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Weekly Digest (25th-01st August 2014)

MediaNama would like to thank its sponsors: Spice Digital, Antfarm, India.com, Getit, Google and E2E for their support. Earnings-June14 - 45% of LinkedIn’s traffic & avg visiting members in Q2 2014 was mobile - OnMobile posts Rs 12.1 Cr loss in Q1-FY15 due to increased content costs in Europe - 123Greetings gift shipments up 3x to 0.12M for Q1-FY15; Mobile e-cards up 60% - Hotel & Packages biz is now bigger than Air Ticketing for MakeMyTrip - Airtel Q1-FY15 profit at Rs 1108 crore; Mobile data revenue at Rs 2204 Cr globally - Airtel has 39.32 M Mobile Internet connections, 12.53 M 3G after culling incidental users in Q1-FY15 - HT Media’s digital revenues at Rs 23.7 Cr for Q1-FY15; Digital loss down 28.5% YoY - Ybrant’s digital marketing revenues up 21.6% YoY to Rs 341.1 Cr for Q1-FY15 - JustDial’s paid campaigns up 25.2% YoY to 0.28M in Q1-FY15; Search? - JustDial plans rollout to emerging markets; Justdial Global license agreement - Vodafone India reports 0.3M active M-Pesa users in Q1-FY15 - Vodafone India reaches 10M 3G connections in Q1-FY15 Investment & M&A - Inox acquires 100% stake in Satyam Cineplexes; To open 156 new screens - Funding Roundup: SocialCops, AppDra, Remedinet - After Flipkart’s 1Bn fundraising, Amazon announces $2Bn investment in India - Flipkart secures $1Bn investment from Singapore’s GIC, Tiger Global, Naspers & Others - Wipro reportedly setting up $100M fund to invest in technology startups - Big data analytics firm Peel-Works raises $2M from IDG Ventures & Inventus Capital - Scroll.in raises funding from Omidyar Network - Forbes sells majority stake to Hong Kong-based investor group Other Updates:…

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