Mobile and online business listings business JustDial is considering expansion of its services in global markets, especially in emerging markets, the company has disclosed in its earnings results for the quarter ended June 30, 2014.
It however hasn’t disclosed any specific information on which countries are they considering as part of this rollout and mentions that it will be rolling out to markets where the “potential for such kind of services is high”.
That being said, the JustDial US website suggests that the company plans to rollout to Hong Kong, Singapore, Australia and New Zealand. The company is currently operational in US & Canada besides India. There is however no word on when is the company planning to extend these service globally.
JustDial looking to terminate its agreement with group company Justdial Global
JustDial has also informed that one of its group companies Justdial Global has expressed its inability to operate in the US & Canada markets. It had a license agreement with JustDial to operate in these two markets through its subsidiary Just Dial Inc (USA).
The company is now considering termination of this license agreement. Post termination, JustDial Limited (the parent company) will retain the license to operate in all markets.
JustDial has also informed BSE it has been authorized by the company board to consider and evaluate the acquisition of Just Dial Inc from Just Dial Global.The board has authorized JustDial CFO Ramkumar Krishnamachari and Deputy CFO K. Srinivas to evaluate a detailed strategy and the viability of such acquisition.
Dropping Google Maps: Interestingly, its worth noting that JustDial had replaced Google Maps with its own maps solution JD Maps for directions on its platform in the previous quarter. It had sourced cartography from OpenStreetMaps and geocoded the actual addresses of businesses on JD Maps.
JustDial CFO Ramkumar Krishnamachari had earlier mentioned that they are now out of Google ecosystem as far as maps are concerned. This was important since JustDial essentially competes with the Internet giant in terms of business listings. With plans to expand its international presence, it would’ve been more critical for JustDial to pull out data out of Google.
JustDial had officially launched its services-focused online transaction platform Search Plus Services in December last year. The company claims that it currently has 20 search plus services live on the platform. These include cab booking, doctor appointments, grocery shopping and flower delivery among others. In April, the company had also introduced online bus ticketing, hotel reservations, tour packages and car rentals.
The target was is largely local vendors, and the site search allows users to sort these results based on location, distance, user ratings and price. One can then click on the ‘Buy Now’ button on their preferred product listing, provide the delivery address, enter the code sent by JustDial to their mobile phone and make the payment.
As of March this year, JustDial had claimed to have tied-up with around 140,000 vendors across various search plus services, up from 85,000 vendors in December last year. This includes around 28,000 restaurants for food delivery & table reservation services. JustDial founder and CEO VSS Mani had earlier mentioned that the idea behind search plus was to get as many local businesses as possible to make it addressable to every zip-code.
Updates: Added the Google Maps bit