Profile: Liberty Interactive Corp (LINTA.O)
6 Dec 2013
Liberty Interactive Corporation, incorporated on February 28, 2006, owns interests in subsidiaries and other companies which are primarily engaged in the video and on-line commerce industries. The Company through its subsidiaries and affiliates operates in North America, Europe and Asia. As of December 20, 2012, the Liberty Interactive Group consisted of Liberty Interactive Corporation’s subsidiaries Backcountry.com, Bodybuilding.com, Celebrate Interactive, including Evite, gifts.com and Liberty Advertising, CommerceHub, MotoSport, Provide Commerce, QVC, Right Start, and Liberty Interactive Corporation’s interests in HSN and Lockerz. As of December 20, 2012, the Liberty Ventures Group consisted of the Company’s non-consolidated assets, including interests in AOL, Expedia, Interval Leisure Group, Time Warner, Time Warner Cable, Tree.com (Lending Tree), TripAdvisor and various green energy investments. In November 2013, the Company announced that its Provide Commerce, Inc has purchased mobile gifting startup Sincerely, Inc.
QVC, Inc. (QVC), a wholly-owned subsidiary, markets and sells a wide variety of consumer products primarily through live televised shopping programs distributed to approximately 214 million worldwide households each day and via its websites and other interactive media, including QVC.com. The name, QVC, stands for Quality, Value and Convenience, which is what QVC strives to deliver to its customers. QVC-U.S.'s televised shopping programs reached approximately 115 million television households outside of the United States, primarily in Japan, Germany, the United Kingdom and Italy. QVC distributes its television programs, via satellite or optical fiber, to television distributors for retransmission to subscribers in the U.S, Japan, Germany, the United Kingdom, Italy and neighboring countries that receive its programming signals.
TripAdvisor is an online travel company, empowering users to plan and maximize their travel experience. Its travel research platform aggregates reviews and opinions from its community of travelers about destinations, accommodations (including hotels, resorts, motels, bed and breakfasts, or B&Bs, specialty lodging and vacation rentals), restaurants and activities throughout the world through its flagship TripAdvisor brand.
Provide Commerce, Inc., a wholly-owned subsidiary of the Company, operates an e-commerce marketplace of websites that offers perishable products direct from suppliers to consumers. In addition to its perishable products, Provide Commerce sells a wide range of and personalized gifts through its RedEnvelope and Personal Creations brands. Provide Commerce combines an online storefront, supply chain management technology, established supplier relationships and integrated logistical relationships with FedEx Corporation and United Parcel Service, Inc. to create a market platform that bypasses traditional supply chains of wholesalers, distributors and retailers. Provide Commerce derives its revenue from the sale of flowers and plants on its proflowers.com and proplants.com websites and from the sale of gourmet foods from its branded websites: Cherry Moon Farms, for fresh premium fruits; Shari's Berries, for chocolate-dipped berries and related gifting products; and from the sale of gifts on RedEnvelope and Personal Creations.
Backcountry's primary site, Backcountry.com, offers over 800 brands and over 30,000 styles of gear and clothing for backpacking, camping, trail running, skiing, rock climbing, kayaking and other outdoor sports. Backcountry's snowboarding-specific site, DogFunk.com, sells technical and lifestyle apparel and gear from established brands and niche manufacturers. CompetitiveCyclist.com and RealCyclist.com sell mountain bikes and road bikes, at retail prices. Backcountry's online outlet store, DepartmentOfGoods.com, sells discounted clothing and gear from past seasons. Backcountry's one-deal-at-a-time (ODAT) sites, SteepandCheap.com, WhiskeyMilitia.com, and Chainlove.com, feature a limited quantity of one discounted item at a time until such item sells out or times out, at which time it is immediately replaced with a new item. SteepandCheap.com serves backcountry adventurers and outdoor enthusiasts. WhiskeyMilitia.com appeals to skateboarders, surfers, snowboarders and wakeboarders. Chainlove.com is an ODAT site for discounted road bike, mountain bike, and triathlon markets.
Bodybuilding.com is an Internet retailer of sports, fitness, and nutritional supplements. It also hosts an online health-and-fitness publication, offering free fitness content, workout programs, video trainers, recipes, health advice, and motivational stories. The online e-retail model combines detailed product information and real-time user reviews on more than 15,000 health-and-fitness supplements and accessories to help the consumer achieve their health, fitness, and appearance goals. Beyond the e-retail model, Bodybuilding.com is a site that provides the technology and the tools needed for personal training, nutrition, supplement and support groups.
CommerceHub, a wholly owned subsidiary, is a drop ship solution for online retailers that would like to expand their product offering but may not have the capacity for warehousing and fulfillment of products. CommerceHub is a one stop solution for both sides of the transaction and allows each of the systems, at the vendor and retailer, to seamlessly share information. Additionally CommerceHub offers BuySpace, a social marketplace that brings buyers and sellers together to find one another, establish business relationships and manage ongoing operations.
The Company competes with Amazon,1-800-FLOWERS, floral wire services , FTD and Teleflora.
Liberty Interactive Corp
12300 Liberty Boulevard
ENGLEWOOD CO 80112