MeDigit News Bulletin | 22nd May, 2020

With several developments last week, Pandemic hit digital industry is abuzz with lots of new updates. We have compiled a news bulletin to keep you updated from last week’s trends – check out below:

Linkedin Feed rankings explained! An insight into how linkedin algorithm works.

The LinkedIn feed is the cornerstone of the member experience. It’s where our members post ideas, career news, questions, and jobs in an array of formats, including short text, long-form articles, images, and videos.  https://bit.ly/3cUaUkZ

Facebook introduces ‘Shops’ feature to bring small business online

The feature will make it easy for businesses to set up a single online store for customers to access on both Facebook and Instagram. https://bit.ly/3gfLcti

Private equity firm KKR to invest Rs 11,367 crore in Reliance Jio for 2.32% stake

Over the last month, leading technology investors, such as, Facebook, Silver Lake, Vista, General Atlantic and now KKR have announced aggregate investments of Rs 78,562 crore into Jio Platforms. https://bit.ly/2A2TynO

How digital adoption will power the post-lockdown revival and create a new industry normal

In this digital era, there has been an overwhelming supply of emerging technologies, digital channels, platforms etc. But its significance across the industry value chain is becoming more imperative now to raise the bar for adoption. https://bit.ly/2WQJXt6

 Paytm records 4x growth in payments made to merchants during lockdown

“We have seen four-time growth in payments received by merchants in Business Khata between January 8 and March 14, and March 15 to May 15,” Paytm Vice President Sajal Bhatnagar told PTI. https://bit.ly/3geBVSk

“Indian users mostly access news through phone”: comscore APAC report

Comscore’s latest report studies consumption patterns in the online news/information landscape in the Asia Pacific (APAC) region of the world. Given the current situation with the coronavirus pandemic, news/information is one of the top categories accessed by digital audiences worldwide. https://bit.ly/2LQKGUY

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