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.

Southern California 133

Southern California Commerce Acquisition .Net 133

socalTECH

JULY 30, 2010

Los Angeles-based Internet Brands reported its results Thursday, saying that the firm saw record revenues in Q2. 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.

Internet Brands 160

Internet Brands .Net Acquisition Web 160

socalTECH

JULY 29, 2009

Los Angeles-based Internet Brands reported its quarterly results Wednesday afternoon, reporting that it saw 50 million monthly unique visitors to the firm's websites in June, up 35 percent from 37 million uniques in June of last year. in automotive e-commerce revenues, one of the firm's major segments. READ MORE>>.

Internet Brands 100

Internet Brands .Net Commerce Report 100

Both Sides of the Table

OCTOBER 8, 2014

This method was perfected by Gil Elbaz and his team at Applied Semantics in LA and in what some have called “ the most important acquisition ever made by Google ” they acquired the company for $102 million before Google had even IPO’d. Commerce: What is less known is just how important LA is as a commerce hub.

Entrepreneur 376

Entrepreneur Snapchat Startup Google 376