ShareChat’s virtual gifting feature has reached $50 million in annual recurring revenue, which is expected to more than double by year’s end, according to a senior executive.
Mohalla Tech’s local language social media network has over 180 million monthly active users in the country. It launched the in-app virtual gifting feature in September 2020 as one of the company’s various revenue models. The feature allows users to send virtual gifts in the form of digital tokens to the hosts or creators of live audio chat rooms, making them feel appreciated. “On average, users spend about 30 minutes on the platform, and we have 30 million creators,” ShareChat’s chief product officer Amit Zunjarwad told ET.
WhatsApp has released a new Android update through the Google Play Beta Program, bringing the version up to 2.25.34.3.What’s new in this update? WhatsApp is working on a feature that lets users reserve the same usernames they use on Facebook and Instagram, and it will be available in a future update! … Source link
Five years ago, when Miles “Deuce” McBride moved to New York as a 20-year-old rookie playing for the Knicks, he found the transition to a big city overwhelming and struggled to find the right crowd. “When I got up here, everybody on my team was married with kids or just kind of loners,” he told TechCrunch, reflecting on his initial feelings of loneliness being the youngest player on the team. “I wish there was a way to meet people organically who have the same interests. I feel like with social media, everybody is so… Source link
The latest updates introduce a new media hub to WhatsApp for Mac and Web, giving users a centralized place to browse recent photos, videos, links, and documents shared across chats. Released to some users on both platforms simultaneously, the feature delivers a consistent experience for managing shared content across devices. Key Points Details Name of the feature: Media Hub Status: Rolling out Compatibility: The latest versions of WhatsApp for Mac and Web are designated as compatible updates. Availability info: This feature… Source link
