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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.
The six-year-old Indian audio entertainment startup has built a business like no other. But there has been a growing realization lately that expanding into the US and Europe is not all that easy.
Audio series startup Pocket FM seems to have hit pause on its expansion plans in Europe. According to two of the company’s employees and data accessed by The Morning Context, the Bengaluru-based firm has temporarily pulled out of Italy and France. Moreover, it isn’t faring too well in Germany either, and revenue in the UK has been declining over the past couple of months, say the two employees on condition of anonymity.
But the six-year-old startup has something even bigger to worry about. Going by one of the two employees we spoke with, Pocket FM has hit a rough patch …
The UAE is looking at its first public listing of the year while Egypt just delivered a big one; OpenAI’s bugging accused has ties to Saudi Arabia; and other updates from the week.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
