wordpress blog stats
Connect with us

Hi, what are you looking for?

Network18 says Digital Content business has turned around, but stops sharing data

RIL owned Network18′s has stopped disclosing financial information pertaining to its digital content and commerce business. For the quarter ended 30th June 2014, the company has said that its Digital Content business has delivered a “turnaround performance”, but not shared details of how it has performed. During the quarter, Durga Raghunath, CEO of Network18 Digital (Web18) had put in her papers.

Note that post Network18’s restructuring in 2011, it had switched from reporting revenues and/or profit for Web18, to reporting revenues for “Digital Content & Commerce” (see this). Now we don’t even have that.



During the quarter, Reliance Industries completed its acquisition of Network18. Our coverage of the acquisition here.

The last reported revenues for Network18’s digital content and commerce businesses:


Operational details

Advertisement. Scroll to continue reading.

– Network18 claims to have a monthly average reach of approximately 28 million unique visitors in this quarter ( source: Comscore; Monthly average of April 2014 to June 2014; World). Readers should note that this fiscal, websites received higher traffic due to the general elections, as already indicated by NDTV.com.

– ibnlive.com, Firstpost.com and News18.com together got 10 million monthly unique users (Source: Comscore;Monthly average of April 2014-June 2014; world) in this quarter. During the run up to the General elections and counting day, both IBN Live and Firstpost garnered their highest ever traffic.

– Moneycontrol.com got an average of approximately 8.4 million monthly unique visitors (source: Comscore;Monthly average of April’2014-June’2014;World) in the quarter. Note that it would have been impacted by the announcement of the Union Budget, which was announced in Q1-FY15, instead of Q4-FY14, because of the General Elections.

– Bookmyshow.com sold 3.78 million tickets every month during the quarter, up from 2.9 million in Q4-FY14
– Homeshop18.com crossed a milestone of one crore customers base, and executed over 2 million orders in this quarter.

Download: Network18 Q1-FY15 results

Advertisement. Scroll to continue reading.

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



By Rahul Rai and Shruti Aji Murali A little less than a year since their release, the Consumer Protection (E-commerce) Rules, 2020 is being amended....


By Anand Venkatanarayanan                         There has been enough commentary about the Indian IT...


By Rahul Rai and Shruti Aji Murali The Indian antitrust regulator, the Competition Commission of India (CCI) has a little more than a decade...


By Stella Joseph, Prakhil Mishra, and Surabhi Prabhudesai The recent difference of opinions between the Government and Twitter brings to fore the increasing scrutiny...


This article is being posted here courtesy of The Wire, where it was originally published on June 17.  By Saksham Singh The St Petersburg paradox,...

You May Also Like


Key takeaways Network18’s digital news revenue increased by 50% YoY for the second consecutive quarter Consolidated Net Profits grew 125% YoY Network18 Digital saw...

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
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