Inuvo Plans Expansion Into a New Facility

CONWAY, AR--(Marketwired - Apr 9, 2015) - Inuvo, Inc. (NYSE MKT: INUV), a digital publishing and advertising technology company, today announced that the expansion in both its digital publishing and ad-tech business segments over the last year has caused the Company to outgrow its current office. As a result, Inuvo has signed a five-year lease for office space in Little Rock, Arkansas that will effectively double its current office space to nearly 13,000 sf. The company will be relocating the majority of its 53 employees to a new facility at 500 President Clinton Ave. in Little Rock, Arkansas. The Company expects to move into the new facility later this year.

Published: 09 April 2015
Written by Editor
AMEX   Up on News   Project Update  
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AirMedia Sells 5% Equity Interest of its Advertising Business for RMB150 million

BEIJING, April 7, 2015 -- AirMedia Group Inc. ("AirMedia" or the "Company") (AMCN), a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers, today announced that Beijing Shengshi Lianhe Advertising Co., Ltd., a variable interest entity in China, which it currently controls through contractual arrangements (the "VIE structure"), has entered into a share transfer agreement to sell 5% equity interest of AirMedia Group Co., Ltd. ("AM Advertising") to Shenzhen Liantronics Co., Ltd, a company listed on the Shenzhen Stock Exchange  (Shenzhen Stock Exchange Code: 300269) for a consideration of RMB 150 million in cash (the "Transaction"), which reflected the total valuation of AM Advertising of RMB3 billion.

The payment of the Transaction is expected to be completed within 10 working days of the completion of the share transfer.

Published: 08 April 2015
Written by Editor
Nasdaq   Up on News   Financing  
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GoDaddy Announces Pricing of Initial Public Offering

SCOTTSDALE, Ariz., March 31, 2015 -- GoDaddy Inc. (GDDY), the world's largest technology provider dedicated to small businesses, announced today the pricing of its initial public offering of 23,000,000 shares of its Class A common stock at a price to the public of $20.00 per share. This includes 2,500,000 shares of Class A common stock that are being purchased at the initial public offering price by certain entities affiliated with the principal beneficial holders of its Class A common stock.  All of the shares are being offered by GoDaddy.  In addition, GoDaddy has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares of Class A common stock to cover over-allotments, if any.  The shares of Class A common stock are expected to begin trading on the New York Stock Exchange on April 1, 2015, under the symbol "GDDY."

Published: 01 April 2015
Written by Editor
NYSE   Up on News   New Listing  
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Ctrip Reports Unaudited Fourth Quarter and Full Year 2014 Financial Results

SHANGHAI, March 19, 2015 -- Ctrip.com International, Ltd. (CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China ("Ctrip" or the "Company"), today announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2014.

Highlights for the Fourth Quarter of 2014

Autobytel Reports Fourth Quarter and Full Year 2014 Results

26% Increase in Q4 Revenues Drives 107% Increase in Non-GAAP Income to $2.5 Million or $0.23 Per Diluted Share

IRVINE, Calif., Feb. 26, 2015 -- Autobytel Inc. (ABTL), a leading provider of online automotive services connecting consumers with dealers, reported financial results for the fourth quarter and full year ended December 31, 2014.

Fourth Quarter 2014 Highlights vs. Year-Ago Quarter

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  3. TrueCar Inc ( TRUE )
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  5. LiveDeal Inc ( LIVE )