Investing.com Acquires Streetinsider.com for $10M USD16 May 2023
Investing.com, a platform for financial data, tools & news accessed by more than 60 million retail investors monthly, announced it recently completed the acquisition and integration of Streetinsider.com, a premium source for market moving breaking news on equities.
According to Axios, Investing.com pays 10 million USD for Streetinsider.
Since 1999, StreetInsider has given Wall Street’s elite investors a real-time, inside-look at the markets, providing access to information that’s only available to a select group of market players. The outlet separates itself from other news services in its commitment to producing the quickest commentary of market-moving events around the world.
Investing.com will embed a variety of StreetInsider’s core news services – including the famous Hot list, Rumors, Trader talk, Momentum Movers and Trading Halts feeds – into the company’s mobile apps and website serving over 690 million users globally.
These brand-new enhanced Breaking feeds will feature a combination of free and pay-wall-gated content, available to InvestingPro subscribers, the premium subscription service for better investor decision making from Investing.com. StreetInsider will continue to operate as a stand-alone service, keeping selected feeds exclusively available through StreetInsider only.
“StreetInsider is thrilled to join the Investing.com team in the quest to level the playing field for all investors,”
said Lon Juricic, founder of StreetInsider.
“Crucially, Investing.com’s acquisition of StreetInsider acknowledges that in this ongoing ‘Information Age,’ content is king. We are eager to witness the forthcoming powerful impact of combining our next-generation on-the-spot stock market news and analysis with Investing.com’s real-time premium data, creating an unprecedented potent toolbox for any retail investor out there.”
After purchasing its domain name in December 2012, Investing.com’s traffic has skyrocketed from 50 million pageviews per month in 2013, to 400 million in 2016, to more than 4 billion today. With 33 language editions and users in 136 countries, the financial markets platform is now ranked the top financial website worldwide, according to SimilarWeb, in addition to ranking in the top two sites globally for crypto reach.
Investing.com offers real-time data, quotes, charts, financial tools, breaking news, and analysis across 250 exchanges around the world. In addition to the global stock markets, Investing.com covers commodities, cryptocurrencies, world indices, bonds, funds, ETFs, and world currencies, offering quick access to premium financial tools, covering over 200,000 financial instruments.
Featured image credit: Lon Juricic, founder of StreetInsider and Shlomi Biger, Chief Product Officer at Investing.com Edited from Freepik
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