Nita Ambani, chairperson of the proposed Star India-Viacom18 merged entity, enters the glitzy world of media as a formidable contender, associated with IPL franchise Mumbai Indians, grassroots sports development, International Olympic Committee, and East India Hotels board. Ready to clash with Sony, Netflix, and Amazon s Prime Video.
Nita Ambani, chairperson of the proposed Star India-Viacom18 merged entity, enters the glitzy world of media as a formidable contender, associated with IPL franchise Mumbai Indians, grassroots sports development, International Olympic Committee, and East India Hotels board. Ready to clash with Sony, Netflix, and Amazon s Prime Video.
In a letter to its shareholders, Snap had said it would shift more of its focus during the year to expanding Snapchats user base and investing in markets where it makes the most money, including North America and Europe. However, as per Trivedi, the Evan Spiegel-led company remains bullish on the India market.
Snap India: On February 6, the Los Angeles-headquartered Snap reported a revenue of $1.36 billion for the December quarter, missing Wall Street estimates, according to Reuters. The company had also announced laying off 500 people, or 10% of its global workforce