Tag Archives: Billion

WhatsApp on New Year’s Eve: 20 Billion Messages Sent in India, 75 Billion Worldwide

HIGHLIGHTS WhatsApp says this is the highest-ever user activity on a single day More than 13 billion images, 5 billion videos were shared worldwide Interestingly, WhatsApp suffered an outage late on New Year’s eve WhatsApp users in India sent over 20 billion messages on December 31 as they ushered in 2018 with wishes to family and friends. In a release, WhatsApp ... Read More »

Saudi’s $19 Billion Stimulus Will Prioritize Housing and Small Business

Saudi Arabia on Thursday unveiled a 72 billion-riyal ($19.2 billion) program to bolster private-sector growth, with money to support housing construction as well as fee waivers for small businesses, Commerce and Investment Minister Majid Al-Qasabi said. The package, part of a four-year, 200 billion-riyal stimulus program announced last year, contains 17 separate initiatives the government hopes will result in direct and ... Read More »

SHAREit Says It Has 1.2 Billion Users Worldwide

Popular mobile file sharing app SHAREit has achieved 1.2 billion user base worldwide. Starting with 100 million downloads in March 2014, SHAREit touched 1.2 billion users worldwide in a span of two-and-a-half years, the company said in a statement on Wednesday. The app is available on Android, iOS, and Windows. “We are very proud and grateful to all our users globally. SHAREit is a popular ... Read More »

Apple App Developers, Many Of Them Indians, Earned Over $70 Billion

Across India, Apple supports over 640,000 iOS app developer jobs and other positions. Cupertino (California): The global developer community, including many from India, has earned over $70 billion since the App Store’s launch in 2008, Apple announced on Thursday. “$70 billion earned by developers is simply mind-blowing. We are amazed at all of the great new apps our developers create ... Read More »

From ‘Guardians’ To ‘Apes’: Six Summer Movies Set To Make Over $1 Billion

The summer blockbuster season has officially kicked off with the release of Guardians of the Galaxy Vol 2. and it is booming. After one week of non-domestic box office action and it’s first few days in U.S. theaters, the Marvel sequel has already become the sixth biggest film of the year globally with a take of $427.6 million. It’s highly ... Read More »

Apple Reports Record $78.4 Billion in Revenue; iPhone Sales at an All-Time High of 78.3 Million Units

Apple on Tuesday reported a rebound in iPhone sales to lift the tech giant to record revenue in the past quarter in quarterly results that eased concerns of slowing growth. The results showed strong demand for Apple’s iPhone 7 models launched last year, with demand outpacing supply. Revenue climbed to an all-time record $78.4 billion (roughly Rs. 5,30,498 crores) compared ... Read More »

LeEco Gets Fresh $2.18 Billion Investment From Property Developer Sunac

Chinese technology conglomerate LeEco has secured a new round of investment worth CNY 15.04 billion ($2.2 billion or roughly Rs. 14,856 crores) from property developer Sunac China Holdings, according to a stock exchange statement made by Sunac on Friday. Last year LeEco’s founder and chairman Jia Yueting said that his company was facing financial obstacles due to the rapid pace ... Read More »

Xiaomi Targets Sales of $14.5 Billion in 2017 After Business Overhaul

China’s Xiaomi targets 2017 sales of over CNY 100 billion ($14.47 billion or roughly Rs. 98,471 crores), Chief Executive Lei Jun said on Thursday, after a year that saw the firm fall down the smartphone vendor rankings while it overhauled its business. “The worst is over,” Lei said at an annual meeting in Beijing, describing 2016 as a “make-up year”. ... Read More »

WhatsApp Used to Send a Record 14 Billion Messages on New Year’s Eve in India

On New Year’s Eve, 14 billion messages were exchanged through WhatsApp in India, 32 percent of which were in some form of media – photos, GIF images, videos, and voice messages, the Facebook-owned instant messaging app said on Friday. The number of messages shared on the platform on New Year’s Eve is even higher than the last record set during ... Read More »

Xiaomi India Claims Revenue Topped $1 Billion in 2016

Xiaomi, which entered the Indian market less than two years ago, says its revenue in India in 2016 has crossed $1 billion (roughly Rs. 6.800 crores). Based in China, Xiaomi forayed into India with the Xiaomi Mi 3 smartphone in July 2014, and has since expanded its portfolio to include speakers, earphones, power banks, air purifiers, fitness bands, VR headsets, ... Read More »