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< Back Q-commerce faces rising performance marketing costs, declining margins 10 Feb 2025 Advertisers pay based on the number of clicks, leads, and app installs in performance marketing. Quick commerce platforms that spent up to ₹450 per customer acquisition are now spending over ₹800. They are pushing their standalone quick commerce apps. In January, Swiggy launched a separate Instamart app. In December 2024, Zepto separated its 10-minute food delivery service, Café, from the main app. Zepto Café has seen a 50% monthly growth, with 75,000 orders daily. These companies spend heavily on digital ads, freebies for new users, geographical expansion, and opening and maintaining dark stores. While Monthly Transacting Users (MTUs) steadily grow, the order frequencies and average order value (AOV) drive revenues. Blinkit almost doubled its MTUs to 10.6 million in the October-December 2024 quarter, and last month, it posted an EBITDA loss of ₹109 crore. Aap Ka Bazar, a new regional q-commerce startup, launched four stores in Dwarka, Delhi. It offers offline retail, q-commerce, and an online platform, offering deliveries across 80 pin codes in NCR. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp, LinkedIn, Facebook, X, and Instagram. Previous Next

Leur alliance créera la troisième plus grande entreprise automobile mondiale après Toyota et Volkswagen. < Back Honda et Nissan prévoient de fusionner d’ici 2026 Leur alliance créera la troisième plus grande entreprise automobile mondiale après Toyota et Volkswagen. D’ici la fin de l’année 2025, Honda et Nissan prévoient de conclure leurs négociations de fusion et de créer une nouvelle société d’ici août 2026. Ils prévoient un chiffre d’affaires combiné de 191 milliards de dollars et un bénéfice d’exploitation de plus de 19 milliards de dollars. Le groupe Mitsubishi a été invité à participer aux négociations et soumettre sa réponse d’ici janvier 2025. La nouvelle société formée par ces trois entreprises pourrait valoir 50 milliards de dollars. Nissan est en crise depuis que son ancien président Carlos Ghosn a renoncé à sa caution au Japon et s’est réfugié au Liban en 2019. Il a été s’accusé de mauvaise conduite financière. Nissan prévoit une réduction de 20 % de sa capacite de production mondiale et 9 000 licenciements en raison de la baisse des ventes en Chine et aux États-Unis. Honda connait également une baisse de ses ventes en Chine. Ne manquez pas un autre post de SalestorrsNouvelles150. Suivez Salestorrs sur WhatsApp, LinkedIn, Facebook, X, and Instagram. Previous Next

< Back Alpha Wave makes more than $1bn binding offer to buy stake in Haldiram’s 10 Dec 2024 Alpha Wave Global, earlier known as Flacon Edge, is a Tiger Global subsidiary. Haldiram’s Snacks Food is selling 15-20% of stake in the Indian snacking giant and suitors are queuing up. One interested group is led by Bain Capital, partnered by Temasek, and the other is led by Blackstone, Singaporean GIC, and Abu Dhabi Investment Authority (ADIA). With the stake sale, Haldiram’s promoter group is hoping to receive the public market premium of ₹93,500 crore ($11 billion), while the family is vying to get at least a $10 billion valuation from the investors. With Blackstone and Bain leading the initial talks, the company would have had to sell off up to 76% of its stake. The company is now considering selling a minority stake in the combined operations of their Nagpur and Delhi factions. After the deal, Delhi will hold a 56% stake while Nagpur will have 44%. Alpha Wave invests mostly in consumer technology ventures like LensKart, Chaayos, CRED, Cars24, and Dream11. Previous Next

< Back Tata Consumer Products to acquire 75% stake in Capital Foods 12 Jan 2024 Capital Foods owns Ching’s Secret, FabIndia-backed Organic India, and Smith & Jones brands. Tata Consumer Products had been in negotiation rounds with Capital Foods for months. The talks seem to have come to a close as the conglomerate plans to acquire a 75% stake in Capital Foods for ₹5,100 crore. The existing investors, the European firm Invus Group and the American Private Equity group General Atlantic, will divest their 40% and 35% shares, respectively. Capital Foods Founder-Chairman Ajay Gupta will retain his 25% stake for now. Although Tata may buy him out in the future. Tata Consumer is also acquiring a 40% stake in Organic India, the tea and herbal supplements brand, for ₹1,800 crore. Tata Consumer owns brands like Soulfull, Himalayan Water, Tata Tea and Salt, and Tata Starbucks' joint venture. The move is expected to help Tata compete with Nestle’s market-leading brand Maggi and other players like Wai Wai, Top Ramen, and Patanjali noodles. Previous Next

