DOJ blames Apple for lack of Super Apps like WeChat in US
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Top Super App Stories This Week:
DOJ blames Apple for lack of Super Apps like WeChat in US
Revolut to Launch Blockchain Learning Feature in its Super App with Sui Partnership
Uzum Super App Becomes Uzbekistan's First Tech Unicorn
Samsung Is Reportedly Working on a Super App for Mobile Banking
Tata Neu: Revamping Super App Look, Expanding Services to Online Food Delivery, Plans for Series-B Round
Western Union Digital Wallet App Launches eSIM
DOJ blames Apple for lack of Super Apps like WeChat in US
The US Department of Justice has filed an antitrust lawsuit against Apple, accusing the tech giant of stifling the creation of Super Apps, such as WeChat, in the US. The lawsuit argues that Apple's policies have prevented the development of super apps, which provide multiple functions or mini-apps all in one, making it easier for users to switch between devices and platforms. The DOJ believes that super apps would benefit consumers by reducing dependence on the iPhone and creating a more homogeneous experience across platforms.
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Revolut to Launch Blockchain Learning Feature in its Super App with Sui Partnership
Revolut, a fintech company, has announced a global partnership with Sui, a Layer 1 blockchain, to accelerate blockchain education and adoption among Revolut's 40 million users worldwide. This partnership marks Revolut's expansion beyond its core financial services, as it aims to educate its customers about blockchain technology and its potential applications. As Super Apps continue to evolve, companies are exploring new verticals to enhance their offerings and better serve their users' needs.
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Uzum Super App Becomes Uzbekistan's First Tech Unicorn
Uzum, an e-commerce startup in Uzbekistan, has become the country's first tech unicorn reaching a $1.16 billion valuation after its $114 million Series A funding. The startup's flagship product is a Super App offering online shopping, fintech, and food deliveries, attracting millions of customers in Uzbekistan. Uzum plans to expand its Super App ecosystem with new services and attract additional funding in a Series B round. The Uzum Market app, which serves as the entry point into the ecosystem, has become the most popular local app in Uzbekistan, with over 13.5 million cumulative downloads
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Samsung Is Reportedly Working on a Super App for Mobile Banking
Samsung is considering launching a Super App for mobile banking in South Korea, in collaboration with leading commercial banks, to expand its presence in the financial market. The super app, based on Samsung's Monimo app, would offer various financial services within the app itself, eliminating the need for users to install multiple apps. Samsung is seeking to join hands with commercial banks to enhance its presence in the financial sector, as it is barred from owning a bank in its hometown. The super app would face competition from existing banking apps like Shinhan Super SOL, KB Star Banking, and Hana One Q.
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Tata Neu: Revamping Super App Look and Expanding Services to Online Food Delivery
Tata Neu, the super app of the Tata group, is revamping its design with an all-white background for a more transactional feel. The app, launched in April 2022, is planning to enter the online food delivery space in collaboration with the Open Network for Digital Commerce (ONDC) and magicpin. The change in UI is part of a broader redesign and is expected to be rolled out in Bengaluru and Delhi initially. Tata Neu is also planning to raise additional funding in a Series B round from investors in the UK and the US, and aims to create the largest e-commerce logistics complex in 2024 to increase e-commerce turnover by over 150%.
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Western Union Digital Wallet App Launches eSIM
Western Union is expanding its app services by introducing "Western Union eSIM, Powered by Breeze," providing its digital wallet customers with global connectivity. The service offers coverage in over 150 countries and data bundles on more than 1,000 Tier 1 mobile networks, with instant top-up options. This addition aims to simplify travel and enhance digital banking access worldwide. Customers can easily use or send wallet-friendly data roaming to others, with options ranging from 1GB to 50GB for individual countries and regions. Available in Germany, Italy, Poland, and Romania, this service integrates seamlessly with Western Union's digital banking app, offering a convenient, multi-functional super app experience.
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That's It For This Week!
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Until the next Super App Stories, stay connected, stay super!
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