Info Edge (India) Ltd. saw recovery across segments with traffic returning to Naukri and 99acres, its recruitment and real estate platforms, in the quarter...
InfoEdge’s core business Naukri saw bounceback in job seeker traffic to pre-Covid levels, and recruitment activity improved to 35% yearly decline in June as...
With easing lockdown restrictions in emerging markets, Naukri and 99Acres are back to “minus 20% to minus 15% levels from before the lockdown”, InfoEdge...
InfoEdge, which operates Naukri, 99Acres, Jeevansaathi, and Shiksha, saw a 10.3% YoY growth in billings to Rs 299.9 crore in Q3YFY19-20. Net sales (Revenue):...
InfoEdge increased marketing costs substantially in all its businesses, specifically in Naukri and Jeevansathi. Its overall marketing spend for Q1FY20 was around Rs. 55...
Bottom line: Naukri.com is a profitable business, while 99Acres is operating in losses, though it reduced losses by 73.4% compared to last year. Losses...