Digital Intelligence

Entries from Digital Intelligence tagged with "comparison websites"

4 result(s) displayed (1 - 4 of 4)

MoneySavingExpert sold for £87m - Owner makes charity pledge

Financial information website MoneySuperMarket has been sold for £87m, with its high-profile founder Martin Lewis pledging to give a portion of his payout from the deal to charity. The firm is being bought by MoneySupermarket.com which runs an online price comparison service. Martin Lewis will remain as editor-in-chief of MoneySavingExpert, which will retain its editorial independence via an agreed editorial code.

06/06/2012  |  Full story...

Google buys UK comparison site BeatThatQuote

Google has bought UK price comparison site BeatThatQuote.com for £37.7m ($61m), as the search giant looks to boost its presence in the so-called 'vertical search' sector to cover specific areas of interest in more depth.

BeatThatQuote provides comparisons between financial products such as mortgages, insurance and credit cards. The firm described the deal as a "tremendous opportunity for our company to develop new and innovative options for personal finance in the UK." The site also syndicates the comparison content to third party sites which rebrand the data in order to provide their own price comparison service. It's likely this aspect which was of most interest to Google.

08/03/2011

08/03/2011  |  Full story...

Moneysupermarket.com buys rival for £9m

Price comparison service Moneysupermarket.com has acquired rival company Financial Services Net in a £9million deal. The Welsh company will pay an initial £4.6m, rising to up to £9m depending on performance, for the Coventry-based operator of Financialservices.co.uk.

The company said the purchase would allow the firm to expand across the UK and beyond.
Chief executive Peter Plumb told Business Post: “The acquisition of FSN will enable us to further expand our brand offering to new customer segments in the money and insurance business.” Financial Services Net (FSN) was controlled by the Panesar family and the purchase will incur expenses of about £600,000 for Moneysupermarket this year.

18/11/2010

18/11/2010  |  Full story...

MySupermarket gets $7.4m funding boost

UK shopping and comparison website mySupermarket has closed a $7.4m round led by Greylock Partners and Pitango Venture Capital and angel investors. mySupermarket has raised $22 million to date. Greylock and Pitango are both leading venture capital firms, and Greylock’s investments include Facebook, Pandora, Wonga and Linkedin.

In tandem with the fundraising, mySupermarket also announces the appointment of former co-CEO and President of Wix.com, Allon Bloch, as CEO. Allon will be driving the expansion of mySupermarket’s business, as well as focussing on website development for its one million site visitors.

13/10/2010

13/10/2010  |  Full story...

Other tags

Digital Intelligence tag list:

Copyright ©2000-2017 Digital Strategy Consulting Limited | All rights reserved | This material is for your personal use only | Using this site constitutes acceptance of our user agreement and privacy policy