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Time of India
02-05-2025
- Business
- Time of India
One MobiKwik shares in focus after subsidiary gets RBI nod to operate as an online payment aggregator
Live Events One Mobikwik share price performance (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The shares of One MobiKwik Systems are likely to be in focus on Friday after its wholly owned subsidiary, Zaak ePayment Services , secured final regulatory approval from the Reserve Bank of India ( RBI ) to operate as an Online Payment Aggregator 'Zaak ePayment Services Private Limited (Zaakpay), a wholly owned subsidiary of One MobiKwik Systems Limited (MobiKwik), has received the Certificate of Authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator (PA/PG),' the company said in an exchange RBI's Certificate of Authorisation grants Zaakpay the ability to offer seamless payment acceptance solutions for businesses across various modes, including Credit and Debit Cards, Net Banking, UPI, Wallets, Pay Later, and EMIs. This positions Mobikwik to deepen its footprint in the fast-growing B2B digital payments a B2B payments arm of Mobikwik, serves enterprise clients in sectors such as transit, e-commerce, digital lending, healthcare, and bill payments. The company has recently focused on revamping its gateway business and launching new 2024, it partnered with Meta's WhatsApp for Business to launch Conversational Commerce for the transit and healthcare sectors. It also introduced affordability options like card EMIs at e-commerce checkouts and enabled instant daily settlements for enterprise per the BSE Analytics data, One Mobikwik Systems' shares have seen a Year-To-Date (YTD) decline of 58.23%, while the 3-month change stands at -39.37%. Over the past 1 month, the stock has dropped by 17.14%.The shares of One Mobikwik closed 3.14% lower at Rs 252.60 on the BSE on Wednesday.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Khaleej Times
19-03-2025
- Business
- Khaleej Times
Sharjah Media City launches new service to empower entrepreneurs
In line with its vision to support a thriving business ecosystem, Sharjah Media City (Shams) has announced the launch of 'Mazeed', a pioneering service designed to empower entrepreneurs and provide integrated solutions for startups and small and medium-sized enterprises (SMEs). 'Mazeed' offers a wide range of tailored services to simplify company formation and expansion, including financial solutions, digital marketing, legal consultancy, and operational services, fostering an environment that promotes innovation and creativity. The launch of Mazeed aligns with Shams' strategy to support entrepreneurs and enhance entrepreneurship in Sharjah and the UAE by providing practical solutions that simplify business management, reduce operational costs, and promote sustainability and growth. Rashid Abdullah Al Obad, Director of Sharjah Media City (Shams), emphasized that 'Mazeed' represents a new step towards enhancing digital innovation in the business environment. He stated, 'Mazeed aims to simplify the journey of entrepreneurs, enabling them to focus on growing their businesses instead of dealing with complex operational procedures. The launch of 'Mazeed' aligns with Sharjah's vision to support a sustainable economy and foster investment while enhancing the customer experience by offering innovative services that effectively meet the needs of the business sector.' Shams also announced strategic partnerships with Aura, Peko, and Qashio, which will provide SMEs with seamless access to essential financial and operational services, ensuring that business owners have the necessary tools to optimize their operations. Through its partnership with Aura, companies will have access to flexible financing solutions, including invoice financing for B2B transactions and installment payment plans for licensing fees. These services offer greater financial flexibility, helping businesses maintain operational stability and drive growth. The partnership with Peko includes a range of essential business services, such as utility bill payments, mobile bill management, flight and hotel bookings, and payroll processing. Additionally, Peko provides digital business tools like WhatsApp for Business and electronic signatures, simplifying business operations for entrepreneurs. Qashio focuses on providing advanced financial management solutions, including expense management, virtual bank account creation, and a rewards system through Qashio Points. The partnership also introduces a revenue-sharing model. As part of its strategy to expand services for entrepreneurs, 'Mazeed' will continue forming new strategic partnerships with leading organizations across various sectors, with upcoming announcements expected soon. These collaborations aim to drive innovation in the business ecosystem and provide cutting-edge solutions that support the sustainability and growth of startups in the UAE.