< Back Apple records highest-ever sales in India in the March 2024 quarter 7 May 2024 Its two company-owned outlets in India generated revenue of up to ₹210 crore each in FY2024, becoming Apple’s top-performing retail outlets worldwide. Driven by increasing sales of Pro models, Apple recorded approximately $2 billion in sales in the quarter ending March 2024. It had recorded roughly $6 billion in sales in FY2023. Globally, Apple recorded $90.75 billion in revenue in the quarter ending March 2024, compared to $94.8 billion in the same period in FY2023. Its iPhone sales dropped by 8% annually, mainly due to a decline in sales in the Greater China region, which includes Mainland China, Hong Kong, Taiwan, and Singapore, as well as tough competition from Huawei. However, Apple set a half-yearly revenue record in India and more emerging markets like Latin America, the Phillippines, Turkey, the Middle East, and Indonesia. One of the main factors contributing to its revenue growth in India is operational expansion and local manufacturing. Apple India generates almost 95% of its revenue from product sales and the rest from maintenance and services. Previous Next

< Back One Nation, One Subscription: India’s centralised library 3 Dec 2024 It will be a one-stop online library offering academic institutions centralised access to global research publications. The Union Cabinet passed a bill last week charting the way to introduce ‘One Nation, One Subscription’ (ONOS) – a JSTOR-like online library. JSTOR is an American digital library of academic resources, including books and journals. This step will streamline the availability of educational resources for students and professors in public sector institutions. The Information and Library Network (INFLIBNET), the University Grants Commission’s (UGC) autonomous inter-university centre, will manage and coordinate national subscriptions. It will offer access to around 13,000 e-journals from 30 major global publishers. ₹6,000 crore have been allocated for this scheme for the next three calendar years, 2025-27. The Department of Higher Education will launch a centralised portal offering access to the digital library. The scheme aims to reach 1.8 crore students, professors, and researchers of over 6,300 higher education institutions and R&D institutions under the central and state governments across India. Previous Next

< Back Tessolve buys German Dream Chip as Hero plans to sell its 30% stake 8 Nov 2024 Tessolve is a Bengaluru-based semiconductor design company owned by Hero Electronix. Hero's semiconductor design venture, Tessolve, acquired German Dream Chip Technology for ₹400 crores in an all-cash deal. Dream Chip will continue to operate normally as a different brand. Tessolve will add four delivery sites across Germany and the Netherlands, including a specialised Advanced Driver Assistance Systems, to expand its European operations. A 20-year-old company, Tessolve offers end-to-end semiconductor design, testing, and production solutions to 80% of the world’s 20 biggest semiconductor firms. Hero Electronix acquired Tessolve in 2016 from Manickam. It expects to generate up to ₹1,260 crore with a 25-30% stake sale. On the other hand, American test and measurement equipment maker Viavi is planning to invest in semiconductors and data centres in India. Viavi is integrating AI and ML into its products before the 6th generation technology development and getting into silicon photonics and chip testing. It already runs multiple offices in Gurugram, Bengaluru, Mumbai, and Chennai. Previous Next

< Back Mamaearth goes global, to launch IPO soon Ishita Nigam 18 Oct 2023 The personal care brand received SEBI nod for IPO. It also plans to expand to Thailand, Vietnam, Malaysia, and Bangladesh. Big plans in the offing for personal care brand Mamaearth that plans to expand to more international markets in Thailand, Vietnam, Malaysia, and Bangladesh through channel partners. It is already present in the UAE, Singapore, Mauritius, Maldives, and Nepal through ecommerce marketplaces, modern trade, and own website. It's presence in the UAE helps cater to the markets in West Asia and North Africa. Its parent company, Honasa consumer also owns The Derma Co, that crossed ₹350 crores in annual revenue in the quarter ending June 2023. Mamaearth also received SEBI nod to launch its IPO. It is doing roadshows and meeting investors to weigh interest in its public offering. It was last valued at $1.2 billion after raising $52 million in January 2022. It now plans to issue fresh shares worth ₹400 crores and an Offer For Sale component for 46.82 million shares. Previous Next

