socalTECH
NOVEMBER 21, 2019
In one of the biggest acquisitions out of Southern California's technology startup industry in recent years, Los Angeles-based Honey Science Corporation , which develops a savings discovery and price tracking tool, has been acquired by PayPal , in a deal worth approximately $4 billion. Honey was founded in 2012 by George Ruan and Ryan Hudson.
socalTECH
FEBRUARY 18, 2010
in acquisitions, earnout, and holdbacks during 2009, as part of its 2009 fiscal results release. Internet Brands said it had net income of $4.3M The firm's results were helped by increases in consumer Internet advertising revenue and licensing revenues, but hurt by a continuing weakness in its automotive e-commerce efforts.
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socalTECH
JULY 30, 2010
According to Internet Brands, it had net income of $4.6M in net income on revenues of $23.2M decrease in automotive e-commerce revenues, related to continued weakness in demand from automotive dealerships. The total brings the amount spent on acquisitions in the first half of the year to $16.2M in revenues, up from $2.5M
Startup Professionals Musings
NOVEMBER 8, 2021
Under all of these, net income flows easily into your personal income. Of course, that doesn’t dilute the owner’s equity, but it may well limit you to organic growth, versus international rollouts and acquisition options. Income generated is part of the owner’s personal income. Startup funding comes from personal savings and family.
socalTECH
SEPTEMBER 28, 2009
City of Industry-based e-commerce retailer NewEgg has filed for an IPO this morning, saying that it is looking to raise up to $175M. billion and net income of $28.8M Tags: newegg ecommerce retail merger acquisition. The IPO is being underwritten by J.P. The firm said it had sales of $2.1 READ MORE>>.
socalTECH
DECEMBER 12, 2014
If you''re a brand or retailer, needing to get online, there are a lot of things to deal with to run your e-commerce business smoothly--everything from your e-commerce site itself, to taking photos of your products, packing and shipping, to digital marketing. John Tomich: OneStop Internet is an e-commerce services company.
socalTECH
JULY 29, 2009
in automotive e-commerce revenues, one of the firm's major segments. The firm said its net income for the second quarter was $2.5M. for the quarter, mainly due to acquisitions and organic growth on its websites. The firm was hit by a decrease of around $3.5M READ MORE>>.
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