wordpress blog stats
Connect with us

Hi, what are you looking for?

Info Edge Q1-FY16 Results in Charts: Recruitment is 2.65 times other businesses

A majority of its revenues for Info Edge come from its recruitment solutions business, which is 2.65 its other business: The recruitment business, which includes Naukri.com, is profitable, while other verticals are losing money:   The significant loss in other verticals in this quarter, the highest ever due to investments in 99Acres, led to a reduction in profit for the quarter, despite significant continuous growth in revenues since Q1-FY10: Naukri.com has fairly diversified sources of income, key among them IT/IT Enabled Services and infrastructure. Its dependency on IT Services / ITES is high: in Q3-FY08, IT/ITES accounted for 30% of Naukri.com revenues. 7 years later, it still accounts for 29% of Naukri.com revenues. Info Edge's headcount has crossed 4,000 for the first time: The quarter saw a slight decline in listings for 99Acres, both free and paid: Paid transaction per paid listing on 99 Acres declined 9.5% quarter on quarter, and 6.4% year on year. Info Edge also owns Jeevansathi.com, which indicated growth in number of unique paid customers year on year. Disclosure: Info Edge is an advertiser with MediaNama  

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

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

Free Reads

News

The ‘Reforming Intelligence and Securing America Act’ (RISAA) is a legislation to reauthorize Section 702 of the Foreign Intelligence Surveillance Act (FISA).

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.

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