Manish Singh

Daily active user base of top e-commerce apps in India (Myntra and Blinkit, not in the picture, are at 22m and 14.3m)

@catdaddyissues CLSA’s LG India initiation report from today.

@refsrc where is this from?

India in 2024 owned a quarter of the ACs China did in 2007, at the same income.

Brand awareness is rising, but brand loyalty may be falling

quick services have quickly reached the 100k orders per day mark! proud to be backing the fastest growing co in the space that's burning the least SHEESH 25% of the market share and only 16% of the total industry's burn

Daily active users on Swiggy's budget food app Toing have climbed sharply since March to close in on Swiggy and Zomato. JPMorgan: "We are surprised to see this done by an incumbent as it preempts the Innovator's Dilemma."

Payments/fintech valuations are near the lowest they have ever been

At two hours from the city, the airport was always a destination.

NEW MEDIA is INSIDER MEDIA Rooted in Silicon Valley, but really a meditation on the moment. A theory of culture, taste, prestige, of TBPN, Mafia, Feed Me, and why a small audience of the right people beats a massive one of the wrong ones. Working Theory #100 Essay link below

A paper in Singapore Economic Review this month finds BSE 500 stocks that split between 2008 and 2021 did most of their rallying in the 15 trading days before the announcement -- while the news was still private -- and turned negative in the 15 after.

i look forward to our chinese brothers liberating the knowledge from within fable-5 and selling it to me at 5% the cost & 2x the speed

Pinduoduo customers order over 100 times a year.

An anti-competitive case is gridlocked because the distributors federation doesn't know how to use a scanner properly.

Bloomberg: "Amazon occupies an awkward middle ground in India. It's too large to pivot quickly and too constrained to match rivals' agility. [...] Across the company's myriad businesses, local rivals have challenged Amazon to a degree it hasn't experienced outside of China."

Bloomberg says Hotstar is working on a slate of TV shows that would be "written, animated, voiced and edited entirely by artificial intelligence"

Smartphone sales are now shrinking in every major region

Imagine enshittifying a service nobody even uses

(1/5) After months of research and iteration, I couldn’t be more excited to announce, our SOTA memory system - Rune, built for our use case of long multi-turn, personal conversations that evolve into relationships. There’s been a lot of chatter around memory systems but for us, the problem wasn’t just reducing context bloat, it was about our agents delivering a truly human-like experience. Humans are special and the human memory system was our benchmark; We remember important things no matter if they are recent or not. We don't always have recency bias. If someone tells you they had a bad breakup, and months later they hesitate about dating again you understand why, without being told. We somehow know what’s important and what’s not. We know how to connect the dots. Rune is our attempt to get there. A memory system built not just to store conversations — but to preserve context, continuity, and meaning across time. Built for Vaya, by Anuvaya.

Notwithstanding all the problems, the India story is intact - Morgan Stanley