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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Editor's note: In November, Didi Chuxing, the Chinese cab-hailing company that drove Uber out of the country, announced that BYD, one of the world’s largest electric car makers, is launching a custom electric car for Didi’s cab fleet. Called the D1, it was made specifically for the kind of use that ride-hailing platforms see. Earlier this week, the news broke that Tesla, the American EV manufacturer that is the industry’s global poster child and now the most valuable automaker in the world, had incorporated an Indian subsidiary. Electric enthusiasts and fans of Tesla (which trades blows with Warren Buffett-backed BYD for the EV sales crown globally) in India rejoiced, but nobody has any clue if, when and how the company will actually launch its products here. What’s more important is that Tesla has been getting serious about the Chinese market first. The company launched its SUV programme there in early January, after setting up a Chinese plant in late 2019. As in many things, China is the next big market, and here, global companies at least have a shot. Local EV makers …
In light of the recent exits of top executives at Swiggy’s quick commerce business, we look at the reasons behind the departures and whether it’s impacting the business.
Born as a full-stack wellness platform, the IPO-bound company now leans on gyms while betting on products to drive its next phase of growth.
The edtech company is at the heart of the foreign campus experiment. But questions around demand, faculty and outcomes suggest a tough road ahead.
