/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The company, which shows content and ads on smartphone lock screens, is giving up on wooing users and advertisers and shifting to wooing developers.
“Till June last year, they were not harnessing even a single order from live streams,” says a former employee of Glance. “In June 2022, there was a Glance live fest for five days and they hit three orders.”
“In the first few months [the performance] was very poor, one of the worst numbers [seen] with the kind of scale Glance has. Senior leaders were very sceptical and vocal about whether we even need live commerce,” adds a second former employee of the company.
The issues with live commerce are emblematic of the difficulty Glance has faced in driving revenue in …
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
The country’s top VC funds are flush with new fundraises. They must now find opportunities to invest, but that’s easier said than done.
