The TakaTak acquisition was aimed at strengthening Moj’s position in the burgeoning short video app space but it ended up being a INR 816 Cr write-off The ShareChat-owned app’s MAUs fell 25% in 2023 ...
Mohalla Tech Private Limited, the parent of social media platform ShareChat and short video app Moj, has launched a social media app ‘Vibely’ to connect with new users The launch of the new app is ...
Moving beyond its reliance on user-generated content, the Bengaluru-based company has rolled out short, professionally produced serials on its platforms to hook users and attract advertisers in ...
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ShareChat reports 67% reduction in adjusted EBITDA losses, from Rs 2,400 crore to Rs 793 crore in FY24
ShareChat, a social media platform, reported a 33% year-on-year increase in revenue for FY24, reaching Rs 718 crore, compared to Rs 540 crore in FY23. The company also significantly reduced its ...
Homegrown social media company ShareChat on Tuesday said its adjusted EBITDA losses fell by 67 per cent year-on-year to Rs 793 crore in FY24, amid 33 per cent growth in revenue. The company further ...
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