Joseph Onyero, Chief Executive Officer of
He concluded: “We will also be addressing the final components of our “Super App” in the coming weeks, which is scheduled to be launched in a couple of months.”
The WSJ article’s1 headline said:
“What the Heck Is a ‘Super App’ and Why Are
The article said in part: “Unlike regular apps, which for years have been built to do one thing well, so-called super apps can do it all, or at least that’s the idea. By granting them powers that previously required firing up many other apps, their builders hope you’ll spend more time with them than ever.”
If the phrase “super app” sounds familiar, it’s because a procession of big-name tech companies have been touting the idea recently, including Uber, Spotify,
The definition of “super app” is fuzzy, but companies and their leaders most often use it to describe a state of cramming ever more features and functions into their apps—often ones adjacent to, but distinct from, their core functionality. So, for example, a financial-tech super app might start with payments and bolt on buy-now-pay-later, cryptocurrency and in-app storefronts. For social media, it could mean incorporating things like shopping. And for a delivery and ride-hailing company, it might mean adding new modes of transportation or other categories of goods for drivers to convey…
For companies, building super apps is about maintaining growth despite current economic headwinds and changes in how revenue is generated on the internet. It’s also about gaining an edge in the battle with competitors to capture as much of our time, attention and money as possible…
If the super-app idea is newly current, it’s hardly new. WeChat, launched in 2011 by Chinese internet giant Tencent, is the archetypal super app. It started as a cross between a messaging app and a social medium but has grown to encompass everything from ride hailing and e-commerce to mobile payments and even government services. Today it has nearly 1.3 billion users, mostly in China…
The dominance of these super apps has long been a source of envy for
There are many theories about why a true super app hasn’t arisen in the West. The most common is that by the time companies like Tencent began building them, the West already had a well-developed ecosystem of companies and services serving the different needs that Asian super apps consolidated…
Even if the West is unlikely to get a true super app like WeChat, executives of
While they haven’t said the magic phrase, many other companies have announced features or plans that show super-app ambitions, says Yoram Wurmser, principal technology analyst at Insider Intelligence, a research firm that specializes in tech…”
Based in
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended, about
You should not rely on forward-looking statements as predictions of future events. Bebuzee has based the forward-looking statements contained in this press release primarily on its current expectations and projections about future events and trends, including its financial outlook and the ongoing COVID-19 pandemic, that it believes may affect the company’s business, financial condition, results of operations, and prospects. These forward-looking statements are subject to risks and uncertainties related to: Bebuzee’s financial performance; the lack of historical profitability; the ability to generate and sustain positive cash flow; the ability to attract and retain users, publishers, and advertisers; competition and new market entrants; managing Bebuzee’s international expansion and growth and future expenses; compliance with new laws, regulations, and executive actions; the ability to maintain, protect, and enhance Bebuzee’s intellectual property; the ability to succeed in existing and new market segments; the ability to attract and retain qualified and key personnel; the ability to repay outstanding debt; future acquisitions, divestitures or investments; and the potential adverse impact of climate change, natural disasters, and health epidemics, as well as risks, uncertainties. In addition, any forward-looking statements contained in this press release are based on assumptions that Bebuzee believes to be reasonable as of this date. Bebuzee undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.
Contact:
www.Bebuzee.com
pr@bebuzee.com
1 https://www.wsj.com/articles/super-app-musk-spiegel-dorsey-11657306485
Source:
2022 GlobeNewswire, Inc., source