Marrying media with tech

SHAREit, a file sharing app, has 1.5 billion users worldwide. Of these more than 400 million are in India making it the Chinese firm’s biggest market. Earlier this year, SHAREit acquired FastFilmz, an Indian over-the-top (OTT) app for a reported $13 million. MX Player, which allows users to watch more or less all video formats, has over 175 million regular users in India. In July this year, one of India’s largest media firms, the Times Group paid about $140 million to acquire it. SHAREit is a tech company that acquired a content firm and Times Group is a media firm that bough.....

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.

Most Read

Top Stories

Markets

Companies

Opinion

Latest News

Todays Paper

News you can use

Outbrain