Mansi Jaswal – Page 46

Zepto leads ad spending surge in quick commerce, outpacing Blinkit

Zepto, Motilal Oswal, and Edelweiss have not publicly commented on the deal.

Zepto’s revenue surged by more than 1200 percent in FY2023 to $251.7 million compared to $18.9 million in FY2022 as per the data by Tracxn Technologies Ltd. However, the net profit of the company declined by 198 percent to $158.6 million year-on-year

Godrej Consumer Q2 FY25: Net profit rises 12% to Rs 491 crore, ad spend remains flat

GCPL's ad spend increases by 5.32% in Q3

Godrej Consumer spent Rs 363.95 crore on advertisement between July and September quarter of FY2025

Colgate’s ad spending up by 17.8% in Q2 FY25, net profit jumps to Rs 395 crore

The company has significantly expanded the availability of premium products by ramping up distribution coverage from 30,000 stores to 300,000 stores, ensuring deeper market penetration and accessibility.

Colgate reported 10% year-on-year topline growth for the quarter ended September 30, 2024, with domestic revenues growing by 10.5%

Pidilite Industries’ consolidated net profit ups 17.8% in Q2 FY25, revenue surges to Rs 3,234 crore

Pidilite Industries' profit increased by 2.22 percent to Rs 534.50 crore in Q3 FY25

In the first six months of FY25, Pidilite Industries’ profit soared to Rs 1,111.57 crore compared to Rs 932.22 crore in April and September FY2024.

Twitter India net profit declines by 90% due to sharp drop in ad revenue: Report

Twitch, a subsidiary of Amazon, was among roughly a dozen companies named in the original antitrust suit filed by X last November.

Twitter Communications has also cut employee benefit expenses by 95 percent to Rs 6 crore from Rs 130 crore after it fired nearly the entire workforce in India, which previously comprised 200 employees

HUL cuts advertising spend, reports slight profit dip in Q2 FY25

HUL reduced its advertisement and promotion expenses by 13.8 percent in Q2 FY25.

HUL posted a marginal decline (at 4 percent) in profit to Rs 2,612 crore in Q2 FY25 from Rs 2,717 crore on a standalone basis

GOTS expands suspension of Intertek Testing Services over security lapses: Report

In August, the London-based textile exchange – Global Organic Textile Standard (GOTS), suspended Intertek’s Indian office for Organic Content Standards

Zomato increases platform fee to Rs 10; Sixth hike over last one year

Mass layoffs seen in Zomato as the company leverages on AI tech

Zomato increased the fee to Rs 3 in October 2023, followed by Rs 4 in January 2024, Rs 5 in April 2024, Rs 6 in July 2024, and Rs 10 in October 2024

Tupperware scraps open-market auction plan; opts for $23.5 million sale to lenders

Tupperware filed for bankruptcy protection in Septembe

According to Reuters, lenders poised to acquire Tupperware include Alden Global Capital, Stonehill Institutional Partners, and a trading desk of Bank of America

Booking.com expands to become a ‘One-Stop Shop’ for travellers; Targets Gen Z, AI integration

Booking.com has witnessed a favorable repeat direct booking behavior from consumers using mobile apps compared to direct bookings on desktop or mobile in the first quarter of 2024 (Image: unsplash)

Booking.com’s first-quarter revenue grew by 17 percent to $4.4 billion, and adjusted EBITDA of about $900 million increased 53% year over year.