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Facebook said earlier today that it “aims to comply” with the government’s new rules for
social media platforms, which include appointing a “grievance officer”. The company seems in no particular hurry, given that the rules were notified three months ago and come into effect from tomorrow.
Also in this letter:
Facebook “continues to discuss” new IT rules with govt
Yes, but: The company noted that it continues to discuss a few of the issues which need more engagement with the government”. ....

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ePharmacy Market Size 2021 | Is Projected to Reach USD 177,794 Million by 2026 with 17.3% CAGR


January 2019: Swedish Online pharmacy Meds was funded USD 5.5 million to expand its business in Europe.
June 2015: Envision RX Options was acquired by Rite Aid Corp. Envision RX options provide mail-order pharmacy service and prescription medicines.
Rising Home Care Treatment to Boost North America s Market
North America is expected to hold a significant share in the market owing to the reliance of the maximum population on online deliveries including several nutritional supplements. Moreover, rising number of patients who prefer home care treatment due to high hospital expenditure is also driving regional growth.
On the other hand, Europe is also rising as online healthcare is regulated by the European Commission which offers people to develop trust in the market. Germany is the fastest-growing regional market in Europe as it has high-speed internet availability and awareness of online over-the-counter benefits. France and Italy have established markets and thus c ....

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Pharmeasy parent enters unicorn club at $1.5 billion valuation


Pharmeasy parent enters unicorn club at $1.5 billion valuation
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Synopsis
Pharmeasy’s $350 million funding round comes at a time when Reliance, Tata Group and Amazon are looking to tap the online pharmacy business by way of acquisitions.
ETtech
Pharmaeasy is the seventh startup unicorn this year, after Cred, Meesho, Digit Insurance, Innovaccer, Infra.Market and Five Star Finance. (Illustration: Rahul Awasthi/ETtech)
Bengaluru: Prosus Ventures and US-based private equity firm TPG Capital are leading an investment of $350 million (about Rs 2,570 crore) in API Holdings, the parent company of Mumbai-based online pharmacy Pharmeasy.
Prosus Ventures (previously Naspers Ventures) is the venture investing arm of South African technology and media conglomerate Prosus, which is one of the largest investors in Indian technology startups including Swiggy, Byju s and Meesho. ....

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