New police e-commerce fraud unit nabs 26 scammers in 2 months, Singapore

As the number of online shoppers grows, so has the number of e-commerce scams, which rose by 11.4 per cent to 2,125 cases last year, up from 1,907 in 2017. To combat this, the Singapore Police Force set up the E-commerce Fraud Enforcement and Coordination Team (E-FECT) in November last year. Within two months of […]

Facebook Backs Indian E-Commerce Startup Meesho

Ajit Mohan, Vice President and Managing Director, Facebook India Facebook is buying a stake in Indian e-commerce start-up Meesho, the head of the U.S. tech giant’s Indian business said on Thursday, looking to deepen its reach in one of the world’s biggest internet markets. Meesho, a digital platform on which re-sellers of everything from jewellery […]

Chinese child defecates on bus, causing social media stink – Asean+

Social media users in China are divided over the merits of toilet training after a video was posted online showing an elderly couple pulling out a potty on a Beijing bus so their granddaughter could defecate. The video, which was uploaded to microblogging platform Weibo, showed a woman passenger and the couple quarrelling on the […]

Twitter Was Flooded With Memes After Rain Washed Out India-New Zealand Match

“India won the toss and have decided to swim first.” Both India and New Zealand have remained unbeaten in the ongoing World Cup tournament with two and three victories to their names respectively but the clear winner that has emerged in the past couple of weeks has to be the frustrating rains. After Bangladesh vs […]

Facebook COO rules out firm's breakup, calls for regulation – Times of India

MENLO PARK, CALIFORNIA: Facebook is not looking at breaking up the social media giant, its COO Sheryl Sandberg said on Wednesday. Sandberg was taking questions from journalists, one of which referred to FB co-founder Chris Hughes’s recent op-ed piece in New York Times that suggested FB be “separated into multiple companies”. Hughes, who joined hands […]

Meesho first Indian startup to get Facebook investment

Related News Meesho, it said, is a platform that enables Indian entrepreneurs to establish online businesses through social channels. Facebook India Thursday said it has invested in Bengaluru-based start-up Meesho, which connects buyers and sellers on social media platforms. “This is Facebook’s first investment in an India-based start-up, and is a strong demonstration of the […]

Facebook invests in Indian startup Meesho – OdishaTV

New Delhi: In its first-ever equity investment in an Indian start-up, Facebook on Thursday announced an investment in Meesho, a platform that enables Indian entrepreneurs to establish online businesses via social channels. Although the social networking giant did not disclose the amount, the move by Facebook is seen as a commitment to the country’s vibrant […]

UBS apologises for 'Chinese pig' comment amid social-media furore, East

HONG KONG (BLOOMBERG) – UBS Group AG has apologised for comments from its global chief economist published on Wednesday (June 12) that made reference to a “Chinese pig” and drew criticism on social media as well as from a state-run newspaper. The Zurich-based bank said the remarks in Paul Donovan’s UBS Morning Audio Comment, were […]

Here’s how to enter ST's 200,000 followers Instagram photo contest, Singapore

To celebrate @straits_times reaching 200,000 followers on Instagram, we are holding a photography contest, with participants having a chance to win up to $200 in Takashimaya vouchers. Here’s how to enter the contest: Post a uniquely Singaporean photo of what home means to you. (From pictures of the Marina Bay skyline to those of your favourite […]

Ooredoo Myanmar partners with Facebook and GSMA for nationwide Digital Literacy

Ooredoo Myanmar, Facebook and the GSMA have launched a digital literacy campaign to raise awareness and increase adoption of mobile internet in Myanmar. The “Internet 1O1” (Internet One on One) campaign is aimed at educating first time and inexperienced internet users via one-on-one training at Ooredoo retail points and exclusive stores across the country, particularly […]

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Facebook invests in Indian start-up Meesho

New Delhi– In its first-ever equity investment in an Indian start-up, Facebook on Thursday announced an investment in Meesho, a platform that enables Indian entrepreneurs to establish online businesses via social channels. Although the social networking giant did not disclose the amount, the move by Facebook is seen as a commitment to the country’s vibrant […]

Facebook makes its first investment in India-based start-up

Facebook makes its first investment in India-based start-up Facebook India on Thursday said it has invested in a social commerce start-up, Meesho, which connects buyers and sellers on social media platforms. The investment comes at a time when the US-based tech major is exploring avenues to monetise applications like WhatsApp and services like Marketplace, which […]

Strong Debut Of Revolve Demonstrates Growing Interest In KOL-Led E-Commerce; Chinese Peer MOGU Is 3 Steps Ahead – MOGU Inc. (NYSE:MOGU)

Revolve Group Inc. (NYSE: RVLV), a next-generation fashion retailer for millennial consumers founded by Mike Karanikolas and Michael Mente in Los Angles in 2003, completed its initial public offering on Friday, June 7, 2019 on the New York Stock Exchange. Revolve raised over $212 million in the IPO which offered 11.8 million shares at $18, […]

How social media is shaping what people know — and don't know — about the Hong Kong protests

