Companies

Info Edge's Key Apps Naukri, Shiksha, 99acres Off Google Play Store

Published March 3, 2024

In a recent development, Info Edge (India) Ltd, the company behind popular online platforms such as Naukri.com, Shiksha.com, and 99acres.com, has seen its primary applications unceremoniously removed from the Google Play Store. This move has caused significant disruption for the company known for its online classifieds and employment services. The reason behind the sudden delisting of these major apps has yet to be clarified publicly, leaving users and investors seeking answers.

Impact on Info Edge's Services

The removal of these apps not only affects potential and current users who rely on these portals for job hunting, educational information, and real estate listings but also casts a shadow on Info Edge's business model, which largely operates in the digital sphere. In today's tech-driven world, app presence in popular app stores is crucial for the success of such services. Thus, the current situation might have direct consequences on the company's user engagement metrics and overall revenue streams.

Market Response and Stock Performance

News of the delisting could potentially influence market sentiment around Info Edge's stock, prompting investors to pay close attention to any updates or official statements from both Info Edge and Google, owned by Alphabet Inc. GOOG. Alphabet Inc., a notable entity in the tech industry, manages the Google Play Store and is recognized for its strict policies regarding app content and functionality. A failure to adhere to these guidelines can result in app suspension or removal, impacting developers across various sectors.

It is essential for stakeholders to monitor how Info Edge navigates this situation with Google to predict future stock performance and the possible long-term effects on the company's standing in the market.

InfoEdge, GooglePlay, Naukri