New Additions to Mobile Platforms and Solid Financial Results Support Strong Business Models of Internet Information Providers - Research Report on Groupon, IAC, TripAdvisor, HomeAway, and Youku
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NEW YORK, August 2, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Groupon, Inc. (NASDAQ: GRPN), IAC/InterActiveCorp (NASDAQ: IACI), TripAdvisor Inc. (NASDAQ: TRIP), HomeAway, Inc. (NASDAQ: AWAY), and Youku Tudou Inc. (NYSE: YOKU). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Groupon, Inc. Research Report
On July 30, 2013, Groupon, Inc. (Groupon) announced the addition of its premium channel to the Groupon Reserve mobile app. Groupon reported that iPhone users may now use the Groupon mobile app to make table reservations in their city with up to 40% of discounts. Ben McKean, General Manager of Groupon Reserve reservations, said, "Since the launch of Reserve, we have seen a significant increase in bookings, and adding the capability to the Groupon mobile app will make it even easier for more customers to reserve a great dining experience at some of the best restaurants in their city." McKean continued, "Reserve on mobile gives our customers even more options for great things to do wherever they are." The Full Research Report on Groupon, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/GRPN]
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IAC/InterActiveCorp Research Report
On July 30, 2013, IAC/InterActiveCorp (IAC) released its Q2 2013 financial results. The Company's revenues were up 17.5% YoY to $799.4 million. Adjusted net income was up 2.0% YoY to $82.9 million, while adjusted EPS was up 10.5% YoY to $0.95. IAC reported a growth of 9.4% in its operating income of $106.7 million. Net income was up 34.6% YoY to $58.3 million, while GAAP diluted EPS was up 42.6% YoY to $0.67. IAC also declared a quarterly cash dividend of $0.24 per share, payable on September 1, 2013 to stockholders of record as of the close of business on August 15, 2013. The Full Research Report on IAC/InterActiveCorp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/IACI]
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TripAdvisor Inc. Research Report
On July 24, 2013, TripAdvisor Inc. (TripAdvisor) released its Q2 2013 financial results. The Company's revenues were up 25.3% YoY to $246.9 million. Operating income was up 12.5% YoY to $94.1 million. Net income attributable to the Company was up 26.3% YoY to $67 million. TripAdvisor also registered a growth of 24.3% YoY in its diluted EPS of $0.46. Commenting on the results, Steve Kaufer, President and CEO of TripAdvisor, said, "Our strong financial performance was driven by continued traffic growth. We also kicked off our first-ever offline ad campaign to enhance brand awareness. Perhaps most notably, we bid 'adieu' to pop-ups and rolled out our new hotel metasearch display, which makes it easier for travelers to find a great hotel as they plan their perfect trip." The Full Research Report on TripAdvisor Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/TRIP]
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HomeAway, Inc. Research Report
On July 25, 2013, HomeAway, Inc. (HomeAway) released its Q2 2013 financial results. Revenues were up 20.9% YoY to $86.6 million, while operating income was up 5% YoY to $8.4 million. Net income was $5.5 million, or $0.06 per diluted share, compared to net income of $2.9 million, or $0.03 per diluted share, in Q2 2012. Commenting on the results, Brian Sharples, CEO of HomeAway, stated, "HomeAway delivered another strong quarter financially, with both revenue and Adjusted EBITDA topping the high-end of our expectations." Sharples continued, "Our operational and financial performance underscores our leadership within the online vacation rental marketplace and the strength of our business model. We are pleased with our progress to date, and believe the opportunity ahead of us is significant. Continued development of our e-commerce platform and pay-per-booking model is anticipated to strengthen our core business as well as drive new market penetration. At the same time, we're excited to advance the business through our agreement to acquire travelmob, which serves to strengthen HomeAway's investment in the fast-growing Asia Pacific market." The Full Research Report on HomeAway, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/AWAY]
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Youku Tudou Inc. Research Report
On July 30, 2013, Youku Tudou Inc. (Youku) announced that according to data from iResearch, the Company garnered more daily unique visitors and more monthly time spent than its competitors, iQiyi and PPS combined, resulting into a widened leadership position in mobile video in June 2013. Data from iResearch showed that Youku's 14 million daily unique visitors in June 2013 exceeded the daily unique visitors of its peers by a widened margin compared to earlier periods. The monthly duration use of Youku was more than 180 million hours on the mobile platform. Youku also stated that its daily mobile video views also surged up to more than 200 million in July 2013, achieving a 100% growth over the daily video views in January, based on the Company's internal data. The Full Research Report on Youku Tudou Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.InvestorsReports.com/report/2013-07-31/YOKU]
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