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Leadership Changes, Holiday Shopping Solutions, Partnerships, and Acquisitions - Research Report on IAC, Groupon, Trulia, HomeAway, and OpenTable

Editor Note: For more information about this release, please scroll to bottom


News provided by

Analysts' Corner

Dec 24, 2013, 08:00 ET

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NEW YORK, December 24, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting IAC/InterActiveCorp (NASDAQ: IACI), Groupon, Inc. (NASDAQ: GRPN), Trulia, Inc. (NYSE: TRLA), HomeAway, Inc. (NASDAQ: AWAY), and OpenTable, Inc. (NASDAQ: OPEN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

IAC/InterActiveCorp Research Report

On December 19, 2013, IAC/InterActiveCorp (IAC) announced changes to its executive team in relation to its reorganization. According to IAC, Greg Blatt, CEO, will step down from his current position to become Chairman of the newly created Match Group, which initially comprise of the Company's Match businesses, Tutor.com, DailyBurn, and Skyllzone. IAC reported that Blatt will continue to report to Barry Diller, Chairman and Senior Executive of the Company, and the Company does not intend to appoint a new CEO. The Company stated that Sam Yagan, CEO of Match, will become CEO of the Group and will report to Blatt while Joey Levin, CEO of Search and Applications, and Kerry Trainor, CEO of Vimeo, will now report directly to Diller. "Greg Blatt has performed superbly as CEO of IAC for the last three years," commented Diller. "During that period, we've essentially doubled our stock price and increased our operating profit by over 180%. Over the last three years our areas of focus have crystallized, our management teams have developed, our reporting lines have consolidated, and Greg and I agree that a less centralized operating structure, pushing talent and decision-making closer to the businesses, is now the best way to achieve our growth objectives." 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.AnalystsCorner.com/r/full_research_report/c018_IACI

--

Groupon, Inc. Research Report

On December 19, 2013, Groupon, Inc. (Groupon) announced the launch of Grouponvelope and the digital gift voucher for last-minute shoppers. Groupon reported that these solutions allow local merchants, who do not have a gift card program, reach millions of customers looking for last-minute but thoughtful holiday gift ideas. Eric Lefkofsky, Groupon CEO, explained, "Many merchants don't have the resources to invest in the same digital gifting solutions provided by national retailers, and they miss out on sales that are important to their bottom line." Lefkofsky said, "Our new gifting solutions create a level playing field for local merchants and effortless last-minute holiday shopping for consumers." 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.AnalystsCorner.com/r/full_research_report/40fe_GRPN

--

Trulia, Inc. Research Report

On December 17, 2013, Trulia, Inc. (Trulia) announced that it will join the Real Estate Standards Organization (RESO) as an industry partner and Alon Chaver, Trulia's Vice President of Industry Services, will join RESO's Board of Directors. Chaver added, "Joining RESO makes perfect sense for Trulia, because data standardization will deliver great efficiencies across the real estate industry. By participating in the creation of data standards, Trulia will be able to leverage its position as a technology partner to the industry and provide unique insights and drive more value to our agent, broker and MLS partners." Trulia reported that Chaver's membership to the RESO Board will take effect on January 1, 2014. The Full Research Report on Trulia, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/e5d0_TRLA

--

HomeAway, Inc. Research Report

On December 4, 2013, HomeAway, Inc. (HomeAway) announced that it has successfully acquired Stayz Group, which also includes Rentahome.com.au, TakeABreak.com.au, and YesBookIt, was purchased from Fairfax Digital, a division of Fairfax Media Limited, in an all-cash transaction valued at approximately $198 million. Brian Sharples, HomeAway CEO, stated, "The acquisition of Stayz adds 33,000 additional Australian-based properties to the HomeAway network. It also provides HomeAway a strong momentum to our newly-launched pay-per-booking business, something Stayz has worked over the years to optimize." Sharples continued, "Additionally, they have demonstrated that a vacation rental business can generate attractive margins operating on primarily a pay-per-booking model, and we look forward to learning from their team." 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.AnalystsCorner.com/r/full_research_report/2af8_AWAY

--

OpenTable, Inc. Research Report

On December 16, 2013, OpenTable, Inc. (OpenTable) announced its acquisition of Quickcue, LLC (Quickcue), for approximately $11.5 million in cash pursuant to an agreement and plan of merger. Joseph Essas, Chief Technology Officer of OpenTable, commented, "We're looking forward to working with the Quickcue engineering team to accelerate our efforts aimed at providing our customers with the most sophisticated mobile waitlist technology on the market and developing our next generation hospitality solutions for restaurants that are primarily walk-in, but accept reservations." The Company reported that nine Quickcue team members will join OpenTable, and will continue to operate from their offices in Chattanooga, Tennessee. OpenTable further informed that the said acquisition will be recorded in its Q4 2013 financial statements and is not expected to have a material impact on the financial guidance of Q4 2013 and full year 2013 released by the Company on November 5, 2013. The Full Research Report on OpenTable, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/3ab8_OPEN

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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