Xiaomi India has crossed more than $1 billion (about Rs 7,000 crore) revenue milestone in 2016. The latest achievement was revealed by Xiaomi India head Manu Jain in a Facebook post. Xiaomi has achieved this feat just two years after its foray in India. Continue reading “Xiaomi India hits $1 billion revenue mark in 2016”
Samsung has announced an investment of more than $1 billion by the end of June 2017 to boost production of system chips at its Austin, Texas, facilities in the United States to meet growing demand. Continue reading “Samsung to invest $1 billion to boost chip production in the US”
US retail giant is reportedly in talks to invest up to whopping $1 billion in homegrown e-commerce player Flipkart, according to a latest report from Bloomberg.
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Facebook Messenger has announced a huge milestone. The popular instant messaging service from the social network now has more than 1 billion monthly active users.
Continue reading “Facebook Messenger now has 1 billion monthly active users”
WhatsApp has joined the billion users club. The Facebook owned messaging service now has over 1 billion monthly active users which translates to one in seven people on Earth. WhatsApp co-founder and CEO Jan Koum announced the latest milestone via an official post on Facebook.
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India’s total mobile phone subscriber base has surpassed the 1 billion milestone in October this year, according to the data released by the Telecom Regulatory Authority of India (TRAI). The country is now only second to China that has over a billion mobile phone subscribers.
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Hike, the homegrown messenger service has announced that its users are exchanging over 30 billion messages per month. Hike claims that its users are exchanging more than 1 billion messages per day.
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Uber has raised massive $1 billion in latest round of funding that now values the company at whopping $51 billion, as per a Wall Street Journal report.
Continue reading “Uber said to secure $1 billion in funding, now valued at over $50 billion”
In a bid to further strengthen its position in the online taxi market, Uber has committed that it will invest whopping $1 billion in India over the period of nine months.
Continue reading “Uber to pump $1 billion in India in next nine months”
Apple has clocked $1 billion in revenue in the Indian market for the fiscal year 2014-15, according to a report from The Times Of India. The company has reported a good revenue owing to strong sales of iPhone 6 and iPhone 6 Plus.
Continue reading “Apple hits $1 billion in revenues for FY 2014-15 in India”
Uber has expanded its most recent round of funding by $1 billion,according to the New York Times. The report cited Delaware Secretary of State documents showing the Series E round of funding up to $2.8 billion.
Continue reading “Uber seeks $1 billion in latest round of funding”
Facebook has crossed 100 million monthly active users in India which is the second largest country on the social network behind the US. Javier Olivan, VP, Growth & Analytics, Facebook stated in an interview with the Economic Times, that Facebook crossed the landmark on March 31. He also touted that the company is now eyeing for reaching over 1 billion active users in India.
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