Tag Archives: 99acres-commonfloor-housing.com

Naukri – Demand buoyant, 99Acres Muted – Will Zomato Breakeven ?

Naukri Platform Demand Buoyant Naukri.Com is witnessing increased adoption of newer features by its corporate clients. 350 customers have gone live on Referral hiring system. Similarly, INFOE has sold cloud based Careers Site manager (CSM) to above 1,600 clients. Average realization in CSM has also doubled, indicating pricing power. The company expects growth rate to sustain in FY17.

The Management played down potential Continue reading Naukri – Demand buoyant, 99Acres Muted – Will Zomato Breakeven ?

InfoEdge’s 99Acres Ups the Ante on CommonFloor & Housing.Com

InfoEdge Focus on 99AcresInfoEdge India’s 99acres.com incurred a loss in the June-2014 Quarter due to continued investments in sales teams, product development and advertising. Management believes that the loss is likely to increase if competition intensifies. The company has announced a QIP of Rs7.5bn primarily to invest in 99acres.com.

In the Indian Real Estate Online Space, competition from newer Continue reading InfoEdge’s 99Acres Ups the Ante on CommonFloor & Housing.Com