E-commerce companies, the poster children of growth in recent years, are likely to report muted earnings for the quarter ended December 2014 due to high competition and investment expenses, say analysts.
“The number of searches on the Internet has been rising for Just Dial and presents a huge growth opportunity for the organisation,” says Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound Research. He adds the company has done well in India.
In 2015 the company is also getting into e-commerce, and Gogia indicates this would boost the company’s earnings in the future.
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