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Naukri billings up 8.5% YoY, 99Acres billings up 10.9% YoY: Q3FY20

InfoEdge, which operates Naukri, 99Acres, Jeevansaathi, and Shiksha, saw a 10.3% YoY growth in billings to Rs 299.9 crore in Q3YFY19-20. Net sales (Revenue): Rs 320.5 crore, up 14% YoY from Rs 281.1 crore Total income: Rs 340.9 crore, up 9.7% YoY Billings in Q3FY19-20 Naukri: Rs 210 crore, up 8.5% YoY 99Acres: Rs 54.3 crore, up 10.9% YoY JeevanSaathi: Rs 22.4 crore, up 27.4% YoY Shiksha: Rs 13.3 crore, up 11.4% YoY [caption id="attachment_210489" align="aligncenter" width="794"] Source: InfoEdge Presentation February 2020[/caption] Operational numbers for Naukri: Job listings: 500,000 New resumes added: 12,000 Resumes modified: 390,000 Recruiter email connects: 490,000 Average daily resume searches: 676,000 Competitors: local job boards such as Indeed, Monster India, Times Jobs, and Shine IIMjobs.com InfoEdge acquired HighOrbit Careers Pvt. Ltd., which operated iimjobs.com and hirist.com in May 2019. iimjobs.com caters to 400 corporate customers including American Express, Amazon, Cognizant, GlaxoSmithKline, Goldman Sachs, IBM, etc. Some of its numbers: Billings: Rs 18.2 crore in FY19, H1FY20 billings: Rs 10.2 crore, up 19% YoY Active jobs: 10,000 Job applicants: 1.46 million 99Acres (numbers as of December 31, 2019): Total projects: 166,583 (under construction or ready-to-move-in) Total listings: Over 1 million, including 364,727 owner listings Residential listings: 836,244 Commercial listings: 168,134 [caption id="attachment_210490" align="aligncenter" width="774"] Source: InfoEdge Presentation February 2020[/caption] Jeevansathi Follows a "freemium" model: Listing, searching, expressing interest, etc are free services, but payment is required if a user wants to contact a person. Competition: InfoEdge claimed that JeevanSaathi leads in certain North Indian communities and states,…

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