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Twitter 'no longer exists' and has been merged with X Corp, according to court documents filed in California court on April 4, reported Bloomberg. This has begun speculation about Twitter owner Elon Musk's plans about the social media platform which he has said in past would ideally be converted into a 'everything app' X.

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Musk also got the discussion going by just tweeting 'X'

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What is ‘everything app’

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Although this concept is new in the US, such an example exists in Asia. A 'super app' or 'everything app' is a massively popular concept in China and tech companies across the world have tried to emulate it.

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A super app is a platform that offers many services under one umbrella. Much like a Swiss army knife it tends to be one-stop-shop solution for variety of functions.

Where did the concept originate?

China and Southeast Asia have been churning out these 'super apps'.

WeChat, GoJek, and Grab are some that leveraged the opportunity of customer traffic on their platforms that originally came for social media and communication by offering additional services leading to increased revenue realisations.

In India, the Tata Group is planning to come up with its own super app.

Reliance Industries, under its Jio umbrella, is amalgamating its various services such as shopping, content streaming, groceries, payments, cloud services, etc.

Whereas, Paytm, which initially started out as a digital payments company, has been offering other services like ticket bookings, games, online shopping, banking, consumer finance, etc.

India’s homegrown Flipkart Group has tied up its payments app PhonePe with companies such as Ola Cabs, Swiggy, Grofers, AJio, Decathlon, Delhi Metro, booking.com, etc., to offer these services from within its own app.

Have other US tech firms tried this?

Snap Inc-owned Snapchat earlier introduced peer-to-peer payments called Snapcash, but ended the feature in 2018.

It also made a push into mobile gaming and recently ended that venture as part of cost-cutting plans.

(With inputs from agencies)

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