Monster’s Plans For India

India Stock Blog: Monster Worldwide, one of the biggest job sites in the world, reported its Q4 earnings earlier this week, and in the conference call, discussed some interntional and India specific plans (it operates Monsterindia.com):
Andy McKelvey, CEO: “In India, we built on our leadership position and have dramatically grown the resume database business, which is the prime revenue source. And in India we demonstrated strong year-over-year revenue and profit growth, as we continued to build on our market leading share.”
Steve Pogorzelski, President – International Group: “India is a year of growth in investment. It has been a profitable business for us. We think that we can invest more heavily in marketing and sales force investments to take advantage of low wages.”

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