Friday, December 02, 2005
Shopping Search Week 2005:
"By Chris Sherman, Associate Editor
November 29, 2005
By Chris Sherman, Associate Editor
November 29, 2005
This week, SearchDay features our annual roundup of new developments in the shopping and comparison search arena.
Although shopping and comparison search hasn't received quite the attention or press that other specialty search areas such as local search and mapping have seen, it's been a busy year in the space. We've seen mergers and acquisitions among the major players, and promising newcomers get into the game.
And with all of the attention focused on the resurgence of vertical and specialized search sites this year, it appears that shopping and comparison search is on track for an even more positive change going forward. To see just how much has changed, take a look at Shopping Search Week 2004 and Shopping Search Week 2003. Search Engine Watch members also have access to a categorized list of all of our blog posts on shopping and comparison search services.
A Year of Consolidation
The two largest players in the shopping and product comparison space were acquired this year. In June, eBay acquired Shopping.com for about $620 million in cash or $21 per share for all of Shopping.com's outstanding shares.
Shopping.com is somewhat unique in the space, being one of the few companies to successfully float an initial public offering of shares in October 2004. The company had originally filed to go public in 2000, but pulled the offering in the aftermath of the dotbomb crash of that year.
Just days after the eBay/Shopping.com announcement, Shopzilla agreed to be acquired by media company E.W. Scripps for $525 million in cash..."
"By Chris Sherman, Associate Editor
November 29, 2005
By Chris Sherman, Associate Editor
November 29, 2005
This week, SearchDay features our annual roundup of new developments in the shopping and comparison search arena.
Although shopping and comparison search hasn't received quite the attention or press that other specialty search areas such as local search and mapping have seen, it's been a busy year in the space. We've seen mergers and acquisitions among the major players, and promising newcomers get into the game.
And with all of the attention focused on the resurgence of vertical and specialized search sites this year, it appears that shopping and comparison search is on track for an even more positive change going forward. To see just how much has changed, take a look at Shopping Search Week 2004 and Shopping Search Week 2003. Search Engine Watch members also have access to a categorized list of all of our blog posts on shopping and comparison search services.
A Year of Consolidation
The two largest players in the shopping and product comparison space were acquired this year. In June, eBay acquired Shopping.com for about $620 million in cash or $21 per share for all of Shopping.com's outstanding shares.
Shopping.com is somewhat unique in the space, being one of the few companies to successfully float an initial public offering of shares in October 2004. The company had originally filed to go public in 2000, but pulled the offering in the aftermath of the dotbomb crash of that year.
Just days after the eBay/Shopping.com announcement, Shopzilla agreed to be acquired by media company E.W. Scripps for $525 million in cash..."
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