Profile: IAC/InterActiveCorp (IACI.OQ)
IAC/InterActiveCorp (IAC), incorporated on July 28, 1986, is a media and Internet company. The Company's brands and products include HomeAdvisor, Vimeo, About.com, Dictionary.com, The Daily Beast, Investopedia, and Match Group's online dating portfolio, which includes Match, OkCupid, Tinder and PlentyOfFish. The Company operates through six segments: Match Group, HomeAdvisor, Publishing, Applications, Video and Other.
The Company's Match Group segment includes the dating and non-dating businesses of Match Group, Inc. Through Match Group, it operates a dating business that consists of a portfolio with over 45 brands, available in over 40 languages, and offered in over 190 countries, including the brands: Match, OkCupid, PlentyOfFish, Tinder, Meetic, Twoo, OurTime, BlackPeopleMeet and FriendScout24. It operates a North America dating business, which includes Match, Chemistry, People Media, PlentyOfFish, OkCupid, Tinder and other dating businesses operating within the United States and Canada, and an International dating business, which includes Meetic, the international operations of PlentyOfFish and Tinder and all other dating businesses operating outside of the United States and Canada. Each of them also offers additional features, some of which are free, and some of which require payment depending on the particular product. In addition to paid memberships, many of its dating products, such as Match, Meetic and OkCupid, offer users the ability to promote themselves for a given period of time, or to review certain profiles without any signaling to other members, and these features are offered on a pay-per-use basis.
The HomeAdvisor is a nationwide home services digital marketplace that helps connect consumers with home professionals in the United States, as well as in France and the Netherlands under various brands. HomeAdvisor's domestic network of home services professionals consisted of approximately 102,000 paying service professionals in the United States providing services in over 500 categories ranging from home repairs to home remodeling projects. HomeAdvisor generated over 9.8 million domestic service requests from homeowners. HomeAdvisor also operates Felix, a pay-per-call advertising service, and mHelpDesk, which is a provider of cloud-based field service software for small to mid-size businesses. HomeAdvisor's two on-demand services to complement its matching services include Instant Booking and Instant Connect (patent-pending). Through Instant Booking, consumers can schedule appointments for select home tasks on-demand with a pre-screened home professional instantly across its platforms (Website or mobile application), and through Instant Connect, consumers can connect with a home service professional instantly via phone. In addition to matching and on-demand services, consumers can access its free, online CostGuide, which provides project cost information for approximately 250 project types on a local basis, as well as an online library of service-related resources, which primarily includes articles about home improvement, repair and maintenance, tools to assist consumers with the research, planning and management of their projects and general advice for working with home services professionals.
The Company Publishing segment consists of Premium Brands business, which includes About.com, Dictionary.com, Investopedia and The Daily Beast, and Ask & Other business, which includes Ask.com, CityGrid, ASKfm and a labs division focused on the portfolio of Websites within the Publishing segment and incubating new digital publishing sites in emerging verticals. Its Publishing businesses publish digital content and/or provide search services to users. About.com provides detailed information and content written by independent, freelance subject matter experts across hundreds of vertical categories. Dictionary.com provides online and mobile dictionary, thesaurus and reference services. Its Investopedia is a resource for investment and personal finance education and information, and The Daily Beast, a Website for news, commentary, culture and entertainment that curates and publishes existing and original online content from its own roster of contributors in the United States.
The Company's Ask.com provides general search services, as well as question and answer services that provide direct answers to natural-language questions. Its CityGrid is an advertising network that integrates local content and advertising for distribution to affiliated and third party publishers across Web and mobile platforms. Its ASKfm is a questions and answers social network, and its labs division is focused on the portfolio of Websites and incubating new digital publishing sites in emerging verticals.
The Company's Applications segment consists of Consumer, which includes its direct-to-consumer downloadable desktop applications, including SlimWare, and Apalon, which includes its mobile applications, and Partnerships, which includes its business-to-business partnership operations. Through its Consumer business, the Company develops, markets and distributes various utility applications, or downloadable desktop applications that offer users the ability to access search services, as well as engage in a number of other activities online.
The Company's applications include MapsGalaxy, through which users can access accurate street maps, local traffic conditions and aerial and satellite street views; FromDoctoPDF, through which users can convert documents from one format into various others and share them across various platforms; TelevisionFanatic, through which users can access and stream free television episodes online for free, and Gaming Wonderland, through which users can access classic arcade, sports and action and other casual games directly from their Web browsers. Its SlimWare is a provider of community-powered software and services that clean, repair, update and optimize personal computers, and Apalon is a mobile development company, which offers a portfolio of mobile applications around the world.
The Company's Video segment consists of Vimeo and DailyBurn, as well as Electus, IAC Films, CollegeHumor and Notional. Its Vimeo operates a global video sharing platform for creators and their audiences. Through Vimeo, it offers video creators simple, professional grade tools to share, distribute and monetize content online, and provide viewers with a clutter-free environment to watch content across various Internet-enabled devices, including mobile devices and connected television platforms. It also offers premium services through subscription products, which provide paying subscribers with various levels of premium features, including additional video storage space, advanced video privacy controls, video player customization options, premium support and the ability to sell videos.
The Company's DailyBurn is a health and fitness property that provides streaming fitness and workout videos across various platforms, including iOS, Android, Xbox and other Internet-enabled television platforms. Its Electus provide production and producer services for both unscripted and scripted television, feature film and digital content, primarily for initial sale and distribution in the United States. Its content is distributed on a range of platforms, including broadcast television, premium and basic cable television, subscription-based and ad-supported video-on-demand services and through theatrical releases and other outlets.
The Company's Other segment consists of ShoeBuy and PriceRunner. Its ShoeBuy is an Internet retailer of footwear and related apparel and accessories. ShoeBuy generally passes purchases made by customers through its various Websites on to the relevant vendors for fulfillment and shipping. The Company markets ShoeBuy to consumers primarily through search engine marketing, affiliate agreements and comparison shopping engines. Its PriceRunner is a shopping comparison Website based primarily in Denmark and Sweden.
The Company competes with eHarmony, Spark Networks, Zoosk, Parship, ElitePartner, e-Darling, Badoo, Google, Yahoo! and Bing.
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