Snapchat has successfully gained popularity amongst millennials. The company is finally set to debut IPO as early as March 17, valuing the firm at between USD20-25b. Lately, we are observing an interesting trend. Facebook appears to be testing Snapchat–like features on several of its properties to compete with Snapchat. OfContinue Reading
Facebook’s acquisition of Instagram nearly two years ago was its first large deal, the announced acquisition of WhatsApp last month for $19bn in cash and stock is clearly its biggest bet to date which everybody is watching keenly. Given the size of the transaction and the perceived low switching costsContinue Reading
Yixin is a Mobile messaging app introduced through a joint venture between NetEase (27% stake) and China Telecom (73% stake). With China Telecom taking the step forward it appears to us that Yixin App is Optimized for 3G mobile Networks unlike how WeChat Posed a Major Problem for China Mobile.Continue Reading
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