CrowdGather Buys Yuku.com

In the US, online community provider CrowdGather has acquired community-building platform Yuku.com for a reported $750k, thereby adding a wide range of popular forums to its network.

The move brings CrowdGather's total network pageviews to around 235 million per month and its monthly unique visitors to 23 million - roughly a fifty percent increase in each case.

Launched in 2008, CrowdGather hosts a portfolio of special interest forums and enthusiast message board communities, through which it has created a network for members, forum owners and advertisers. In March, the firm secured $7.85m through a sale of shares, which it is using to add to its range of more than 65,000 online forums.

Last year, CrowdGather acquired Adisn, a digital ad agency that uses relationship data from social media to enhance ad targeting.

Sanjay Sabnani, CrowdGather's Chairman and CEO, comments: 'We add a substantial amount of monthly pageviews, monthly unique visitors, and thousands of hosted micro communities as part of this purchase. Our immediate focus will be to revitalize this platform and to listen to the needs of the members.'

Web sites: www.crowdgather.com and www.yuku.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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