News Facebook’s ARPU grows 13.6% QoQ; 8% YoY increase in monthy users Facebook increased MAUs by 8% YoY to 2.5 billion globally, and increased DAUs by 2.4% YoY to 1.6 billion, which was led by growth... Soumyarendra BarikJanuary 30, 2020
News ‘No payment services on WhatsApp without data localisation,’ RBI to SC It appears that there is no end in sight to WhatsApp’s woes in India. The Reserve Bank of India, in its submission to the... Aditi AgrawalNovember 8, 2019
News Supreme Court gives RBI 6 weeks to confirm WhatsApp’s compliance with localisation rules The Supreme Court has given the RBI six weeks to confirm WhatsApp’s compliance with data localisation of payments data as the company is planning... Shreya GangulyAugust 5, 2019
News Frustration with industry will grow without regulatory framework, says Mark Zuckerberg in Facebook Q2 earnings call Facebook’s monthly and daily active users both increased by 8% to 2.41 billion and 1.59 billion respectively in Q2 2019. Revenue increased 28% year-on-year... Trisha JalanJuly 25, 2019
News WhatsApp-funded study on fake news kicks off in four states; London to drive WhatsApp Pay globally A research project funded by WhatsApp on how fake news affects political behaviour and caste relations is underway in UP, Bihar, Jharkhand and West... Zaheer MerchantMay 9, 2019
News $350 million of Mastercard’s $1 billion investment in India will be for local payments processing centre: report About $350 million of the $1 billion that Mastercard plans to invest in India over the next five years will be used to set... Zaheer MerchantMay 7, 2019