Rediff.com India Ltd (REDF) Halves Q1 Loss

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Go back to Rediff.com India Ltd (REDF) Halves Q1 Loss

Rediff Reports First Quarter 2016 Results

July 31, 2015 7:38 AM EDT

MUMBAI, India, July 31, 2015 /PRNewswire/ -- Rediff.com India Ltd (NASDAQ: REDF) ("Rediff" or "the Company"), an India-based internet company which delivers digital content and commerce services, announced today financial results for its first quarter ended June 30, 2015.

First Quarter ended June 30, 2015 Highlights

With 16.2 million monthly active users, Rediff achieved a 17% year-over-year growth in Unique users and a 20% reach in the PC based internet market in India, as reported by ComScore Media Metrix in June 2015; Highly engaged user base with average time spent per... More