Arab News
18-03-2025
- Business
- Arab News
Sharjah Media City offers new ‘Mazeed' service for entrepreneurs
SHARJAH: Sharjah Media City, also known as Shams, is offering a new service, called Mazeed, designed to empower entrepreneurs and provide integrated solutions for startups and small and medium-sized enterprises. The new service offers a wide range of tailored options that simplify the formation or expansion of a business, including financial solutions, digital marketing, legal consultancy and operational services, Shams said, to help foster an environment that promotes innovation and creativity in support of a thriving business ecosystem, it added. 'The launch of Mazeed aligns with Shams' strategy to support entrepreneurs and enhance entrepreneurship in Sharjah and the UAE by providing practical solutions that simplify business management, reduce operational costs and promote sustainability and growth,' Shams said. Rashid Abdullah Al-Obad, the director of Shams, said the new service represents a step forward in the enhancement of digital innovation in the business environment. 'Mazeed aims to simplify the journey of entrepreneurs, enabling them to focus on growing their businesses instead of dealing with complex operational procedures,' he added. 'The launch of Mazeed aligns with Sharjah's vision to support a sustainable economy and foster investment while enhancing the customer experience by offering innovative services that effectively meet the needs of the business sector.' Shams also said it has formed strategic partnerships with business-services companies Aura, Peko and Qashio to provide small and medium-sized enterprises with seamless access to essential financial and operational services, to help ensure that business owners have the tools they need to optimize operations. Aura will provide access to flexible financing solutions, including invoice financing for business-to-business transactions and installment payment plans for licensing fees. Such services offer greater financial flexibility, which helps businesses maintain operational stability and drive growth. Through Peko, businesses can access essential business services such as utility bill payments, mobile bill management, flight and hotel bookings and payroll processing. Peko also offers advice on digital business tools, such as WhatsApp for Business and electronic signatures, that can simplify operations. Qashio focuses on advanced financial-management solutions, including expense management, virtual bank account creation, and a rewards system using Qashio Points. The partnership also includes a revenue-sharing model. Shams said Mazeed will continue to form new strategic partnerships in various sectors as part of its strategy to expand the services on offer to entrepreneurs, and more announcements are expected soon. The aim of such collaborations is to drive business innovation and provide cutting-edge solutions that help support the sustainability and growth of startups in the UAE, it added.
Sharjah 24
18-03-2025
- Business
- Sharjah 24
Shams enhances business with MAZEED
A wide range of services "MAZEED" provides a wide range of services specifically designed to facilitate the establishment and expansion of companies, including financial solutions, digital marketing, legal consulting, and operational services, contributing to the creation of a business environment that stimulates innovation and creativity. Supporting entrepreneurs "MAZEED" launch falls within the framework of Shams' strategy to support entrepreneurs and promote entrepreneurship in the Emirate of Sharjah and the UAE in general, by providing practical solutions that help facilitate the management of startups, reduce operating costs, and enhance sustainability and growth. Promoting digital innovation in the business environment His Excellency Rashid Abdullah Al Obaid, Director of Sharjah Media City (Shams), emphasised that "MAZEED" represents a new step towards promoting digital innovation in the business environment. It aims to facilitate the entrepreneurial journey, enabling to focus on growing projects rather than being distracted by complex operational procedures. Al Obaid added that the launch of "MAZEED" aligns with Sharjah's vision to support a sustainable economy and promote investment, and supports efforts to improve customer experience by providing innovative services that effectively meet the needs of the business sector. Enhancing government services Al Obaid explained that "MAZEED" services are in line with Sharjah Customer Experience Improvement Programme, launched by Sharjah Executive Council (SEC). The programme aims to enhance the level of government services provided to individuals and the business sector by adopting a "Customer Experience Policy" that focuses on innovation and providing smart solutions that enhance the operational efficiency of entrepreneurs. Strategic Partnerships to Expand "MAZEED" Services Shams also announced strategic partnerships with Aura, Peko, and Qashio . These partnerships will provide SMEs with easy access to essential financial and operational services, ensuring founders have the tools they need to optimise their business operations. By partnering with Aura, businesses will gain access to flexible financing solutions, such as invoice financing for business-to-business transactions and installment payment plans for license fees, providing greater financial flexibility to maintain operational stability and drive growth. The partnership with Peko includes a range of essential business services, such as utility bill payments, mobile bill management, flight and hotel bookings, and payroll processing, helping businesses manage their day-to-day operations efficiently. Peko also offers digital business tools such as WhatsApp for Business and e-signatures, further streamlining operations for entrepreneurs. Qashio focuses on providing advanced financial management solutions, including expense management, bank account number creation, and a rewards system through Qashio points. The partnership also offers a revenue-sharing model. As part of MAZEED strategy to expand the scope of services provided to entrepreneurs, MAZEED will continue to work on concluding new strategic partnerships with leading entities across various sectors, which will be announced soon. These partnerships aim to foster innovation in the business environment and provide advanced solutions that support the sustainability and growth of startups in the UAE.
