All articles tagged with #super app
Originally Published 4 months ago — by CNBC
Walmart-backed fintech OnePay is launching its own wireless plan, available in the app for $35/month with unlimited 5G data, talk, and text on AT&T's network, aiming to expand its services into a comprehensive super app ecosystem.
Originally Published 2 years ago — by Business Insider
Elon Musk's plan to turn X into an everything app like WeChat may not succeed due to the vast differences between the US and Chinese markets. WeChat's success in China was built on its early beginnings as a messaging app and its integration into various aspects of daily life, including payments and utility bills. In contrast, X is entering a crowded tech market and faces competition from established giants. Additionally, WeChat's success was aided by China's tech censorship and the absence of major Western platforms. Musk's lack of understanding about China and the US market dynamics may hinder his ambitions for X.
Originally Published 2 years ago — by TechCrunch
Coinbase CEO Brian Armstrong envisions the platform becoming a "super app" in the next five to seven years, based on decentralized protocols and offering services beyond just money, such as messaging, social, and DeFi. Armstrong sees potential for the crypto industry to grow, with traditional financial players like BlackRock and Fidelity supporting it. Despite negative rhetoric, the industry is moving forward and having a bit of a rally.
Originally Published 2 years ago — by CoinDesk
Despite the recent SEC lawsuit against Coinbase, CEO Brian Armstrong still envisions the exchange's platform becoming a global "super app" like WeChat, bundling together financial services, social interactions, and more. Armstrong believes that Coinbase's super app will be based on decentralized protocols, creating a digital economy of peer-to-peer services that keeps users' data out of the reach of large organizations.
Originally Published 2 years ago — by Benzinga
Twitter has partnered with eToro to expand its "cashtags" to cover a wider range of instruments and asset classes, in line with Elon Musk's plan to transform Twitter into a super-app. Dogecoin co-founder Billy Markus joked that Musk is building the ultimate "degen app" within the crypto community. The term "degen" refers to a person who engages in speculative and high-risk trading or investing in cryptocurrencies.
Originally Published 2 years ago — by CNBC
Abu Dhabi-based tech holding company e& has acquired a 50.03% majority stake in Careem Technologies, a spinout of Uber-owned ride-hailing service Careem, with a $400m investment. Careem Technologies will focus on the growth of the company's "super app," which offers dozens of services beyond ride-hailing in one app. Careem's ride-hailing business remains fully owned by Uber. The investment will significantly accelerate Careem's goal to create "the first 'everything app' for customers across the Middle East," the firm wrote.