Earnings: HT Media To Build Real Estate, Matrimonial Portals; Claims 130 M Pageviews/Year For HT.com
By Nikhil Pahwa - Tue 20 May 2008 06:05 AM PST
In its earnings release, HT Media has claimed that Hindustantimes.com (HT.com) has emerged as the No.2 player in the news segment with approximately 2.4 million users, and about 130 million annual page views (that an average of 1.08 10.8 million pageviews a month). The company also states that their recently launched jobs portal Shine.com has received 1.25 lakh candidate registrations, and more than 4000 recruiter accounts; during the year, Livemint.com launched a portfolio tracker, WAP site, SMS alerts, 4 vertical blogs, market information package with recommendations and a stock map. During the year, they had also acquired Desimartini.com. There’s only a brief mention of Private Equity deals (selling ads for stake in companies), that it’s providing “strong business leverages”, but no details.
For FY09, HT Media intends to build real estate and matrimonial verticals through Firefly e-Ventures, and grow the social networking and jobs portals.
More as we have it. HT.com’s Investors section hasn’t been updated yet.
Posted in: Companies, HT Media, Earnings
