes CNG adoption in urban transport through technology and fleet incentives. This initiative addresses environmental concerns and champions cleaner energy, serving as a model for sustainable transportation solutions in India.

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Nazara and Lysto Partner to Launch Blockchain-Based Marketing Platform!

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Nazara

Nazara Technologies and Lysto have joined forces to introduce “The Growth Protocol,” a blockchain-based platform designed to revolutionize digital marketing. This innovative platform aims to provide a more transparent, equitable, and secure digital marketing ecosystem, addressing many challenges faced in traditional marketing practices.

Key Features of The Growth Protocol

Decentralized Marketing

The Growth Protocol leverages blockchain technology to enable decentralized marketing applications. This decentralization empowers users and developers to create applications that operate independently of centralized control, fostering a more inclusive environment for all participants.

Transparent Transactions

By utilizing blockchain, the platform ensures secure and transparent transactions, enhancing trust and accountability among users. This transparency is crucial for building confidence in digital marketing practices, which have often been criticized for their lack of visibility.

User Control

Users will have greater control over their digital identities, enabling them to participate more equitably in the Web3 ecosystem. This feature allows users to manage their data and interactions, reducing the risks associated with data privacy and security breaches.

Initial Launch and Future Plans

The Growth Protocol was officially unveiled at India Blockchain Week, where a private testnet was launched. The initial focus is on developing decentralized applications (dApps) specifically for game marketing, but the platform has broader ambitions to support various digital marketing use cases across different industries.

Roadmap for Development

As part of its future plans, Nazara and Lysto aim to collaborate with developers to create a suite of growth applications on the blockchain. These applications will cater to diverse marketing needs, from loyalty programs to targeted advertising campaigns.

Industry Impact

This collaboration between Nazara and Lysto has the potential to significantly impact the digital marketing industry. By harnessing the power of blockchain technology, The Growth Protocol aims to address longstanding challenges in traditional marketing, such as fraud, lack of transparency, and inefficient data management.

Addressing Marketing Challenges

The integration of blockchain can help mitigate issues like ad fraud by providing verifiable data on ad performance and user engagement. Moreover, it can facilitate direct interactions between brands and consumers, eliminating intermediaries that often complicate transactions.

The Future of Digital Marketing

As the Web3 ecosystem continues to evolve, initiatives like The Growth Protocol are paving the way for a more decentralized and user-centric future. By prioritizing transparency and user empowerment, this platform is set to redefine how businesses approach digital marketing strategies.

Growing Demand for Blockchain Solutions

With increasing interest in blockchain technology across various sectors, The Growth Protocol positions itself as a timely solution that meets the demand for innovative marketing solutions. As businesses look for ways to enhance their digital presence while ensuring data security and user trust, blockchain-based platforms are likely to gain traction.

Conclusion

The partnership between Nazara Technologies and Lysto to launch The Growth Protocol represents a significant advancement in the digital marketing landscape. By integrating blockchain technology into marketing strategies, this initiative not only enhances transparency and user control but also sets a new standard for how businesses engage with their audiences.

As more companies recognize the benefits of blockchain in addressing traditional marketing challenges, we can expect further innovations that will shape the future of digital advertising and consumer interactions. The Growth Protocol stands at the forefront of this transformation, promising a more equitable and efficient marketing ecosystem for all stakeholders involved.

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Swiggy Instamart Aims to Boost Sales per Order!

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Swiggy Instamart Aims to Boost Sales per Order!

Swiggy’s quick-commerce service, Instamart, is actively working to increase the average amount customers spend per order. While the service has seen a rapid growth, its average order value (AOV) of ₹499 is lower than some competitors, prompting the company to implement several strategies to enhance profitability.

Strategies to Boost Sales per Order

More Products

Instamart is expanding its product range by adding a wider variety of items, including non-food products. This diversification aims to encourage customers to purchase more items per order, thereby increasing the overall AOV.

Bigger Warehouses

To support this expansion, Swiggy is investing in larger warehouses that can stock a more extensive inventory. By increasing storage capacity, Instamart can offer a broader selection of products, making it more convenient for customers to find everything they need in one place.

Targeted Marketing

Instamart is employing targeted marketing strategies to attract customers who are likely to spend more. By analyzing customer data and purchasing behavior, Swiggy can tailor promotions and advertisements to encourage higher spending per transaction.

Why It Matters

Increasing the average order value is crucial for Instamart’s profitability. By encouraging customers to spend more per order, the company can reduce its costs and improve its bottom line. A higher AOV can lead to better margins and help offset operational expenses associated with quick delivery services.

Competitive Landscape

However, achieving this goal won’t be easy. The quick-commerce market is highly competitive, with other companies like Blinkit, Zepto, and BigBasket also vying for customers. Instamart will need to continue innovating and finding new ways to attract and retain customers amidst this fierce competition.

Financial Performance and Market Position

In recent financial reports, Swiggy noted that Instamart generated ₹3,221.4 crore in FY23, reflecting a 39.7% increase from the previous fiscal year. The average order value has risen by 20% to around ₹460, indicating that efforts to enhance customer retention and basket sizes are beginning to yield results.

Delivery Fee Adjustments

As part of its strategy to boost profitability, Swiggy may also consider increasing delivery fees for Instamart orders. According to Chief Financial Officer Rahul Bothra, the company plans to gradually raise these charges while ensuring that they remain competitive compared to other players in the market.

Conclusion

Swiggy Instamart is focusing on increasing sales per order through product diversification and improved warehousing. This strategic approach aims to enhance profitability and strengthen its position in the competitive quick-commerce market. By understanding and catering to evolving consumer preferences, Instamart is well-positioned to drive sustainable growth in the future.

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