eHow, Livestrong Owner Makes eCommerce Play

By  |  June 25, 2013
 | 

Demand Media, the content and social media company that owns popular content destinations like Cracked, eHow and Livestrong, has purchased artsy eCommerce portal Society6 for $94 million, Reuters reports.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    The move follows Demand’s revision of its second-quarter forecasts. It expects revenue to fall below expectations due to declines in search engine traffic. The acquisition marks the company’s first venture into eCommerce.

    Read the full report here.


    Recommended

    TikTok

    TikTok Says New Joint Venture Will Enable Continued US Operations

    OnePay, Google, partnerships

    OnePay Joins Google’s Agent Payments Protocol as a Credential Provider

    OpenAI, ChatGPT

    Consumers Spent $2.5 Billion in ChatGPT Mobile App in 2025

    Fedex earnings

    FedEx’s Network 2.0 Overhaul Shows Resilience Now Beats Reach in Logistics

    See More In: