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Pocket FM to double down on investment

"We aim to double down on our content investments to ₹328 crore. Our target is to expand our content library by 5X in the next 12 months," Pocket FM CEO and co-founder Rohan Nayak told ET. He also said that the company plans to spend 20% of its annual recurring revenue (ARR) on content creation. Pocket FM is looking to achieve ₹820 crore in ARR by the end of 2023. ....

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US Rate Hike Fears Mean Risk Off, Investors Await More Support

Asian equities ended the week with a thud except for Singapore and Thailand, which both managed small gains. ....

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Unity China unveils

A tailor-made solution for WeChat game development and a solution for smart cars. ....

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Vietnamese Tech Unicorn VNG Seeks To List On Nasdaq After Blockbuster VinFast Debut

VNG Corp. has filed an initial public offering on the Nasdaq Global Select Market, a week after the blockbuster market debut of electric vehicle maker VinFast on the New York bourse. ....

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VNG IPO: Vietnamese internet startup VNG files for IPO in the US, ET Telecom

VNG IPO: IPO proceeds will be used to pay original foreign investors who were direct shareholders of the company and repay outstanding loans, among others, the filing showed. ....

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