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Weekly Digest (20th-27th May 2016)

MediaNama would like to thank its sponsors: Espn, Getit, Spiral, Times Internet and E2E for their support. Earnings Mar-16 - HT Media’s digital revenues grow 35% to Rs 140 Cr in FY16; Rs 64 crore loss - Zomato reports EBITDA losses of Rs 492 Cr; revenues of Rs 185 Cr in FY16 - Lower ad spends pushes Info Edge’s net profit to Rs 57.18 Cr in Q4FY16 - Dish TV hits 508,000 subscriber additions in Q4 FY16; its highest in five years - DB Group’s Internet revenues were Rs 11.97 Cr for Q4-FY16 - JustDial made Rs 3.65 Cr from setting up JD Omni to sellers; net profit at Rs 35.3 Cr in Q4 FY16 Other Updates: - Ola launches Lux, a luxury car category in Mumbai - ASCI calls out Snapdeal, Amazon, Just Dial, Coolpad & others for false advertising - Facebook’s Audience Network gearing to take on Google AdSense - MapmyIndia launches car tracking device DriveMate - Private: Living Media India’s stake in Mail Today transferred to TV Today Network - Private: “A lot of 99Acres’ ad spends depends on competitive activity”- Info Edge’s Bikhchandani - BuyDomains blocked once again in India - Helpchat gunning for JustDial’s Search Plus business? Not going to be easy - Twitter calls it quits on Buy Button; Our take - Updated: Jury rules in favour of Google in Android – Java copyright violation case - Snapdeal offers ready-to-occupy apartments in partnership with Puravankara & JLL - Funding Roundup: PurpleHealth, Eatonomist, i2ifunding & more - Vuclip takes VOD service Viu to Indonesia - Arvind Internet plans to invest $10m in new omni-channel venture - Uber…

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