Xiaomi Redmi Note 4 highest shipped smartphone in India in Q1 2017: IDC

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Chinese smartphone vendors continued dominance and are now contributing to than half of the Indian smartphone market in Q1 2017, according to latest data from International Data Corporation (IDC).  Xiaomi Redmi Note 4 was the highest shipped smartphone in Q1. Continue reading “Xiaomi Redmi Note 4 highest shipped smartphone in India in Q1 2017: IDC”

Snap reports $149.6 million in revenue, hits 166 million DAUs in Q1 2017

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Snap has revealed financial earnings for Q1 2017. The company has reported $149.6 million in revenue and now has 166 million daily active users at a growth rate of 5 percent, compared to the 158 million DAUs in Q4. Continue reading “Snap reports $149.6 million in revenue, hits 166 million DAUs in Q1 2017”

Facebook reports $8.03 billion in revenue, hits 1.94 billion MAUs in Q1 2017

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Facebook has reported financial earnings for Q1 2017. The social network has recorded $8.03 billion in revenue, up 49% YoY. Facebook continued its march toward the 2 billion user threshold as more than 1.94 billion people are now using its service monthly as of March 31, up 17 percent from a year earlier. Continue reading “Facebook reports $8.03 billion in revenue, hits 1.94 billion MAUs in Q1 2017”