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Weekly Digest (22nd-29th April 2016)

MediaNama would like to thank its sponsors: Getit, Times Internet, Espn, Spiral and E2E for their support. Earnings Mar-16 - In India, Telenor operating loss $381M; has 11M internet subscribers - Idea Money users grew to 2M in Q4 FY16 from 0.59M in the previous quarter - Amazon Tatkal rolled to 25 cities across India and other results takeaways - Facebook’s net profit grew 197% to $1.5B backed by ad growth - Over 680,000 Idea customers are using 4G services. - Airtel’s mobile broadband users at 35.46 million; 4G user base over 2.79 million? - Apple India iPhone sales up 56% in Q2FY16 - Reliance Jio in-house users consumed 18 GB on an average in a month Data - India added 7.63M active mobile connections in February 2016 Other Updates: - Facebook blocked 14,971 content pieces in India in H2 2015 - Long term operations in India subjected to spectrum auction: Telenor Group CEO - Google to display which apps have ads on the Play Store - India’s own navigation system goes live with IRNSS-1G launch - ErosNow launches in Malaysia in partnership with Maxi Berhad & U Mobile - Did the expected ban on ecommerce discounts make CouponDunia add cashbacks to its model? - Explara launches marketing solution for event organizers - Peer-to-peer lending platforms to be treated as NBFCs: RBI consultation paper - Urban Ladder to offer customized interior design service - GirnarSoft acquires software services startup Connecto - Housing launches Housing News to cover the real estate sector - Times Internet’s Spotlight to offer content solutions for marketers - Reliance Jio to raise Rs 2250 Cr by issuing…

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