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Investing.com

From Wikipedia, the free encyclopedia

Investing.com
Available in24 languages
Headquarters
OwnerJoffre Capital
Founder(s)Dror Efrat, Lonny Szneiberg[4]
Key peopleOmer Shvili (CEO)[5]
ProductsFinancial information
Employees300 (2019)[6]
URLinvesting.com/about-us
Launched2007[7]
Current statusActive

Investing.com is a Israel-based financial markets platform and news website;[8] one of the top three global financial websites in the world.[9] It offers market quotes,[10] information about stocks, futures, options,[11] analysis, commodities, and an economic calendar. The company itself is registered in Cyprus, and has an Israeli subsidiary.[12] The majority of employees and the CEO reside in Israel.[7][13][14] After receiving tax incentives in Israel as a tech company, Investing.com moved its management to Israel and expanded its operations there.[14]

History

[edit]

Founded by Israeli entrepreneur Dror Efrat in 2007 as Forexpros,[14] the portal offered forex analysis, a broker directory, and a discussion forum in English, Spanish, Hebrew and Arabic.[15] During 2008–2009, more editions were added, and the platform expanded its offering from Forex data to encompass other financial instruments.

The company purchased their current domain, Investing.com, for $2.45 million at the end of 2012[16] in one of the most expensive domain deals in history.[17][18][19]

Investing.com's Android app was launched in September 2013,[20] while an iOS version of the app was launched a year later.[20][21][22] Over time, it added additional localized editions[23][24] and services.[7][25] Investing.com launched a new version of their cryptocurrency app in 2017.[26]

In February 2021, it was ranked as the 194th most popular website in the world, according to Alexa.[27] It has six offices worldwide and 300 employees (as of 2019),[7][12] and is composed of 33 editions in 24 languages.

The company was acquired by Hong Kong–based[28] Joffre Capital in 2021 for $500 million.[8][14][29]

The company hires employees in Tel Aviv, Madrid, Milan, Tokyo, Mumbai, Seoul, Shenzhen, São Paulo, Mexico City, and across the United States, and maintains physical offices in Madrid, Tokyo, Seoul, São Paulo and Shenzhen.[7]

Investing.com has launched a platform called InvestingPro which provides exclusive data, professional tools, custom charts and professional-grade. It is ad-free and can access up to 1000+ fundamental and technical metrics.

References

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  1. ^ "Investing.com Locations". Craft.co. Retrieved September 19, 2024.
  2. ^ "Investing.com Company Profile". Dealroom. Retrieved September 19, 2024.
  3. ^ "Investing.com LinkedIn Profile". LinkedIn. Retrieved September 19, 2024.
  4. ^ "Lonny Chen". LinkedIn. Retrieved September 19, 2024.
  5. ^ https://www.financemagnates.com/forex/brokers/exclusive-investing-com-taps-omer-shvili-as-ceo-pivots-to-core-business/ [bare URL]
  6. ^ Omri Zerachovitz (February 5, 2019). "The Robin Hood of market data". Globes.
  7. ^ a b c d e Halon, Eytan (May 27, 2019). "Investing.com Aims to Remove Fear Factor from Personal Finances". The Jerusalem Post. Retrieved January 22, 2021.
  8. ^ a b "Investing.com Seeks Big Buys on Path to IPO, Chairman Says". Yahoo Finance. Retrieved September 19, 2024.
  9. ^ "Investing.com Breaks Into World's Top 400 Websites, Reaches 10M Downloads". Yahoo Finance – stock market live, quotes, business & finance news. Retrieved January 22, 2021.
  10. ^ "Investing.com Weekly Wrap-Up 04September 2020". Global Economic Intersection. September 5, 2020. Archived from the original on November 16, 2021. Retrieved October 13, 2020.
  11. ^ "A popular investment portal now lets you track your cryptocurrency portfolio". Business Insider. September 7, 2017. Retrieved October 13, 2020.
  12. ^ a b "The Robin Hood of Market Data". Globes. February 5, 2019.
  13. ^ "Investing.com People". LinkedIn. Retrieved September 19, 2024.
  14. ^ a b c d "East Asian Fund Buys Investing.com for $500M". Globes. April 13, 2021. Retrieved September 19, 2024.
  15. ^ Forex Pros October 23, 2007, Web Archive
  16. ^ "Top Domains: Forexpros Buys Investing.com For $2.45M, Launches One-Stop Financial Portal For Everyday Investors – TechCrunch". TechCrunch. December 11, 2012. Retrieved October 13, 2020.
  17. ^ Huhman, Heather, Forexpros.com Buys Investing.com for Whopping $2.45 Million, HuffPost
  18. ^ Farr, Christina, Largest known domain purchase of 2012? Investing.com for $2.75M, Venturebeat.com. December 11, 2012.
  19. ^ Heather R. Huhman Investing.com Domain Purchased for an Historic $2.45 Million Businessinsider.com
  20. ^ a b Carney, Michael (September 25, 2013). "Investing.com goes mobile, proves that paywall-free content can be hugely profitable". Pando. Archived from the original on October 17, 2020. Retrieved October 13, 2020.
  21. ^ D., Luis (September 8, 2016). "The Investing dot com app now boasts a customizable, real-time financial alerts system". Phone Arena. Retrieved October 13, 2020.
  22. ^ "Investing.com Launches Cryptocurrency App Amid Strong Demand". Coin Journal. September 15, 2013. Retrieved September 17, 2013.
  23. ^ Kimmorley, Sarah (July 20, 2015). "Investing.com has launched in Australia". Business Insider Australia. Archived from the original on December 22, 2021. Retrieved October 13, 2020.
  24. ^ "Investing.com adds a Canadian edition to its site". Financial Post. December 1, 1969. Retrieved October 13, 2020.
  25. ^ Sharma, Aprajita (June 4, 2019). "Our core is to offer premium services for free, says Investing.com CEO Shlomi Biger". Business Today. Retrieved October 13, 2020.
  26. ^ Cuen, Leigh (December 18, 2017). "Investing.com Launches Cryptocurrency App". International Business Times. Retrieved October 13, 2020.
  27. ^ "Investing.com Site Info". Alexa Internet. Archived from the original on December 22, 2021. Retrieved January 22, 2020.
  28. ^ "Company Profile". Bloomberg. Retrieved September 19, 2024.
  29. ^ "Overview of Investor Profile". PitchBook. Retrieved September 19, 2024.