Day: January 2, 2021

ByteDance rival Kuaishou is shutting down controversial app Zynn August 4, 2021
Kuaishou Technology, a Chinese firm perceived as a ByteDance rival by many, said on Wednesday it will shut down its controversial short video app Zynn later this month. The app was only available in the U.S. The firm, which last month said it had amassed 1 billion monthly active users, didn’t offer an explanation for […]
Manish Singh
Naspers leads $11M investment in South African insurtech Naked August 4, 2021
South African insurtech platform Naked has raised $11 million in a Naspers-led round. Existing investors, Yellowwoods and Hollard, also participated in the funding round. This comes barely two weeks after Naspers, via its early-stage tech investment vehicle Naspers Foundry, invested in another South African insurtech platform Ctrl in its $2.3 million Series B round. Naked’s […]
Tage Kene-Okafor