iWorld
Facebook’s Ajit Mohan & the new world order
KOLKATA: The SARS Cov2 virus has drastically changed consumer behaviour. Facebook India vice-president & managing director, Ajit Mohan believes that digital influence is not just limited to online buying but offline too.
Speaking at IAMAI's Marketing Conclave, Mohan said that digitally influenced purchases have gone up by 15-20 per cent for some of the largest consumer goods categories in India such as apparel, mobile phones, packaged consumer goods that traditionally had offline chains. Citing a study by Nielsen, he said that before the pandemic, digital marketing was one of the most effective ways to drive offline sales for Mondelez’s chocolates in kirana stores.
“The Covid2019 pandemic has crunched a few years of consumer behaviour change into a few months and weeks. Adtech is one sector that has grown during the pandemic,” he added.
As the festive season nears, Mohan predicted that a huge chunk of purchases is likely to happen online. According to him, video and virtual experiences are going to be at the heart of festive buying this year.
He also shared that voice and video calls across all Facebook apps have doubled while live from Facebook page in India has grown three times in June year-on-year. These consumer trends have led to the launch of products like Reels on Instagram and Room on Facebook.
Speaking about the economic impact, Mohan highlighted that the pandemic is just not a public health emergency but also an economic crisis, which has particularly impacted small businesses across the country. Most of them have shut shop, some are working with reduced workforces, while others are experiencing lower sales.
Mohan said that he believes Facebook has an important role to play in the recovery of small businesses and the economy. And a lot of its energy is focused on how it works not just with MSMEs but with the entire ecosystem that helps in rejuvenating the economy
“It’s very clear that the fundamental behaviour of consumers is in a transition mode. And as marketers, I genuinely believe it will be a mistake on our part to look over the next few months in India as growth returns aggressively. It will also be incorrect to replicate marketing models and playbooks that are no longer relevant. The only way forward is to look at models relevant to the world that is coming out of the crisis,” he concluded.
(It maybe recalled that earlier this year, Facebook invested $5.9 billion for a 9.9 per cent stake in Reliance Jio Platforms. It had announced that it planned to work with the company to empower 60 million small businesses, including mom-and-pop stores in India. A little later JioMart, a joint venture between Reliance Jio Platforms and Reliance Retail (India’s largest retail chain), started to allow customers to track shipments through WhatsApp.)
iWorld
JioStar revenue hits Rs 9,784 crore as cricket fuels 22 per cent growth
A surge in digital viewership and sports dominance fuels a blockbuster quarter for the media giant
MUMBAI: JioStar is batting on a flat pitch. The media titan’s fourth-quarter results for the financial year 2026 reveal a business scaling new heights, propelled by an unprecedented appetite for premium sports and digital-first storytelling.
Gross revenue for the quarter soared by 22.15 per cent to Rs 9,784 crore, up from Rs 8,010 crore in the third quarter. Operationally, the momentum was equally strong; revenue from operations climbed 21 per cent to Rs 8,372 crore. These figures underscore the firm’s successful integration following the Reliance and Disney merger, creating a dominant force in the Indian market.
The annual performance has been nothing short of a spectacle. Full-year gross revenue reached a massive Rs 36,248 crore, while annual profit after tax hit Rs 3,210 crore. This rapid expansion reflects JioStar’s ability to capture and monetise the massive growth in India’s media consumption.
Cricket proved to be the ultimate growth engine. The ICC Men’s T20 World Cup 2026 and TATA IPL 2026 delivered “record-breaking viewership” across both television and digital screens. The World Cup final alone drew a global peak concurrency of 72.5 million on JioHotstar, cementing its status as the nation’s premier streaming destination. On television, JioStar maintained a commanding 34.2 per cent viewership share, reaching a staggering 810 million viewers nationwide.
The digital numbers were just as impressive. JioHotstar averaged 500 million monthly active users, driven by consistent subscriber growth and innovative AI-led content discovery tools. These advancements are ensuring that JioStar remains at the cutting edge of the global “Race for Attention.”
With a firm grip on the country’s most valuable sporting rights and a rapidly growing digital footprint, JioStar is perfectly positioned for the future. It has built the ultimate content powerhouse—one that is ready to dominate the Indian living room for years to come.
