Smart Shopping Anytime Anywhere
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| Subsidiary | |
| Industry | Internet Services : Comparison Shopping : Distributed Content Commerce |
| Founded | 1999 |
| Founder | Tamim Mourad Kamran Pourzanjani |
| Headquarters | Los Angeles, California, U.S. |
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Key people
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Steve Krenzer, CEO Jeff Goldstein, President, Rojeh Avanesian, SVP of Sales and Marketing Dominique Jean, CTO |
| Website | pricegrabber.com |
PriceGrabber.com is a price-comparison shopping site and distributed content commerce service founded in 1999 by former CEOs Kamran Pourzanjani and Tamim Mourad. The company partners with merchants, retailers, and sellers to provide information on a wide range of products. The company also serves as the data source for numerous other shopping websites, including AOL Shopping, Bing Shopping, About.com's ConsumerSearch, iVillage, Comcast, Yahoo!, MSN Shopping and CNET. PriceGrabber.com was the first comparison-shopping engine to project tax and shipping cost information for a consumer during the price comparison process.[1] As of March 2016, PriceGrabber's product data was integrated into over 700 partners' websites, including information from 2,000 retailers spanning 26 categories.[2]
Acquisitions
In 2005, PriceGrabber was acquired by Experian for $485 million, negotiated by then-CEO and founder of the company, Kamran Pourzanjani, along with Tamim Mourad, in 1999.[3][4]
In 2012, Experian agreed to sell PriceGrabber at a significant loss to Indian group Ybrant Digital.[5] After the sale fell through,[6] Experian announced in October of that year that it had completed the sale of PriceGrabber, LowerMyBills, and ClassesUSA.com to the management team of those businesses for an undisclosed amount.[]
In June 2015, Connexity (formerly Shopzilla) announced it had purchased PriceGrabber, Inc. for an undisclosed amount.[7]
References
- ^ http://www.pricegrabber.com/about.php/about=press/sub_opt=14/year_opt=1/article=1
- ^ Carman, Lindsey (31 March 2016). "PriceGrabber: Leaders in Distributed Data". DealCrunch.com. Retrieved 2017.
- ^ Forbes Archived December 16, 2005, at the Wayback Machine.
- ^ "Experian Buys PriceGrabber.com For $485 Million". The Wall Street Journal. 14 December 2005. Retrieved 2017.
- ^ "Experian sells businesses at less than quarter of cost". The Telegraph. 10 May 2012. Retrieved 2017.
- ^ Robinson, Duncan (26 September 2012). "Experian's PriceGrabber sale falls through". Financial Times. Retrieved 2017.
- ^ "Connexity Acquires PriceGrabber - Official Press Release". 15 June 2015. Retrieved 2017.
External links
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