Topic: market exit
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Is Asus Exiting the Smartphone Market?
Asus will halt development of new Zenfone and ROG Phone models, entering an indefinite observation period while continuing to support existing customers. The decision follows diminished market momentum, with recent models failing to gain significant traction and a notable retraction from competit...
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PhonePe Shuts Down Pincode App in E-Commerce Retreat
PhonePe has discontinued its Pincode consumer e-commerce app to focus exclusively on developing B2B solutions for offline merchants, shifting away from the competitive quick-commerce market. The Pincode app, launched in 2023 on the ONDC network, was a hyperlocal marketplace that struggled to gain...
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