PhonePe will take over the mobiles of Indians:
PhonePe is used for online payment. PhonePe is going to take a big step, PhonePe is going to launch a special app store for users. This will give direct competition to Google. Also, there will be a big shock because the most popular right now is the Google Play Store. Phonepe is a big Walmart-owned firm, and its Play Store is going to be very important.
According to internal company documents reviewed by a website, the new App Store is designed for hyper-local customers. It has taken care to support multiple languages and engage customers through features. It may take a few weeks for the Phonepe app store to hit the market.
The Phonepe app store is being acquired by Indus OS. According to the news received from the sources, the company wanted to present its new app store in front of the user as a standalone app in India. It is being said this app store that will be available in 12 languages 24x7 live chat and millions of users will get the facility of high quality, advertising and custom targeting.
Phonepe has also confirmed to launch the app store in India. Phonepe is the highest-value Indian fintech startup and its direct competition is with Google's Google Play app on the other hand. In a statement given to Techcrunch, a Phonepe spokesperson said that Phonepe controls 97% of the Indian market, and Phonepe has this big opportunity.
It has more than 35 crore users in the
country, there is a need for more local apps not only based on languages but
also in terms of research and consumer preferences. All phone makers are
excited to have a local app store for the Indian market. In a few months, the
Phonepe app store will be visible on most android devices.
PhonePe is an Indian e-commerce payment system and digital wallet company headquartered in Bangalore. Phonepe was started on 4 December 2015 by Sameer Nigam, Rahul Chari, and Burzin Engineer. PhonePe is available for both Android and iOS. The Phonepe's mobile app was launched in August 2016 and was the first digital payment platform that launched India's UPI.
Last year there was news that the way of Flipkart and PhonePe has now been separated. Flipkart acquired PhonePe in 2016 before announcing its separation from PhonePe, but Walmart remains the parent company of both companies.
Is
Google going to disappear from your phone?
Who does not know about Google, one of the biggest
companies in the world? Such news came about Google which shook the stock
market. Google's parent company Alphabet Inc., shares are continuing a sudden 4%
decline. This is the news that shook Google. This week did not start well for
Google's parent company Alphabet Inc.
The company's stock registered a decline of about 4%,
which is continuing. The decline in Alphabet's stock was triggered by the news.
The report came that Samsung can remove Google's default search engine from its
phone. Google is currently the default search engine in Samsung phones, but
according to the report, Samsung company can replace it with Microsoft Bing.
After this news came, the stock of Google's parent company Alphabet Inc. started declining. However, it will not be easy for Samsung to do so at the moment. Even though a Samsung report shocked Google. Samsung cannot, because There is an agreement between Google and Samsung. Accordingly, all Android OEMS have to sign the Mobile Application Agreement.
This agreement is regarding the Google Play Store. If any mobile manufacturer wants Google Play Store and other Google apps on their phones, then they have to sign this agreement. Android smartphone makers will have to make Google Search the default search engine, under this agreement.
In such a situation, if Samsung wants Google Play Store on its phones, then it will have to keep Google as the default search engine. He cannot switch to Microsoft Bing. But now the big thing is that mobile application distribution agreement is not applicable in every country. In Europe, in the year 2018, an antitrust fine of $ 5 billion was imposed on Google.
So in Europe, the company cannot force Chrome to be the default search engine and browser, alongside the Google Play Store. Something similar was seen happening in India as well. In India too, the fine was imposed on Google for ending the competition. Not only this, like Europe, India is also bringing a new agreement for Google, which can create problems for Google.
Due to this, under
the new rule, only Google Play Store will be pre-installed on any Android
phone. Apart from this, users have complete freedom to keep the default
browser. Even then, the risk remains for Google. Countries where the Mobile
Application Distribution Agreement differs from Google's version.
There the company will have to pay smartphone companies
to maintain the default search engine Google. In such a situation, Samsung and
other brands can make Microsoft Bing or any other option the default search
engine. So in the coming days, problems can arise for Google. If other
companies do the same like Samsung, then it will cost Google a lot.
If Google will have to pay smartphone companies to save
itself, then it will be a more lost deal for it. Now everyone's eyes are fixed
on the stock market, whether Google's parent company Alphabet will recover from
this or it will continue to fall like Adani's stock. If you have liked our
information, then do not forget to share it.