Peter Krasilovsky's

Local Onliner

May 5
2010

Cox Sells 25 percent of AutoTrader.com

Cox Enterprises has sold 25 percent of AutoTrader.com to Providence Equity Partners, a company that manages $22 billion in its portfolio and whose website says it likes to take equity shares “between $250 million and $2.5 billion.” Terms were undisclosed. Providence has shares in a wide range of companies, including Univision, NexTag, Hulu and WhitePages.com. …continue reading »

Categories: Misc, Money, Verticals

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Apr 29
2010

AutoTrader Earns $629 Million, Largely Weathering Industry Depression

Cox Enterprises reports that AutoTrader.com’s revenue declined three percent from 2008 to 2009,but increased its total revenue by one percent to $629 million, largely due to the addition of print operations formerly managed by AutoTrader Publishing. The company considers its results very positively, given overall automotive advertising results that it says were down by 15-20 …continue reading »

Categories: Misc

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Jul 9
2009

Dealix Rolls Up ‘Big 3′ Portals for Auto Quotes

Providing price quotes to online auto shoppers (and the auto ecosystem of lead providers and OEMs) has been a tough business for third party auto sites. It involves a lot of interaction with thousands of individual dealerships. But Cobalt’s Dealix has jumped into the fray, and is now using its relationship with thousands of new …continue reading »

Categories: Classifieds, Verticals

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