Thursday, August 6, 2015

Yahoo To Acquire Social Shopping Site Polyvore

Yahoo (NASDAQ: YHOO) last week signed a definitive agreement to acquire leading social shopping site PolyvoreFinancial terms of the deal were not disclosed. 


The deal will further enhance Yahoo's consumer and advertiser offerings, as well as strengthen Yahoo's digital magazines and verticals. More importantly, Polyvore will accelerate Yahoo's growth strategy in mobile, video, native and social, an areas in which Yahoo has not performed well. 

Simon Khalaf, senior vice president, Yahoo Publisher Products, said in a statement that: “Polyvore has built an excellent team, a category leading product, and a strong business based on a highly engaged community”, and added that: “The combination of Yahoo’s industry-leading digital content with Polyvore’s expertise in community and commerce has outstanding potential. We are thrilled to have the Polyvore team join us.” 

Polyvore is a leading social shopping site, it provides brands and retailers a way to connect with influential consumers and drive sales through real-time advertising solutions. 
Under the deal, Polyvore products and services will continue to operate. Its team will join Yahoo offices in Sunnyvale, San Francisco and New york. Polyvore Co-founder and CEO Jess Lee will report directly to Yahoo Publisher Products SVP Simon Khalaf.

About Yahoo
Based in Sunnyvale, California, Yahoo is an American multinational technology company. Globally known for its web portal and search engine, Yahoo is the highest-read news and media website with over 7 billion readers a month. It operates a portal that provides latest news and gives users access to other Yahoo services namely: Yahoo Mail, Yahoo Maps, Yahoo Finance and etc. 

Image Credit: Wikimedia

No comments:

Introducing A Great Place To Find A Job

The marketplace where tech companies compete to hire you. Meet 5 to 15 top companies in one week with salary info upfront. You’re in demand. Shouldn’t companies you love come to you with offers upfront? We think so. That’s why Hired is changing the way you find your next job with a faster, more transparent job search process built specifically for Python Programmers, RoR Developers, Java Programmers, Software Engineers, Big Data Scientists, Data Scientists, DevOps, UI/UX Designers, Product Managers, and Web Developers.

Hired is the first two-sided marketplace created specifically for Engineers, Data Scientists, Designers and Product Managers who are overwhelmed with job opportunities.

We believe recruiting should be transparent, unbiased, and that the talent should be in control. Our one week “auctions” provide upfront offers from vetted and funded companies, dedicated talent advocates, and a $2,000 signing bonus.

Our mission is to make hiring, or getting hired, less painful. Hired.com: A Whole New Recruiting Model.


THE PREMIER MARKETPLACE FOR TECH TALENT
BEGIN THE NEXT CHAPTER IN YOUR CAREER TODAY


Learn More: GET HIRED!
What is managed cloud? Managed cloud lets you tap the power of the cloud for your strategic business goals without the frustration, cost, and time of managing it yourself.

Learn more about Managed Cloud and Rackspace the #1 managed cloud company
 —empowering you to move beyond the limitations of do-it-yourself cloud with the support of thousands of expert engineers. 







VMware: Virtualizing the Entire Data Center



Virtualizing the Entire Data Center by: VMware, The World's Leader in Virtualization and Cloud Infrastructure

VMware vSphere Essentials delivers the industry-leading virtualization platform for small businesses at an affordable price. Small businesses can virtualize their physical servers and centrally manage these servers, reducing hardware costs and increasing operating efficiency with a low upfront investment.
Provides cost-effective server consolidation and management for small offices

Learn more about the VMware vSphere Essentials