The Rs 500 crore investment will be allocated as follows: Rs 250 crore for content acquisition to ensure a diverse and robust library across all platforms, Rs 200 crore for the production of new content, and Rs 50 crore for marketing and technological advancements.
Author: Indrani Bose
Advertisers abandon X over extreme content
X has faced significant backlash from advertisers due to its lax content moderation and Musk’s own controversial statements.
Twitter veteran Nick Pickles resigns from Elon Musk’s X
In June, X’s head of business operations, Joe Benarroch, left the company.
hoichoi achieves 60:40 gender balance; 200 percent ad revenue growth
While West Bengal remains hoichoi’s core market, over 45% of its users come from other regions of India, says Soumya Mukherjee Chief Operating Officer – hoichoi (India & Bangladesh).
Unpredictable monsoon derails auto retail: PV sales plunge 4.53% YoY
In the CV segment, sluggish construction activity, liquidity issues and weather-related disruptions are likely to suppress demand further.
Festive season fuels e-commerce boom: Meesho enables over 8 lakh jobs
This year, Meesho’s sellers have hired 5 lakh seasonal workers as part of their requirements for the festive season.
APEDA to promote alcoholic beverage exports as part of ‘Make in India’ initiative
Exports in this segment to cross $1 billion export revenues.
Rs 580 bn boom: Indian digital ad spending set to surge 15.9% this festive season
72% of young Indian e-commerce shoppers basing their purchase decisions on personalised recommendations, as per the report.
Innerwear brand Jockey focusses on digital amidst quick commerce boom
Nihal Rajan, CMO, Page Industries shares how Jockey is developing a range of products that aren’t just fleeting trends or seasonal fads and the significance of merging cricket with fashion.
Kia leads mass market segment; Audi tops luxury segment: Report
Toyota scores highest in product experience with 45.40. Good resale value, gearshift quality, quality of lights, contributed the most to its ranking.