NEW YORK, March 28, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding LinkedIn Corporation (NYSE: LNKD), Yelp Inc. (NYSE: YELP), HomeAway, Inc. (NASDAQ: AWAY), IAC/InterActiveCorp (NASDAQ: IACI), and 58.com Inc. (NYSE: WUBA). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.AnalystsReview.com/register
LinkedIn Corporation Analyst Notes
On March 20, 2014, LinkedIn Corporation (LinkedIn) announced that it has exceeded the five million member mark in Mexico. The Company informed that the five largest countries in terms of LinkedIn worldwide membership are Brazil, Mexico, Argentina, Colombia, and Chile. Osvaldo Barbosa de Oliveira, Managing Director of LinkedIn Latin America, stated, "The fast growth in the region shows that Latin Americans have been taking more and more advantage of the professional content available on the platform that ultimately makes us more productive and successful. With the new Latin America headquarters based in São Paulo, we will be able to be closer to the customers and members and better understand the region's specific needs." The full analyst notes on LinkedIn Corporation are available to download free of charge at:
Yelp Inc. Analyst Notes
On March 20, 2014, Yelp Inc. (Yelp) announced that it has signed a strategic deal with YP, the largest local ad platform in the U.S. The Company stated that the agreement will enable YP to enhance its customers' business listings on Yelp and expand its distribution within the YP Local Ad Network to include Yelp's consumer reach. Commenting on the agreement, David Krantz, CEO of YP stated, "This is a game changer for local businesses which will now gain industry leading consumer access to potentially reach 95 percent of the U.S. Internet market through YP and Yelp's combined audiences." Jeremy Stoppelman, CEO of Yelp, added, "This partnership allows Yelp to tap into YP's, large, local sales force and advertiser base. Yelp's significant consumer engagement combined with YP's scale and advertiser reach will help both companies grow and take local advertising to the next level." The full analyst notes on Yelp Inc. are available to download free of charge at:
HomeAway, Inc. Analyst Notes
On March 24, 2014, HomeAway, Inc. (HomeAway) announced that it intends to offer $350 million aggregate principal amount of convertible senior notes due 2019 in a private placement to qualified institutional buyers, subject to market conditions and other factors, in accordance with Rule 144A under the Securities Act of 1933, as amended. In addition, the Company stated that it also intends to grant the initial purchasers of the notes a 30-day option to purchase up to an additional $52.5 million aggregate principal amount of the notes to cover any over-allotments. Further, HomeAway added that in connection with the offering, it expects to enter into privately negotiated convertible note hedge transactions with certain financial institutions. The Company stated that it expects to use a portion of the net proceeds of the offering for payment of costs of the convertible note hedge transactions and the remaining proceeds for general corporate purposes. The full analyst notes on HomeAway, Inc. are available to download free of charge at:
IAC/InterActiveCorp Analyst Notes
On March 20, 2014, IAC/InterActiveCorp (IAC) reported that its dating website Match.com, an operating business of the Company, has entered into exclusive partnership with MLB.com to allow baseball fans to connect online with other singles through 29 different fan pages for the duration of the 2014 MLB season, powered by Match.com. Commenting on the partnership, Amarnath Thombre, President of Match.com, stated, "There is no better way to bring singles from around the country together than through America's favorite pastime. With a quarter of our members self-identifying as baseball fans, this new partnership will continue to increase opportunities for singles to make a connection with other members." The full analyst notes on IAC/InterActiveCorp are available to download free of charge at:
58.com Inc. Analyst Notes
On March 24, 2014, 58.com Inc. (58.com) announced the commencement of a proposed registered underwritten public offering made by the Company and certain shareholders of American Depositary Shares (ADSs), each of which represent two Class A ordinary shares of 58.com. The Company stated that it proposes to offer 4.0 million ADSs and the selling shareholders propose to offer a total of 4.0 million ADSs. 58.com added that it also intends to grant the underwriters a 30-day option to purchase up to 1.2 million additional ADSs. The Company further stated that it will not receive any proceeds from the sale of the ADSs by the selling shareholders. The full analyst notes on 58.com Inc. are available to download free of charge at:
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