The TakaTak acquisition was aimed at strengthening Moj’s position in the burgeoning short video app space but it ended up being a INR 816 Cr write-off The ShareChat-owned app’s MAUs fell 25% ...
The company is not undertaking a cost-cutting exercise at this point. Our App ShareChat is already fully profitable for the last three months and we are on the threshold of becoming profitable at ...
ShareChat has built an audience of 45 Mn monthly active users (MAUs) with over +100 Mn app downloads in the space of a short time, especially because it was the first such player on the market.
Social media platform ShareChat is set to lay off around 5% of its workforce following its annual performance review, according to a report by MoneyControl. ShareChat is owned by Bengaluru-based ...
It could happen in March or April.” Moj, ShareChat’s short-form video app, offers features like audio chat rooms, photo and video posts, status updates, microblogging and blogging. Together ...
Social media platform ShareChat is reportedly laying off about 5% of its workforce, or about 20-30 employees from across verticals. This will be the second round of layoffs at the company in the ...
Social media platform ShareChat, backed by Google and Temasek ... ShareChats parent company, Mohalla Tech, which also operates the short video app Moj, conducts two performance reviews every ...
The platform’s short video app, Moj, has also achieved profitability, with ShareChat reporting an EBITDA margin of over 15% in October 2024. This underscores the company's ongoing efforts to ...
BENGALURU: Google-backed regional content platform ShareChat sacked 30 employees after a recent performance review, reducing the employee count to about 550 people, sources told TOI. The company ...
The company recently said that its primary Sharechat app has become profitable as of October with more than a 15% Ebitda margin. The company is targeting an IPO within the next 18-24 months after ...
Social media platform ShareChat has reportedly announced plans to lay off approximately five per cent of its workforce, which could amount to 20-30 employees.(depositphotos.com) ShareChat is set ...
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