Iac news and trends

IAC Completes $500M Acquisition Of Care.com
Partnerships / Acquisitions // February 12, 2020

IAC announced today that it has acquired Care.com, a worldwide marketplace for family care, for $15 per share of common stock. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Care.com Deal Offers A Premium, But (Trust) Issues May Linger
Gig Economy // December 23, 2019

This is a platform that will take some, well, care. 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...

IAC To Purchase Care.com In Nearly $500M Deal
Partnerships / Acquisitions // December 20, 2019

One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at almost $500 million. IAC will pay $15 for each share of Care.com in a transaction...

Carsharing Platform, Turo, Raises $250M And Becomes A Unicorn
Investments // July 17, 2019

Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion dollars, according to reports. IAC is an internet media company that previously owned Match.com and OkCupid. The funding round brings...

Quick Reads
IAC Invests $1B In MGM Resorts International, Plans To Boost Online Gambling

August 10, 2020
IAC, the New York-based global media and internet giant, is betting that an investment of $1 billion in MGM Resorts International will pay off in online gambling, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

IAC Completes $500M Acquisition Of Care.com

February 12, 2020
IAC announced today that it has acquired Care.com, a worldwide marketplace for family care, for $15 per share of common stock. Get the Full Story Complete the form to unlock...

IAC To Purchase Care.com In Nearly $500M Deal

December 20, 2019
One day after outlining plans to spin off all its Match Group shares, digital brand holding company IAC says it has agreed to purchase Care.com in an arrangement valued at...

Carsharing Platform, Turo, Raises $250M And Becomes A Unicorn

July 17, 2019
Turo, a car-sharing startup, has raised $250 million from IAC in a Series E funding round, which puts the company’s valuation at above a billion dollars, according to reports. IAC...