Monday, October 29, 2018

Flipkart's 2 main units report 71% jump in FY18 losses, Revenue up 39%

Flipkart Internet, which runs the e-commerce platform, and Flipkart India, the wholesale unit, have reported a 71% increase in combined losses for FY18 at 3,222 crore, up from 1,883 crore in the previous year https://ift.tt/2zjPLOX https://ift.tt/eA8V8J

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Ofcom launches a probe into TikTok over Online Safety Act compliance, citing doubts about the effectiveness of using age inference to determine users' ages (Mizy Clifton/Politico)

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