Ratings of startups have introduced short video apps in recent months
For years, India has acted as the biggest open battlefield for Silicon Valley and Chinese companies searching for their next billion users.
With more than 400 million WhatsApp users, India is currently the biggest market for the Facebook-owned service. The social juggernaut’s big blue app likewise reaches more than 300 million users in the country.
Google is approximated to reach just as many users in India, with YouTube carefully equaling WhatsApp for the most popular smartphone app in the country.
Several major giants from China, like Alibaba and Tencent (which a decade back shut doors for most foreign firms), also count India as their largest abroad market. At its peak, Alibaba’s UC Web provided Google’s Chrome a run for its cash. And after that there is TikTok, which likewise recognized India as its greatest market beyond China.
The aggressive arrival of foreign firms in India assisted accelerate the growth of the local environment, their capital and knowledge likewise created a level of competitors that made it too challenging for the majority of Indian companies to claim a piece of their house market.
New Delhi’s restriction on 59 Chinese apps on June 30 on the basis of cybersecurity issues has actually altered a lot of this.
Indian apps that hardly ever made a look in the top 20 have now flooded the charts. Are these skyrocketing download figures translating to sustaining users?
A market executive dripped the download, regular monthly active users, weekly active users and daily active users figures from among the leading mobile insight firms. In this Bonus Crunch report, we take a look at the modifications New Delhi’s ban has enacted on the world’s 2nd largest mobile phone market.
Scores of startups in India, consisting of news aggregator DailyHunt, on-demand video streamer MX Player and advertising huge InMobi Group, have launched their short-video format apps in recent months.
Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.