As per the reports generated by Global Times, ByteDance is going to face a loss of close to $6 Billion. With its exhaustive investment around $1 Billion in Indian Market, ByteDance is certainly looking up for significant downfall in coming days unless they can get helo app back in India soon. At ShareChat, we have given people the freedom to think, believe in themselves, make mistakes, learn from those mistakes and eventually grow not only professionally but personally. We have team members from across the country who come from diverse culture but what connects everyone together is the belief that we understand what Indians want. We will continue to build ShareChat, hoping to build a nation where all its citizens are well informed through the power of Internet.
- The race for becoming India’s TikTok has picked up steam and we are set to see dozens of apps attempting to create a desi version of Bytedance’s most popular product.
- How to make money from Telegram, you will get to know later in this article.
- Therefore, people are still discovering the best ways to succeed on the platform.
- They also include Cookies that enable us to remember your previous actions within the same browsing session and secure our sites.
- The tech is built to identify and flag it and there are human teams which take the decision of removing the content as necessary,” he said.
- ShareChat is also in discussions with its existing investors SAIF Partners, Lightspeed Venture Partners, and Twitter to raise Download ShareChat APK for Android USD 200 million.
It had to rethink its existing table and schema definitions, which was going to be huge in terms of developer time, something that Cloud Spanner did not require. When the company had its traffic grow to 500% over the span of just a few days, it managed to scale horizontally with zero lines of code change. This was alongside the launch of its Moj app, and within a week, it moved it across to another region in a seamless manner.
How To Film Like A Pro With Android Smartphones
A look at the chart would tell you that Sharechat has been consolidating its market share over the years and is a hit among the social media community. Roposo, which was formerly a fashion platform, pivoted to follow the trend of the market. Just after Roposo, there is Rocketalk, which was started way back in 2007 and has failed to create any lasting impact with the Indian audience. Clipapp and Vokal have been the late entrants post Sharechat. It turns out this one surely seems to be a sure shot winner. As per a recent KPMG report, by percent of the country’s internet user base will comprise regional language users.
You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Google In Talks To Buy Social Media Platform Sharechat
All transactions must be settled by bank transfer and you will need to instruct your bank to make the payment to us via online banking/telephone banking etc. While XE Money Transfer does not offer a cash payout option, you can send cash to over 100 countries worldwide using our sister company, Ria Money Transfer. Whilst we always send the exact amount of money you specify in the transaction, the bank receiving your funds, or an intermediary bank, may deduct fees when crediting the payment. Unfortunately we have no control over these charges and therefore we won’t reimburse you, should you be charged. What do I do if my money transfer has not arrived with the recipient? If the payment has not arrived with the recipient after 4 working days of you receiving the payment confirmation, please contact us on Toll Free .
“Apps that have suddenly come on to the scene are bound to fizzle out,” says Lunia. “You need at least $150-$200 million to survive in this business,” he says. The American social network has broadened its product offering in the past year amid pressure from activist investors to accelerate growth. India’s ban on TikTok last year prompted scores of local startups and international giants to try their hands at short-form video format. Yes, our development team will be in constant touch with you from the ideation stage to the launch of your app.