Moreover, the time spent per daily active user is over 27 minutes per person per day, as reported at the end of 2018.
Dailyhunt has grown to serve over 350 million users every month and its short video platform, Josh claims to grow its monthly active users (MAUs) to 139 million, and its daily active users (DAUs) to 68 million, as of January 20, 2022 reports.
The Verse Innovation news aggregating platform Dailyhunt has turned out to be one of the leading news providing platforms and has grown 8X bigger than its nearest rival InShorts. Being a news aggregating app, is common, but Dailyhunt, most importantly, is a vernacular news aggregating app, there lies the difference.
Dailyhunt is totally free for users who want to read the news and other relevant content from the app.
Twitter collaborated with Dailyhunt to bring Moments to the Indian vernacular news and content aggregating app, as per the reports on February 8, 2021.
Dailyhunt currently has a dedicated section “Twitter Moments” where the Dailhunt users can find curated tweets containing news and other events.
In December 2020, Dailyhunt announced its partnership with Mzaalo.
Dailyhunt attained unicorn status after the Google-led fundraising round in December 2020, and the Indian content and news aggregator platform is aiming to scale new horizons with the Chinese apps not yet to be unbanned anytime soon.
However, the company has simultaneously witnessed a surge in its total expenditure, which included:Going by the income-expenses of the company, Dailyhunt had to spend Rs 2.
The main reason for the losses that Dailyhunt is picking up is the rising costs of the company that needed to be curbed in the future.
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