MAM
Likee launches Independence Day campaign for Indians across the globe
MUMBAI: Likee, the pioneering global short video creation platform from Singapore based BIGO Technologylaunches 'No matter where I am, #IAMINDIAN' to resonate the patriotic sentiments surrounding the upcoming occasion of India's Independence Day. The campaign will see Indian users creating high energy videos/duet videos while waving Indian Flag. Likee has also introduced new effects and stickers that users can add to their videos. With this campaign, Likee expects to hit The Guinness World Record with the most number of people waving flags virtually to express their love for the country. Likee has looped in India's international sports sensation Ms. Hima Das to launch the campaign.
Campaign link: https://mobile.likee.video/live/act-14328/?upload=1&from=457
On the special campaign around the Indian Independence Day on Likee, Mr. Aaron WEI, Vice President, BIGO Technology says "The level of enthusiasm and creativity of Indian youth in the past campaigns organized by Likee was beyond any measure. Our I-Day celebration campaign is yet another campaign where we expect high level of engagement and we aim to hit a Guinness World Record with this particular campaign. Considering the expected notable impact of our special campaign, it is not an ambitious target." He further added, "It is a huge campaign for us with all our Indian users as our brand ambassadors."
In June 2019, BIGO Technology rebranded LIKE to Likee encouraging its users to be more of who they are and to go extra with what they are capable of doing. In line with their core brand vision, Likee is organizing the special Independence Day campaign to enable Indian youth to go beyond textual celebration and re-sharing of ad campaigns resonation the patriotic sentiments of Indians. The platform is encouraging youth to utilize their creativity, patriotic energy and Likee's special effects to create powerful videos that have the potential to hit the right cords among Indians and might go viral. One can make impactful videos on their own or with their friends or with influencers.
So far, all the brands present in India have been creating buzz on social media with their unique Independence Day videos or ad campaigns grabbing national as well as global attention. But for the first time, a video social media platform is launching a campaign in collaboration with its users to celebrate Independence Day and hence making the occasion special for EVERYONE! Likee has recently completed its two-year journey in India and celebrated the milestone along with its users in India. The Indian landscape is an important market for Likee and the app is also dotingly used by millions of youth as well as popular celebrities.
Likee is a simple to use short video creating & sharing app launched in 2017 in India. The app is available in different Indianlanguages (Hindi, Tamil, Marathi, Telugu, Gujarati, Bengali, Kannada, Malayalam, Punjabi, etc). Likee's constant endeavour is to innovate, both technologically and user engagement wise, to make the platform more valuable for the Indian youth.
Brands
Kwality Wall’s reports standalone losses following strategic HUL demerger
Ice cream major faces Rs 64 crore Ebitda loss amid commodity inflation and muted Q3 sales
MUMBAI: Kwality Wall’s (India) Limited (KWIL) has released its first set of financial results as a standalone entity, revealing a challenging start to its independent journey. Following its successful demerger from Hindustan Unilever Limited (HUL) on 1st December 2025 and its subsequent listing on 16th February 2026, the company is navigating a transition period marked by structural changes and high input costs.
For the quarter ended 31st December 2025, the company reported revenue of Rs 222 crores. Despite the revenue base, the bottom line was impacted by several factors, resulting in an Ebitda loss of Rs 64.2 crores. When calculated on a Pre-IND AS 116 basis, the Ebitda loss stood at Rs 83.8 crores.
Organic Sales Growth (OSG) declined by 6.5 per cent year-on-year during the quarter. Volume growth, however, saw a marginal increase of 1.2 per cent. The company reported a gross margin of 41.5 per cent. Additionally, exceptional expenses amounting to Rs 94 crores were recorded, primarily linked to non-recurring costs during the transition phase.
Performance across portfolios and channels was mixed. Within the impulse portfolio, brands such as Magnum and Cornetto recorded mid-single digit volume growth, indicating steady demand in on-the-go consumption. However, the in-home portfolio, which includes take-home packs, experienced muted consumption. The company is planning a relaunch of this category with improved offerings ahead of the 2026 season.
Quick commerce (Q-Com) continued to emerge as a strong growth driver, delivering robust double-digit growth during the quarter. Meanwhile, the company also expanded its physical distribution network by increasing the number of company-owned cabinets across markets.
Margin pressure during the quarter was driven by a combination of one-off factors and broader cost inflation. Gross margins were impacted by around 600 basis points due to trade investments made for stock liquidation. Additionally, cocoa price inflation contributed to another 400 basis points of pressure on margins.
Deputy managing director Chitrank Goel attributed the muted performance partly to prolonged monsoons and transitional challenges linked to the GST framework. Operating expenses also increased as the company invested in establishing its standalone supply chain, operational systems and corporate infrastructure following the demerger.
Looking ahead, the management remains focused on a volume-driven growth strategy. To restore profitability, the company has initiated a cost productivity programme aimed at reducing non-consumer-facing costs. It is also working on building regional manufacturing networks to optimise logistics expenses and improve operational efficiency.
The commodity outlook for the near term remains mixed. Dairy prices are expected to remain firm due to tight supply conditions and rising fodder costs. Sugar prices may also move higher following increases in the Minimum Selling Price (MSP). While cocoa prices have moderated recently, currency depreciation has offset some of the potential cost relief for the company.
