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Los Angeles-based InternetBrands said Thursday that it has acquired seven consumer websites, as part of an expansion of its health and home vertical markets. InternetBrands' Bob Brisco said the acquired companies all have strong organic traffic, and revenues from a mix of small, medium, and large advertisers.
Los Angeles-based InternetBrands is continuing its strategy of buying up vertical web properties, saying today that it has acquired ExpertHub , which operates a network of websites which connect consumers with attorneys. as well as two shopping web sites. Financial terms of the buys were not disclosed.
Los Angeles-based InternetBrands reported its results Thursday, saying that the firm saw record revenues in Q2. According to InternetBrands, it had net income of $4.6M Revenues were up by 21 percent from the prior year, driven by increases in internet advertising revenues. in revenues, up from $2.5M
Los Angeles-based InternetBrands revealed it spent $24.2M In addition to those details, InternetBrands said it is now seeing a monthly average of 50 million total monthly unique visitors to its collection of web sites, with a total of 56.5 InternetBrands said it had net income of $4.3M
Los Angeles-based InternetBrands said Wednesday it has acquired Tjoos.com , an online coupon web site. InternetBrands said that Tjoos.com would join the firm's shopping vertical. Tjoos had over 1 million unique visitors in February 2010, according to InternetBrands. READ MORE>>.
Los Angeles-based InternetBrands said Monday that it has acquired two web sites aimed at women, Weddingbee.com , and JustMommies.com from Pasadena-based eHarmony. InternetBrands said the buy would bolster its list of women-focused websites. Financial terms of the acquisition were not disclosed.
Los Angeles-based InternetBrands is continuing to buy up small, vertically focused web sites to add to its various consumer focused content networks, saying Wednesday that it has acquired three websites.
Los Angeles-based InternetBrands announced its fourth quarter and fiscal 2008 results, reporting that--despite the recession--the firm saw an increase in its fourth quarter revenues of 8%, or $27.0M versus $24.9M a year ago. It appears that the firm spent around $2.7M READ MORE>>.
Los Angeles-based InternetBrands disclosed Tuesday as part of its earnings report that the firm has purchased two web sites, BensBargains.net, and GrooveJob.com. Financial terms of those buys were not disclosed, however InternetBrands said it spend $10.7M on those web site buys. READ MORE>>
Looking to figure out how much your niche web site is worth? Los Angeles-based InternetBrands reported earlier this week in its quarterly results that it spent $1.6 Tags: internetbrands merger acquisition ecommerce. million for the 5 vertical websites it purchased during the quarter. READ MORE>>.
Los Angeles-based InternetBrands is expanding its network of vertically focused web sites, saying Wednesday that the firm has acquired two new websites in the money and finance area, and has officially targeted "Money and Business" as one of the firm's key vertical markets.
Online women's publishing site SheKnows has bumped into the 50 largest web properties in the U.S., Citing numbers from th ecomScore July 2012 report, the Los Angeles-based site--which is part of AtomicOnline--said it now has nearly 25 million readers. the site said this week.
In the latest makeover of one of the original, Web-based automotive sites, Los Angeles-based CarsDirect has updated its website. CarsDirect is owned by InternetBrands, which recently went private in an acquisition by Hellman & Friedman. READ MORE>>.
Los Angeles-based GumGum , which helps web publishers license celebrity and other photos, has rolled out a new Image Toolbar feature for the firm's service, the firm said today. The toolbar is apparently running on sites such as AskMen.com and a number of InternetBrands properties. READ MORE>>.
However, I saw that the people building traditional products were still not familiar with the social web. There was a real opportunity for me to arbitrage the last decade and a half of my experience in the Internet, and apply that to a products company, and to get some real competitive advantage. Gordon Gould: We have some angels.
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. But, the real investment focus for us in the technology and service capabilities.
To hear about the firm's interest in Los Angeles, and Southern California investments in general, we spoke with Fouad ElNaggar , Principal at the firm, to hear about where the firm is nowadays and what kind of investments it is making locally. We've created over a billion dollars in public market capital created by our investments here.
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