Xiaomi, the Chinese brand, sold 2 smartphones for every smartphone sold by Samsung in Maharashtra — one of the most urbanized states in India, according to market research firm CMR. The numbers are a cause for worry for Samsung as they indicate that Xiaomi could continue to ramp up its presence in the country as […]
Cash-strapped Cyber Media India Ltd. said its sale of US unit TDA group will generate funds of $4.58 mln (30.43 crores). The deal for the sale of its wholly owned subsidiary TDA Group was announced yesterday. The company added that the subsidiary accounted nearly half of its revenue last year. Cyber Media has seen its […]
Cyber Media, a technology industry portal, said it sold its wholly owned subsidiary TDA Group to The Marketing Group. The deal is valued at $4.58 mln, subject to due diligence and regulatory approvals. TDA Group is engaged in marketing content and communications based in Silicon Valley, and was acquired by Cyber Media in 2008. The […]
