Profile: IAC/InterActivecorp (IACI.OQ)
20 Dec 2013
IAC/InterActiveCorp (IAC), incorporated in July 28, 1986, is a media and Internet company consists of more than 150 brands and products. The Company’s segment includes Search & Applications, Match, Local, Media and other. Its Search & Applications segment consists of Websites, including Ask.com, About.com and Dictionary.com, through which it provides search services and content, and applications, including its direct to consumer downloadable applications business (B2C) and its partnership operations (B2B), as well as its Ask.com and Dictionary.com downloadable applications. Through the brands and businesses within its Match segment, it is a provider of subscription-based and ad-supported online personals services in North America, Europe, Latin America, Australia and Asia. Its Local segment consists of HomeAdvisor and CityGrid Media. Its Media segment consists primarily of Vimeo, Electus, Connected Ventures, News_Beast and DailyBurn. In August 2012, it acquired DateHookup.com.
Search & Applications
The Company’s Websites and Applications businesses provide search services to our users. These search services generally involve the generation and display of a set of hyperlinks to Websites deemed relevant to search queries entered by users. In addition to these algorithmic search results, paid listings are also generally displayed in response to search queries. The Company’s Websites, through which it provides search, content and other services, primarily consist of Ask.com, which provides general search services, as well as question and answer services that provide direct answers to natural-language questions; About.com, which provides detailed information and content written by independent, freelance subject matter experts across hundreds of vertical categories, and Dictionary.com, which provides online dictionary, reference, educational and learning services.
The Company’s business to customer (B2C) applications business develops, markets and distributes a range of downloadable applications that offer users the ability to access search services, as well as engage in a number of other activities online, such as play games, send e-cards, decorate e-mails and web pages and explore select vertical categories. The majority of its B2C applications are toolbars, which consist of a browser search box and related technology (which together enable users to run search queries and otherwise access search services directly from their Web browsers). The Company’s B2B applications business works closely with partners in the software, media and other industries to design and develop customized browser based search applications to be bundled and distributed with these partners' products and services.
The Company markets and distributes a number of downloadable applications, through which it provides search and additional services, including: the Ask.com iPhone, iPad and Android applications, which provide general search and natural-language question and answer services, and the Dictionary.com iPhone, iPad and Android applications, which provide dictionary, reference, educational and learning services.
The Company’s European operations are conducted through an 81% interest in Meetic, S.A. (Meetic). As of December 31, 2012, it collectively provided online personals services to approximately 2.8 million subscribers. In addition, the Company owns a 20% interest in Zhenai, Inc., a provider of online dating and matchmaking services in China. The Company provides online personals services through branded Websites that it owns and operates, including Match.com, Chemistry.com, OurTime.com, BlackPeopleMeet.com and OkCupid.com, and through a range of Meetic-branded Websites in Europe.
HomeAdvisor is a online marketplace for matching consumers with home services professionals in the United States. HomeAdvisor connects consumers, by way of technologies, with home services professionals, all of which are pre-screened and the majority of which are customer-rated. When a consumer submits a request through the HomeAdvisor marketplace, it generally match that consumer with up to four home services professionals from its network based on the type of services desired and the consumer's location. In addition to its matching services, consumers may also access its CostGuide, which provides project cost information for more than 250 project types on a local basis, and its 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.
CityGrid Media is an online media company that owns and operates CityGrid, an advertising network that integrates local content and advertising for distribution to both affiliated and third party publishers across web and mobile platforms, as well as Websites, such as Citysearch.com and Urbanspoon.com, through which consumers can access local merchant information and reviews online. Through CityGrid, it aggregate local business listings, advertising and content, including both editorial and other user-generated content, which it then distribute to publishers across Web and mobile platforms. CityGrid Media owns and operates Citysearch.com, InsiderPages.com and Urbanspoon.com, websites that connect consumers with local businesses by providing consumers with free access to local business profiles, customized messages from local businesses, reviews and user-generated content and related information.
Vimeo is a video hosting platform for creative professionals and consumers, offering video creators the tools required to create, share, distribute and monetize their content online. The Company’s Media segment also includes News_Beast and DailyBurn. News_Beast is an online media company that produces the digital version of Newsweek magazine and operates TheDailyBeast.com, a Website dedicated to news, commentary, culture and entertainment that curates and publishes existing and original online content from its roster of contributors.
The Company’s other segment consists primarily of Shoebuy and Tutor. 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 competes with Google, Yahoo! and Bing.
555 West 18th Street
NEW YORK NY 10011