< Back UAE to build world’s biggest AI campus outside of the US 19 May 2025 As a part of the US-UAE agreement signed during President Trump’s visit, the UAE will build the largest AI campus in the world. Government-backed firm G42 will build an AI campus in Abu Dhabi, with support from several American companies, like OpenAI. The campus will span 10 square miles with a 5-gigawatt power capacity that can support up to 2.5 million Nvidia B200 chips. The agreement will allow the UAE to import 500,000 of Nvidia’s most advanced chips, which will be used to power the AI campus. The agreement opens the doors for Microsoft and Oracle to establish data centres in the UAE. G42 had several investments in Chinese companies, including ByteDance (the parent company of TikTok) and Huawei. After the US expressed concerns, G42 divested from all. A 100% subsidiary of Kaynes Technology India, Kaynes Semicon has opened its chip design centre in Oman, in collaboration with and fully funded by the Omani government. It’s a very large-scale integration (VLSI) design centre that will work on front-end and back-end chip design processes. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Emergency mock drill on May 7th 6 May 2025 This is the first mock drill after 1971, when India and Pakistan last went to war. 244 districts across Haryana, Uttar Pradesh, Rajasthan, Gujarat, Jammu and Kashmir, Bihar, Assam, Odisha, Jharkhand, Arunachal Pradesh, West Bengal, Madhya Pradesh, Maharashtra, Goa, Kerala, Karnataka, Manipur, and Meghalaya will undergo the mock drill on May 7th. It will include air-raid siren activation to alert people in case of aerial threats, blackouts to mimic wartime stealth procedures, cleaning and inspection of underground bunkers, operationalising communication with the Indian Air Force, camouflaging critical installations like power plants, training civilians in first aid, firefighting, emergency shelter use, evacuation rehearsals for civilians, simulating backup command centres. The Ministry of Home Affairs (MHA) is supervising the nationwide drill. It is part of civil defence efforts under the Civil Defence Rules, 1968. The MHA instructed district authorities for coordination, home guards, and civil defence wardens for ground operations, and NCC, NSS volunteers, members of Nehru Yuva Kendra Sangathan, and students to raise awareness and support. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Indian pizza market to grow to $11.8 billion by 2033 23 May 2025 The global market is projected to grow at a CAGR of 6.8% to USD 70.1 billion between 2025 and 2029. As India's fourth most popular food, 20% of pizzas are sold below ₹300, 35% between ₹100-200, and 17% under ₹100. The Indian pizza market was valued at USD 5.3 billion in 2024 and is growing at a CAGR of 9.24% compared to the global average of 6.8%, an IMARC report mentioned. Market leader in India, Jubilant Foodworks (Domino’s), recently reported double-digit revenue growth for two consecutive quarters, and may have hit the ceiling. As of December 2024, Domino's operates 2,170 stores across India, compared to Devyani International’s (Pizza Hut) 644, ET reported. 73% of Domino’s sales come from online deliveries. Joining the race are Ovenstory, La Pinoz, and Papa John’s, which is up to 15% more expensive globally, but may introduce pizzas for less than ₹150 in India. Premium pizza brands are also lining up, proving that operating on a smaller scale can also be profitable. Never miss another post from SalestorrsNews150. Follow Salestorrs on WhatsApp , LinkedIn , Facebook , X , and Instagram . Previous Next

< Back Five semiconductor facilities get ISM nod, Applied Materials to set up R&D 16 Sept 2024 The world’s second-biggest equipment manufacturer for semiconductor fabrication units, Applied Materials Inc., is ready to invest $400 million in India. India Semiconductor Mission (ISM) approved five semiconductor units. Meanwhile, Applied Materials Inc. is spearheading talks with many domestic and global suppliers to establish an R&D unit in the country. Of the five approved units, Micron Technology is establishing a facility in Sanand, Gujarat, and will roll out the first chip in 2025. Tata Electronics is developing the second facility in Dholera, Gujarat, in association with Taiwanese Powerchip Semiconduction Manufacturing Corp. Tata Semiconductor Assembly and Test (TSAT) will develop a facility in Morigaon, Assam, with a capacity of 48 million chips a day. CG Power, Japan’s Renesas Electronics Corp, and Thailand’s Stars Microelectronics will together establish a facility in Sanand to produce 15 million chips daily. Mysuru-based Kaynes Semicon will build a facility in Sanand with a capacity of 63 lakh chips daily. ISM is Digital India Corporation’s independent Business Division focusing on boosting the Indian semiconductor manufacturing industry. Previous Next