Reuters reveals fighting to survive, Tencent-backed Indian music app Gaana turns to subscriptions | Reuters News Agency
Business & Finance

Reuters reveals fighting to survive, Tencent-backed Indian music app Gaana turns to subscriptions

Reuters reported that Tencent-backed Indian music streaming app Gaana has switched to a paid subscription model to avoid closing down after failing to secure fresh funds or find a buyer. Gaana, also backed by India’s Times Internet, said in the email that talks with a potential acquirer had “fallen through,” without naming the other party.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Asia
Countries: India
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
tencent
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