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Quikr valuation soars, revenues remain flat

General marketplace Quikr has posted $65 million U.S. in revenues for H1 of this year. The Bengaluru-based company is currently valued at INR 10,832.15 crores ($1.5 billion US), according to LiveMint. The company’s valuation is based on an independent report...

Yahoo builds PayPay to uphold leadership

Yahoo Japan Group (Yahoo.co.jp), a joint venture between Yahoo in the United States and Japanese telecom operator SoftBank, has launched a new generalist marketplace app, PayPay. The app will allow users to buy and sell a wide range of second-hand stuff. Since its...