Yahoo
26-01-2025
- Business
- Yahoo
This Artificial Intelligence (AI) Innovator Could Be Sitting on a $100 Billion Opportunity That Could Send Shares Soaring 67%
Recent advances in artificial intelligence (AI) hold the potential to unlock billions of dollars in value for businesses through more effective and efficient work assisted by AI. Some of the biggest early winners in AI are the companies that make it possible to develop and train large language models, the core technology behind generative AI. But longer-term winners could be the companies that are best able to use AI to improve their businesses while helping other businesses improve their own operations. Meta Platforms (NASDAQ: META) is one of those potential long-term winners. In fact, it could be sitting on a $100 billion opportunity, according to William Blair analyst Ralph Schackart. He sees Meta acting as a key facilitator for businesses looking to use AI to interact with more customers. Here's how it could send shares soaring roughly 67% over the next few years. Meta has been working on tools to help businesses create their own AI chatbots for a couple of years now. It launched an alpha test in September 2023, and it expanded it to thousands of additional businesses a few months ago. Schackart sees the big opportunity coming as Meta expands the service to all businesses on its platform. Meta's AI tools allow businesses to create and train their own AI chatbots, which can provide customer support and facilitate sales. With over 200 million businesses on its apps, Meta has a massive addressable market to sell its AI tools. Schackart thinks many businesses will pay Meta directly for the opportunity to offload WhatsApp conversations to AI. He thinks strong adoption among businesses will lead WhatsApp users to engage in an average of 1.6 conversations with business AI chatbots per day by 2030. At an average cost of $0.04 each, that's a $45 billion revenue opportunity for Meta. He thinks if Meta held an auction for chatbot conversation pricing, it could fetch more than $100 billion from businesses. Meta has had limited success charging businesses for advanced features in the past. Its WhatsApp Business Platform, accounted for in Meta's "other revenue" line item, generates a small amount of revenue compared to its ad platform. As such, it might make more sense for Meta to monetize AI chatbots with its advertising products. Specifically, click-to-message ads on Facebook and Instagram. Using advertising to unlock the value of AI chatbots may enable Meta to scale the feature to more businesses, ultimately leading to better long-term results. AI-powered chatbots could allow businesses to process more conversations with potential customers and close more sales with lower overhead. As a result, the value of click-to-message advertising should increase as more businesses adopt and improve the technology. This is a natural way to introduce auction pricing to monetize AI chatbot conversations, even if businesses aren't paying for AI directly. Ultimately, Meta may settle on a hybrid approach. Currently, WhatsApp for Business includes free messages for conversations started via a click-to-message ad for the first 72 hours. Paying a slightly higher price for messages sent via AI chatbot after 72 hours will likely be worth it for most businesses since they won't be paying a human agent to interact with customers. Meta is already a massive company. It generated an estimated $163 billion in 2024, and analysts expect it to grow sales to $186 billion this year. Still, an extra $100 billion in sales by 2030 would be a huge addition to Meta's top line. It's worth noting that Meta is spending quite a bit to improve its artificial intelligence capabilities. Meta's capital expenditures will come in between $38 billion and $40 billion for 2024, and management said it expects significant growth in capital expenditures in 2025. Those upfront cash outlays will start showing up as depreciation expense on Meta's income statement over time, which could weigh on earnings if Meta doesn't continue to grow its top line. It's also important to note that running AI applications is relatively expensive, especially at the scale of 3 billion monthly users. Part of Meta's investments over the next few years will likely go toward bringing AI inference costs down significantly. That should make giving away AI chatbots much more profitable over time. If the opportunity turns out to be as big as Schackart estimates, $100 billion by 2030, those costs will be well worth it. Meta should see strong profit margin expansion at that scale, even with the additional costs of developing and deploying AI. If Meta maintains its current price-to-sales multiple, adding $100 billion in revenue should send shares about 67% higher. But keep in mind, business chatbots are far from the only revenue opportunity at Meta. It wouldn't be a surprise for shares to soar even more than 67% before 2030. Before you buy stock in Meta Platforms, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Meta Platforms wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $874,051!* Now, it's worth noting Stock Advisor's total average return is 937% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list. Learn more » *Stock Advisor returns as of January 21, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Adam Levy has positions in Meta Platforms. The Motley Fool has positions in and recommends Meta Platforms. The Motley Fool has a disclosure policy. This Artificial Intelligence (AI) Innovator Could Be Sitting on a $100 Billion Opportunity That Could Send Shares Soaring 67% was originally published by The Motley Fool Sign in to access your portfolio
