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Stock Market: Confident that Vaibhav Global will deliver guidance of 16-18% CC growth this year: Group CFO

Stock Market: Confident that Vaibhav Global will deliver guidance of 16-18% CC growth this year: Group CFO
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One for One Program Becomes Your Purchase Feeds Crossed 50 Million Meals - and Counting...

One for One Program Becomes Your Purchase Feeds Crossed 50 Million Meals - and Counting...
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Q4 earnings: Vaibhav Global moving in line with revenue guidance in Q4: Vineet Ganeriwala

Explore Now “We did about $4 million in revenue terms with all these marketplaces last year and this year we expect to close at around $14 million by the end of February. So, it is a phenomenal success, ” says Vaibhav Global. We are in Q4. How has the momentum been and have you seen any tapering post festive season? We continue to see the elevated growth in Q4 like we had in earlier quarters. So, there is no tempering of growth anywhere. All the platforms continue to grow the way they were growing in the last nine quarters. We continue to see sustained TV viewership and increased web traffic. So, we are very happy with the way we are moving in Q4 and it is in line with our revenue guidance as well.

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Seeing elevated level of growth even in Q4: Vaibhav Global Group CFO

Seeing elevated level of growth even in Q4: Vaibhav Global Group CFO
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Value positioning works in all economic cycles: Vaibhav Global CFO

Updated Dec 28, 2020 | 21:11 IST Value positioning works in all kinds of economic cycles, said Vaibhav Global CFO Vineet Ganeriwala. Screengrab  ET Now caught up with the Group CFO of Vaibhav Global, Vineet Ganeriwala, to talk about the festive season trends and to understand what helped the company stay strong even during the pandemic.  Ganeriwala told us that retails were up 3-5% YoY during the festive season (till Christmas), and that the overall momentum continues to stay as strong as before. The e-tailer gets 30% annual business during the third quarter (festive season in the US & the UK), and reiterated that this year was no different. Ganeriwala said during previous election periods, they saw eyeballs moving to political coverage, softening the festive period momentum. But this year, the demand remained strong despite the election season. 

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