wordpress blog stats
Connect with us

Hi, what are you looking for?

Web18 Integrates Buzz18 And StoreGuru Into In.com; From Verticals To A Horizonal…

Web18, the Internet company from Network18, has begun moving some of its properties to the domain In.com - starting with its entertainment portal Buzz18 and e-commerce portal StoreGuru. Buzz18 is now hosted at buzz18.in.com, while StoreGuru has been moved to the domain http://shop.in.com/ and rebranded. Apart from these, In.com has also integrated Live TV, with mostly Network18 channels, and a podcast section. Web18s financials indicate a considerable increase in the companys spends over the last two quarters - with operating expenses of Rs. 18.5 Crores in the last quarter (operating loss of Rs. 5.59 crores), and Rs. 31.5 crores (operating loss of Rs. 13.5 crores) in the quarter before that; we believe much of this expenditure has been on In.com, which is Web18's biggest bet yet. Over the past month or so, we've noticed several instances of Adwords spends, TV advertisements and tie-ups with Network18 properties like Singh is Kinng and Bigg Boss, and more so, the company trying get users from across its channels to sign up for in.com; they've splashed advertisements asking users to sign up for In.com at MoneyControl, IBNLive, CricketNext and now Josh18. So is the company getting desperate to make a success of In.com? Rishi Khiani, COO of Web18 disagrees, saying that it isn't desperation, but means of acquiring users - "We were set aggressive targets by our management, and the entire process was in order to meet those targets, which we've now beaten." The integration of group sites into In.com will consolidate traffic, and…

Please subscribe/login to read the full story.
Written By

Free Reads

News

In its submission, the Interior Ministry said the decision to impose a ban was "made in the interest of upholding national security, maintaining public...

News

Among other things, the security requirements include data encryption and regular review and updated access permissions to reflect personnel changes.

News

the NTIA had earlier sought comments on the risks, benefits, and potential policy related to dual-use foundation models for which the model weights are widely...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