Thursday, August 8, 2013
Revenue by Geography / IAC Q2 2013
Interesting to read this SEC filing from IAC showing its Revenue by Geography.
At page 10 of pdf document you can read.
NOTE 3—BUSINESS COMBINATIONS
Acquisition of Twoo
On January 4, 2013 , Meetic S.A., a Match subsidiary, purchased all the outstanding shares of Massive Media NV, which operates Twoo, a social discovery website that allows its users to meet new people. The purchase price was USD25.0 million in cash, plus potential additional consideration of up to €83.2 million (or USD109.0 million using the June 30, 2013 exchange rate) that is contingent upon a combination of earnings performance and user growth through December 31, 2015. The fair value of the contingent consideration arrangement at the acquisition date was USD40.8 million .
Please read the article "A Year Of Spam: The Twoo Experience" at TechCrunch
Again "Good" Q2 2013 for IAC Personals, will wait and see Q3, The unexploited Latin American Market remains enormous!
Match Japan, NEW redesign (I seriously doubt the IAC is earning money in Japan.)
The Simpsons, Apple, Facebook, LinkedIn, WordPress, Google, Hotmail, Yahoo, YouTube, Blogger, Wikipedia, Bing, Twitter, Skype are BIG successes in Argentina!!!
I have the theory that if something is successful in Argentina, it could be a success in the World.
If it can NOT be a success here in Argentina, it will definitely NOT be a success in the World.
NO online dating company (for serious daters) has success here in Argentina nor Brazil or other Latin American country.