Tier 2 to tier 4 cities are outpacing the tier 1 cities in online shopping. According to an Indian Institute of Management Ahmedabad report, online shoppers from tier 2 to tier 4 cities spent up to 77% more than those from tier 1 cities in their last online shopping.
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Lyft picks new CEO as founders tap out amid fierce competition
The change of guard at Lyft comes after a weak quarterly forecast worsened concerns that profits would get squeezed by price cuts undertaken to keep up with bigger rival Uber - which boasts better pricing power, a global presence and a food delivery business.
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Opposition MPs flag concerns about revised Data Bill, propose 40 changes
Alibaba founder Jack Ma returns to China for school visit: Report
Baidu scraps public launch for its ChatGPT-like product 'Ernie Bot'
Black, Hispanic investors struggle with faith in crypto
First Citizens in advanced talks to buy Silicon Valley Bank: Source
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