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Weekly Digest (30th-06th November 2015)

MediaNama would like to thank its sponsors: Chillr, Getit, IMImobile, Times Internet, Vserv and E2E for their support. Earnings Sep-15 - “The 4G ecosystem has now suddenly switched over” – Airtel CEO Gopal Vittal; Key learnings from Airtel’s Q3FY16 Concall - Heavy ad spends continue at Info Edge; profit up 2% to Rs 33.91Cr in Q2FY16 - Spice Mobility’s services biz revenues up 21% to Rs 62 Cr in Q1FY16 - NDTV digital business accounts for 20.15% of total revenues in Q2FY16 - Tata Teleservices Maharashtra posts 21st straight quarter of losses - 123Greetings ecommerce biz soars 169% y-o-y to Rs 150.59 crore in Q2FY16 - Groupon reported more than 0.51 million active deals at the end of Q2FY15 - Shemaroo’s new media biz accounts for 16.90% of total revenues in Q2FY16 - Mobile accounted for 55% of LinkedIn’s total visiting members in Q3FY15 - 13% of Twitter’s ad revenues comes from logged-out users and off-network - 51% of Samsung’s revenues came from mobile devices business in Q2FY15 - Nokia operating profit down due to lower sales and licensing fees - Rediff has Rs 45 crore of cash left; Shopping now 33% of revenues - MakeMyTrip Q2-FY16 losses nearly double to $12.22M from previous quarter Other Updates: - What’s for Dinner? The FOODPOCALYPSE – Pankaj Jain, 500 Startups - SEBI to allow selling of mutual funds on ecommerce sites - Fork Media launches women’s fashion content portal Hauterfly - Truecaller can now transliterate names to Hindi - Repair services company iQor to invest $200M in India - Cleartrip launches rewards program Cleartrip Rewards - Supreme Court upholds Kerala ban on online lotteries…

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