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TLDR: E-commerce logistics, Jio results, Instagram NFT, WhatsApp, Uganda, and more

Tussle between e-commerce logistics companies and aggregators intensifies Last month three of the largest e-commerce focused logistics players – Delhivery, Ecom Express and Xpressbees – simultaneously increased shipment prices for their aggregators (Shiprocket, Pickrr, Shipyaari and others). Some of these aggregators asked the logistics companies to reconsider their decision or partially roll back the hike, but the companies paid no heed. As a part of a reminder note to acknowledge the new shipment rates, Xpressbees notified some of its clients that they won't be picking up any new orders unless the aggregators formally agree to the new pricing. Delhivery and Ecom Express gave a grace period to some of the aggregators last month, but have eventually decided to stick to their hiked rates. This price hike has now forced aggregators to increase prices for their customers, a report by Economic Times revealed. Reliance Jio Infocomm reported a 24% jump in March-quarter profit On Friday, Reliance Jio posted an about 24 per cent increase in standalone profit after tax to ₹ 4,173 crores for the quarter ended March 2022. The company's net profit rose to 41.73 billion rupees for the quarter ending March 31, from 33.60 billion rupees in the financial year 2021. EU's anti-trust chief calls for a global approach toward tech giants Margrethe Vestager, Europe's antitrust chief has called for a global approach toward Big Tech to prevent companies from taking advantage of enforcement gaps, Reuters reported. She also said that this issue now has a 'strong political attention'  and urged antitrust watchdogs…

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