Posted on August 31st, 2008 by dhirender
Microsoft has agreed to buy Greenfield Online, owner of popular European price comparison website ciao.com, for about $486 million to boost its Internet search and e-commerce business in Europe.
Ciao.com is active in seven European countries and attracts 19.6 million unique visitors per month in Europe, more than twice as many as rival kelkoo.com, according to [...]
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Posted on August 30th, 2008 by dhirender
Sulekha.com, the local classified advertisements and yellow pages portal, has now expanded its presence to 20 Tier II and Tier III cities. Earlier, it was offering its services in eight metros, including Delhi, Mumbai, Kolkata and Chennai.
The new cities the website will now cover include Agra, Amritsar, Chandigarh, Kochi, Coimbatore, Goa, Indore, Jaipur, Jalandhar, Kanpur, [...]
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Posted on August 29th, 2008 by dhirender
“We have projected to have a revenue of $4-5 million within next 12 months and majority of it will be coming from advertisements,” says BigAdda.Com COO Shivanandan Pare. “We are reaching out to 40 million internet users in the country, and with us going on to mobile platform, we will be able to reach to [...]
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Posted on August 29th, 2008 by dhirender
MIH, the investment arm of the South African media conglomerate, Naspers, has invested $10 million in the Singapore based mobile content and services company, BuzzCity.
BuzzCity’s key product is myGamma, a mobile social network, which has more than six lakh members from India. BuzzCity plans to utilise the funds to increase the market share and membership [...]
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Posted on August 28th, 2008 by dhirender
The online banner advertisement market is expected to jump 40% to reach Rs. 350 crores by 2008-09 from its current size of Rs 235 crores [2007-08] according to Online Banner Advertisement in India, a study released by the Internet and Mobile Association [IAMAI] and IMRB.
BFSI, online industry and ITES with a share of 25%, 25% [...]
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Posted on August 28th, 2008 by dhirender
In the US this year, advertisers will spend $40 million to reach a business audience on online social networks, and that is just the beginning. According to eMarketer projections, that ad spending will reach $210 million in 2012.
Social networks with a business twist are getting their place in the sun – take LinkedIn for instance, [...]
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Posted on August 27th, 2008 by dhirender
Today there is no specific recognition of email as evidence, which has often been exploited by companies facing prosecution, but in the new company law being drafted by the government this might just undergo a change.
With corporates relying on emails for bulk of their communication, the ministry of corporate affairs is planning to recognise electronic [...]
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Posted on August 27th, 2008 by dhirender
Starting with it’s investment of $1 million in the bibliophile social network Shelfari back in February 2007, Amazon has moved on to acquire it, though the terms have not been disclosed as yet [Shelfari blog]
With it’s model built around books and book lovers, Shelfari allows members to share their literary inclinations and passions with peers, [...]
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Posted on August 26th, 2008 by dhirender
Ever since Nokia preloaded the game “Snake” inside a mobile handset back in 1998, mobile carriers and game publishers have expected the mobile gaming market to explode. But as the media developed, one truth that started becoming clear, was that while consumers enjoy playing mobile games, they don’t really like paying for them.
“Compared with other [...]
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Posted on August 26th, 2008 by dhirender
A collaboration between telephone operators such as Telefonica SA and Iusacell with banks such as Citigroup Inc and BBVA will allow mexican cell phone users to link their bank savings account to their telephone so they can make payments to participating stores, restaurants and taxis just by sending a text message.
While using phones to buy [...]
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