Google Helps Birth Two Social Media Unicorns in Rapid Succession
- Search giant invests in Dailyhunt owner and startup Glance
- The U.S. company is picking up the pace as Chinese apps exit
This article is for subscribers only.
Google investments helped create India’s two youngest technology unicorns: a pair of startups that feed personalized news and entertainment to the world’s fastest-growing smartphone population.
Glance, which feeds news and sports scores to phone-lock screens, is said to have reached a valuation of more than $1 billion after completing a funding round led by Google. And VerSe Innovation Pvt, the studio behind the popular Dailyhunt news site and TikTok-like Josh app, said it passed that threshold after winning more than $100 million from Alphabet Inc.’s search giant and Microsoft Corp.
Have a confidential tip for our reporters? Get in Touch
Before it’s here, it’s on the Bloomberg Terminal
LEARN MORE
Up Next
Google Helps Birth Two Social Media Unicorns in Rapid Succession