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Truecaller launches eSIM service for travelers in 29 countries, excluding India due to regulations.

Market News
20 May 2026
TechCrunch
View Source
Neutral
Truecaller launches eSIM service for travelers in 29 countries, excluding India due to regulations.

Truecaller has introduced eSIM services targeting travelers, offering data plans from 1 GB for 7 days to 20 GB for 30 days across 29 countries, excluding India due to strict telecom rules. The move aims to diversify revenue streams amid declining ad sales, leveraging Truecaller's existing user base of over 500 million for easier market entry. The company partners with Telna and Telness Tech to operate the platform, positioning the eSIM as a strategic addition to enhance app usability and subscription income. This launch comes as Truecaller faces financial challenges, including a 27% drop in net sales and a 44% decline in ad revenues in Q1 2026, alongside recent job cuts.

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XRP rallies over 8% as whales buy $2.2B tokens; upgrade and ETFs boost outlook toward $5.40 target.

XRP rallies over 8% as whales buy $2.2B tokens; upgrade and ETFs boost outlook toward $5.40 target.

XRP has surged more than 8% in three days following whale accumulation of approximately 1.54 billion tokens valued at $2.2 billion. This buying activity, combined with strong technical support and the upcoming XRP Ledger Batch V1.1 upgrade expected a...

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Tim Draper urges Apple and Meta to hold Bitcoin to hedge against financial risks from government spending.

Tim Draper urges Apple and Meta to hold Bitcoin to hedge against financial risks from government spending.

Billionaire investor Tim Draper has called on major tech companies Apple and Meta to hold Bitcoin on their balance sheets as a safeguard against potential monetary instability caused by ongoing U.S. government spending and fiscal deficits. Draper arg...

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Ethereum jumps 4.8% to $2,752 amid strong institutional buying and rising derivatives activity.

Ethereum jumps 4.8% to $2,752 amid strong institutional buying and rising derivatives activity.

Ethereum surged 4.8% to $2,752.53, nearing the $3,000 mark as BitMine increased its holdings by 27,562 ETH, now holding nearly 5% of total supply. Despite $140 million weekly outflows from US spot Ethereum ETFs, a sharp $143.8 million inflow on Frida...

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Harbor Ares Systematic High Yield ETF gains 3.11% in Q2, driven by smart security selection amid stable economy.

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The Harbor Ares Systematic High Yield ETF returned 3.11% in the second quarter, mainly due to effective security selection guided by Ares Systematic Credit’s proprietary Sentiment and Valuation research. The ETF favored higher-quality high yield bond...

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Hi-View CEO to attend 2026 Precious Metals Summit to discuss BC gold, silver, copper projects

Hi-View CEO to attend 2026 Precious Metals Summit to discuss BC gold, silver, copper projects

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