Just Eat Takeaway sells stake in Brazil’s iFood for up to $1.8B

By News Curator

European food ordering and delivery giant Just Eat Takeaway has revealed that it’s selling its stake in Brazil’s iFood for up to €1.8 billion ($1.8 billion) to Prosus. The initial deal will amount to €1.5 billion in cash, plus another €300 million depending on the performance of iFood over the next 12 months. News of the…

Mobile users now spend 4-5 hours per day in apps, report says

By News Curator

Although the mobile app boom driven by pandemic lockdowns has long since passed, consumers’ mobile usage is still growing. According to new data released today by app intelligence firm data.ai (previously App Annie), consumers in over a dozen worldwide markets are now spending four to five hours per day in apps. While the daily time…

WhatsApp ramps up revenue with global launch of Cloud API and soon, a paid tier for its Business App

By News Curator

WhatsApp is continuing its push into the business market with today’s news it’s launching the WhatsApp Cloud API to all businesses worldwide. Introduced into beta testing last November, the new developer tool is a cloud-based version of the WhatsApp Business API — WhatsApp’s first revenue-generating enterprise product — but hosted on parent company Meta’s infrastructure.…