September 2024 – Page 31

EaseMyTrip launches marketplace, ScanMyTrip.com, integrated on ONDC Network

EaseMyTrip reported a 25 percent decline in its net profit to Rs 34 crore in Q3 FY25 YoY.

The new product, ScanMyTrip.com is a marketplace designed to enable OTAs, MSMEs, Travel agents and homestays to list their offering – Flights, Hotels and Homestay on ONDC Network.

EU regulators to probe Google over its AI model, raises privacy concerns

AI-powered applications like fashion avatars, smart shopping carts, and virtual influencers are enhancing customer engagement. 47% of retailers state that AI has led to new product and service developments

Ireland’s Data Protection Commission (DPC), the lead EU regulator for most of the top U.S. internet firms said that the probe concerned the Alphabet Inc (GOOGL.O), opens new tab unit’s Pathways Language Model 2 (PaLM 2).

Archies to expand online presence through ONDC, FirstCry, and other partnerships

Archies Limited currently operates 325 exclusive outlets (in 15 states & 66 cities)

The retail brand is now in talks with BigBasket and Flipkart’s 10-minute delivery service. With established partnerships with major e-commerce platforms like Flipkart, Myntra, and Amazon, Archies has aimed for around 150% growth in FY 2025

Starbucks’ new CEO Brian Niccol’s “beat-up notebook” and simple success mantras

Brian Niccol was previously CEO at Chipotle Mexican Grill and Taco Bell.

From “believe in yourself” to “I know what to do,” Brian Niccol’s confidence and gut instinct landed him the top job at Starbucks.

PHD appoints Essencemediacom’s Vincent Rebeix as global chief operating officer

Vincent Rebeix started his career at MediaCom and then also worked at Media Futures Group. (Image source: LinkedIn)

Previously, Vincent Rebeix led Essencemediacom as global chief product and solutions officer.

Fiona Gordon promoted to Global CEO of Advertising of Ogilvy

Gordon will report to Devika Bulchandani, Global CEO of Ogilvy, and join the agency’s Global Executive Committee.

Panasonic to end 37 year partnership with International Olympic Committee

Panasonic is one of the 15 top sponsors of the International Olympic Committee. (Representative Image: Jametlene Reskp via Unsplash)

Panasonic has agreed not to extend the agreement after the expiration of the current contract term at the end of December 2024.

Sejal Haribhakti Mody joins Akasa Air as CHRO

Sejal Haribhakti Mody has worked with Hindustan Unilever, Disney Star, McKinsey & Co., Accenture and Cisco Systems.

Former Hindustan Unilever Executive to lead HR strategy for Akasa Air’s global ambitions.

China leads global wrist-worn device market

Weakness in the basic smartwatch market originated in India, where consumer demand waned due to a slow replacement cycle, lack of innovation, and unsatisfactory user experiences among first-time buyers, according to the Counterpoint report. (Image source: Unsplash)

As per International Data Corporation Worldwide Quarterly Wearable Device Tracker data, the growth of the Chinese wrist-worn market is not only exceeding the global market, in the first half of 2024 Chinese manufacturers also maintained a rapid growth rate and a strong market position in the global wrist-worn market.

Amul wins trademark infringement case against Italian brand Amuleti

Amul has registered a turnover of Rs 65,911 crore (nearly $7.75 billion) for the fiscal 2025

Meta Inc. has ordered to block or delete the social media account of Terre primitive for promoting Amuleti.