Social media has played an important role in Hong Kong’s anti-government protests over the past few days with protesters planning their moves via apps and mainland China users apparently blocked from learning about the unrest on multiple platforms. Hundreds of thousands have taken to the streets since Sunday, protesting a proposed government law to allow […]

AFM Probe Market Analysis by Top Players (2019-2026): WPP, Omnicom Group, Dentsu, IPG, Yinlimedia, Dahe Group, China Television Media

New York, NY — (SBWIRE) — 06/13/2019 — New market assessment report on AFM Probe market brings to light a detailed statistics on the dramatic shift in the competitive landscape and business environment of the AFM Probe market for the forecast period 2019 – 2026. The comprehensive study offers an overview of the current state […]

Billionaire-backed Chinese firm plans Asia’s first e-commerce CBD platform

A company backed by United Kingdom billionaire Jim Mellon and Nuuvera co-founder Lorne Abony plans to establish what they say will be Asia’s first e-commerce platform focusing on CBD-infused products. The pair are part of a group of investors in Hong Kong-headquartered Regent Pacific that is closing in on a $15 million all-stock takeover of […]

Facebook to buy stake in Indian e-commerce start-up Meesho

13 June 2019 Facebook is buying a stake in Indian e-commerce start-up Meesho, the head of the U.S. tech giant’s Indian business said on Thursday, looking to deepen its reach in one of the world’s biggest internet markets. Meesho, a digital platform on which re-sellers of everything from jewelry to mobile phones reach prospective customers […]

Facebook invests in Indian startup Meesho

New Delhi: In its first-ever equity investment in an Indian start-up, Facebook on Thursday announced an investment in Meesho, a platform that enables Indian entrepreneurs to establish online businesses via social channels. Although the social networking giant did not disclose the amount, the move by Facebook is seen as a commitment to the country’s vibrant […]

Facebook makes first start-up investment in India, picks up stake in Meesho

Facebook picks up minority stake in Bengaluru-based Meesho for an undisclosed sum Facebook on Thursday announced an investment in Meesho, a platform that enables Indian entrepreneurs to establish online businesses via social channels. The social media giant said it would pick up a minority stake in the social commerce platform, though it declined to give […]

Facebook Invests In Indian E-commerce Start-up Meesho

WASHINGTON (dpa-AFX) – Facebook Inc. (FB) has made an investment in Indian e-commerce start-up Meesho. No financial details of the transaction were disclosed. Meesho has previously raised about US$65 million from a clutch of investors. Meesho is an Indian-origin social commerce platform founded by IIT Delhi graduates Vidit Aatrey and Sanjeev Barnwal in December 2015. […]

2019 Cricket World Cup Memes: Twitter reactions and funniest memes on rain playing spoilsport in India vs New Zealand

2019 Cricket World Cup Memes: Twitter converted its grief into some really hilarious memes as another World Cup match gets abandoned. The 18th match of the ongoing ICC Cricket World Cup 2019 between India and New Zealand at Trent Bridge has been called-off due to incessant rain at the venue. The match became the third […]

Facebook Failed to Remove Posts Targeting Minorities in India – The Quint

Controversy has become synonymous with Facebook these days and this week itself we’ve seen multiple allegations being put on the social networking giant. Now, another report from Buzzfeed has mentioned that Facebook has failed to remove hundreds of post, memes and photos among others from India, that are aimed at minorities like LGBTQ, and religious […]

British Huawei executive becomes unlikely social media star as Chinese rally to tech giant's defence, East

BEIJING (WASHINGTON POST) – Chinese netizens posting to the social-media site Weibo this week threw their support behind an unlikely Internet sensation: a bespectacled British Huawei executive who defended the Chinese telecom giant before Britain’s Parliament. Among Weibo’s trending topics on Wednesday (June 12), alongside a South Korean pop idol and a difficult-to-summarise story involving […]

Facebook backs social commerce startup Meesho in first India investment

As Facebook explores ways to generate revenue from WhatsApp, the company is now turning to a startup that already has a lead. The social juggernaut said today it has invested in social-commerce startup Meesho in what is the first time the firm takes equity in an Indian startup. Neither Facebook nor Meesho, which prior to […]

Funny Memes Flood Twitter As Rain Holds Up Start Of India vs NZ Match

Rain shattered the hopes of spectators at Trent Bridge and fans all around the world as the match between India and New Zealand World Cup 2019 clash continued to be delayed due to incessant rain. From drizzle to heavy rain, Nottingham witnessed it all, in a matter of few hours as the covers kept coming […]

China: Internet giant forms strategic partnership with insurance group

China Insurance Group and Internet giant Tencent yesterday signed a strategic cooperation agreement in Shenzhen, to enable the digital transformation of China Insurance, and promote Tencent’s leading digital technology capabilities. State controlled China Insurance Group includes China United P&C and China United Life in its stable. The group aims to upgrade its customer services, operating […]

Facebook to buy stake in Indian e-commerce startup Meesho – Tech News

MUMBAI: Facebook is buying a stake in Indian e-commerce startup Meesho, the head of the US tech giant’s Indian business said on June 13, looking to deepen its reach in one of the world’s biggest internet markets. Meesho, a digital platform on which re-sellers of everything from jewellery to mobile phones reach prospective customers via […]