Prashant Gupta’s Post

Blinkit is making waves in the Indian quick commerce sector, achieving remarkable growth and setting new benchmarks. Read how BlinkIt is winning the race in India’s ₹41,000 crore quick commerce industry. LINK IN THE COMMENT BOX ↓ #blinkit #zomato #quickcommmerce

ClearTax's Neha quest sparks banter among brands like Ajio, Cleartrip, and Rapido On May 14, 2024, an #Indian #fintech #SaaS platform #ClearTax took to X (formerly Twitter) and shared that Neha, who works with the company, has gone missing amid the ongoing tax-filing season. The company requested the netizens on the platform to look for Neha as she is an important part of the team and primarily sends out emails to people asking to file their #income tax returns (ITRs) on time. With the ongoing search, several brands including AJIO.com, Cleartrip, Rapido, Yatra Online Ltd., AbhiBus, Porter, Mudrex, BellaVita, Boldfit, and more jumped into the brand banter with ClearTax and started mentioning the last activity by Neha they noticed on their respective platforms, along with hashtags #NehaTuKahan and #IsSheTheOne. #Ajio comments, “Customer care has noticed multiple queries from one Neha who has gone on a wishlisting spree and has been asking about 'tax return deals' in the next.” #Cleartrip adds, “We see a hotel booking by the name 'Neha' asking for a room with a dedicated work desk. The special request says "Room to be quiet enough to focus on taxation work". While we're looking through our best workation getaways.. Is it her?” As of now, the quest for Neha has evolved into a captivating saga, drawing audiences into a digital adventure unlike any other. What began as a search has transformed into a multi-brand spectacle, with each participant adding their own twist to the narrative. The collective efforts of ClearTax and its brand counterparts have turned the hunt for Neha into a viral sensation, captivating the imagination of netizens across the digital landscape. MCA Worldwide (Music, Culture & Art) | Rohit Jaiswal | Vivek Saini It sounds like there's some friendly banter going on between these brands, which can be a fun way to engage audiences! Here are some hashtags to capture the spirit of the banter: #NehaQuest #BrandBanter #ClearTaxVsAjioVsCleartripVsRapido #FriendlyCompetition #BanterBrands #DigitalRivalry #MarketingFun #BattleOfBrands #SocialMediaSpat #BrandShowdown

WEBTOON, one of the entertainment companies I consider a goal and a benchmark for KaryaKarsa, has filed for IPO. It's quite telling that in the filing, the largest contribution of revenue was from consumption of content. Diminish the friction points to purchase content, and offer content in various formats according to customer's tastes (with, of course, a suitable pricing strategy), and people WILL pay for content. And the content sold does not always have to be mass-market, just mass distribution. (found the article by following Allen Lau) https://lnkd.in/gX3XUPDa

🚀 Empowering Publishers, Every Season! From cutting-edge ad formats to strategies that deliver consistent revenue, the VDO.AI Annual Publisher Conclave 2024 was packed with transformative insights. 🌟 shanky bhat from OLX shared his insights on reliable, all-season strategies for publishers. 💡 Get a glimpse into the insights and strategies that are setting the pace for the future of digital publishing! #PublisherConclave2024 #RevenueGrowth #AdStrategies #DigitalPublishing #VDOAI

https://lnkd.in/gPAyKBFR #NASDAQ: GRAB #Food Delivery #Ride-Hailing #Southeast Asia #Uber #Gojek #GOTO Grab (NASDAQ: GRAB) announced its Q4 and full-year 2023 financial reports, confirming its profitability. The strategic direction of Grab, now profitable, across various regions and product lines has garnered attention. While Grab probably aspires for market value growth akin to Uber's (NYSE: UBER), the significant differences in their moats and strategies suggest a potentially more challenging path for Grab. However, a solid balance sheet provides Grab with strategic flexibility, making it feasible to meet its 2024 profitability targets. Additionally, stock buyback measures could pleasantly surprise investors. According to Grab's Q4 financial report, the company GMV surpassed $10 billion for the first time, reaching $11 billion. Revenue grew 30% year-over-year to $650 million. The company also achieved its previously announced profitability targets, with an Adjusted EBITDA of $35 million and a GAAP profit of $11 million. This indicates modest stock-based compensation expenses and low debt interest costs. Specifically, Grab's mobility and delivery segments posted GMV of $1.47 billion and $2.65 billion, respectively, with both segments achieving double-digit year-over-year growth. However, quarter-over-quarter growth slowed to 4.8% and 1.5%, respectively. The company's quarterly active user count only grew by 1.7 million (4.7%). As a lifestyle services company, which should theoretically be less affected by seasonal variations, maintaining growth momentum while reducing incentives for profitability appears to be a challenge. The 2024 guidance of Grab is just passable, with revenue growth expected to be between 14%-17% and Adjusted EBITDA projected to be between $180 million and $200 million, corresponding to a P/E ratio of over 60 times. Grab likely wishes for investors to apply the same standards to it as they do to Uber. However, Uber operates in over 70 countries and more than 10,000 cities, making efficient use of idle labor in developed nations. In contrast, Grab focuses on developing markets in Southeast Asia, where competition continues to enter, raising concerns. Moreover, while Uber concentrates on deepening its services across various transportation scenarios and demographics, Grab has expanded into the financial sector, which has yet to show a clear path to profitability. Considering the policy turmoil faced by live e-commerce platforms like TikTok in Indonesia, the rapid policy changes in Southeast Asia and the complexities of the financial sector present additional challenges for Grab. Despite its challenges, Grab possesses a significant advantage that many cash-burning internet companies lack: a robust and healthy balance sheet. With total debt at $2.32 billion and cash plus short-term investments amounting to $5.04 billion, Grab is in a strong position for strategic opportunities. Even without-

𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐚 𝐬𝐜𝐚𝐥𝐞𝐝, 𝐩𝐫𝐨𝐟𝐢𝐭𝐚𝐛𝐥𝐞 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐟𝐨𝐫 𝐁𝐡𝐚𝐫𝐚𝐭! 🇮🇳 At 𝐒𝐡𝐚𝐫𝐞𝐂𝐡𝐚𝐭 & 𝐌𝐨𝐣, we've been laser-focused for the past two years on achieving profitability. Two key levers guided us: 1️⃣ Monetizing our audience better 2️⃣ Driving content-serving cost efficiencies The results in FY24 have been encouraging: 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 𝐮𝐩 33% 𝐘𝐨𝐘 📈 (Rs 540 to Rs 718cr) 𝐂𝐚𝐬𝐡 𝐛𝐮𝐫𝐧 𝐝𝐨𝐰𝐧 𝐛𝐲 67% 💰 (Rs 2,400 crore to Rs 793 crore) And since March '24, progress has accelerated even further. We’re now on track to become 𝐜𝐚𝐬𝐡𝐟𝐥𝐨𝐰 𝐩𝐨𝐬𝐢𝐭𝐢𝐯𝐞 𝐢𝐧 6 𝐦𝐨𝐧𝐭𝐡𝐬 with an 𝐚𝐧𝐧𝐮𝐚𝐥 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐨𝐟 ₹800+ 𝐜𝐫𝐨𝐫𝐞. Operating two platforms with 10 crore+ active users each has been a humbling journey. To scale monetization faster, we stepped beyond the Silicon Valley playbook of ads, 𝐩𝐢𝐨𝐧𝐞𝐞𝐫𝐢𝐧𝐠 𝐦𝐢𝐜𝐫𝐨-𝐩𝐚𝐲𝐦𝐞𝐧𝐭-𝐛𝐚𝐬𝐞𝐝 𝐥𝐢𝐯𝐞𝐬𝐭𝐫𝐞𝐚𝐦𝐢𝐧𝐠 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬 tailored to Bharat's needs. We’re now shifting from "𝐬𝐮𝐫𝐯𝐢𝐯𝐚𝐥 𝐦𝐨𝐝𝐞" to "𝐛𝐮𝐢𝐥𝐝 𝐦𝐨𝐝𝐞", unlocking new opportunities to innovate for our communities on ShareChat and Moj. The future is exciting. Back to building now! 🚀

I'm about to spend some time putting together notes & doing the final prep for our group chat that we'll be having with Casey Winters (Growth Advisor, prev. Eventbrite) this week. Casey of course has some incredible experience working with marketplaces like Whatnot Bounce Faire Hipcamp Airbnb Thumbtack and has also shared lots of popular posts on product, growth, & marketplaces, so this has been a fun one to prep for. Before I finalize my notes, what specific topics would you like for us to cover? What questions do you have for him that I should ask?

Time to share some of the highlights from what was a successful Q1 for Bitmovin setting us up for an impressive 2024. Here's the numbers: 1. Biggest quarter in ARR bookings for Bitmovin since Q4 2020 2. Total bookings up by 35% QoQ compared to Q4 '23 3. 100+ new customer logos, contributing 85% of Q1 ARR Given the hugely challenging economic landscape impacting the entire industry, it's great to see the hard work of the entire Bitmovin team paying off. https://okt.to/PutpbY

🌟 We are thrilled to announce we have entered into an agreement to acquire LiveIntent, Inc., a leader in real-time, people-based marketing! 🌟 This acquisition is immediately accretive to earnings and priced at a highly attractive Adjusted EBITDA multiple of ~16x. The power of 1+1 = 4, and here’s why: ✅The Zeta Marketing Platform will strengthen LiveIntent’s identity resolution capabilities to deliver even more highly personalized marketing solutions. ✅Zeta will enter the publisher monetization business by adding LiveIntent’s 2,000+ premium publishers. ✅ LiveIntent will accelerate Zeta’s recently launched mobile and retail media products. ✅We believe our synergies will accelerate LiveIntent’s growth while continuing to increase Zeta’s strong historic organic growth rates. Read our press release for more information and stay tuned for updates as we embark on this exciting new chapter: https://lnkd.in/gQp_VtGW