Welcome to our dedicated page for Taboola.com Ltd. Ordinary Shares news (Ticker: TBLA), a resource for investors and traders seeking the latest updates and insights on Taboola.com Ltd. Ordinary Shares stock.
Taboola.com Ltd. (NASDAQ: TBLA) is a trailblazing technology company renowned for its advanced recommendation platform, which serves over 300 billion recommendations to more than 750 million unique visitors each month. The company’s artificial intelligence-based engine powers content and advertisement recommendations across the Open Web, partnering with influential digital properties such as websites, devices, and mobile apps to enhance user engagement and monetization. Taboola's partnerships include prominent publishers like USA Today, Business Insider, Chicago Tribune, and The Weather Channel.
Headquartered in New York City with R&D operations in Israel, Taboola has additional offices in Pasadena, London, and Bangkok, reflecting its global presence and influence. The company's diverse client base spans across the United States, Israel, the United Kingdom, Germany, France, and beyond, generating a significant portion of its revenue from the U.S.
Taboola's innovative AI technology has led to remarkable advancements, such as the Maximize Conversions feature, which has seen rapid adoption by major brands like Hyundai, ERGO, Leica Camera, Sonova, Peugeot Turkey, and Opel Turkey. This tool automates cost per click bidding to maximize conversions within a specified budget, significantly enhancing advertising efficiency and effectiveness.
With a robust network of over 18,000 advertisers reaching nearly 600 million daily active users in a secure environment, Taboola has cemented its position as a leader in e-commerce recommendations. The company drives over 1 million monthly transactions for top-tier brands including Walmart, Macy’s, Skechers, and eBay, further bolstering its reputation.
Taboola continues to expand its offerings and partnerships, exemplified by its collaboration with the Associated Press to launch AP Buyline, providing consumers with factual product reviews. This initiative leverages Taboola's editorial expertise to offer independent product recommendations, enhancing the consumer experience and diversifying revenue streams for publishers.
As a forward-looking company, Taboola maintains a strong focus on innovation and growth. The company’s recent financial performance underscores its momentum, with Q1 2024 results surpassing expectations and projecting continued double-digit growth. CEO Adam Singolda emphasizes the company's commitment to advertiser success and the strategic ramp-up of key projects such as the Yahoo migration, positioning Taboola for a record year.
For more information, visit www.taboola.com and follow @taboola on Twitter and Instagram.
Taboola has launched its new feature, Homepage For You, aimed at enhancing editorial recommendations for publishers like McClatchy and The Independent. This AI-driven tool personalizes homepage content, improving user engagement and increasing click-through rates (CTR) by 30%-50% in beta tests. The initiative is part of Taboola's $100 million annual R&D investment, aiming to help publishers compete with social media. Taboola’s platform currently serves over 9,000 global publishers, facilitating better reader experiences and driving revenue opportunities.
Taboola has renewed its long-term partnership with Siamsport.co.th, Thailand's largest sports website, marking a decade of collaboration. The partnership aims to enhance audience engagement through Taboola's technology, which powers content recommendations and advertisements. Siamsport.co.th will also explore Taboola's e-commerce offerings following its acquisition of Connexity to boost revenue. The CEO of Taboola expressed confidence in the growth potential of this partnership as Siamsport continues to innovate and expand its presence in the e-sports community.
Taboola (Nasdaq: TBLA) has entered into a multiyear agreement with McClatchy, enhancing local media engagement and revenue generation. McClatchy, serving over 65 million unique readers monthly, will implement Taboola products including Taboola Feed for personalized content and advertisements. Additionally, McClatchy is testing Taboola Newsroom and the acquisition of Connexity to enhance audience insights and consumption intent. This partnership aims to strengthen local journalism and community connections.
Taboola (Nasdaq: TBLA) will participate in the 24th Annual Needham Virtual Growth Conference on January 11, 2022. CEO Adam Singolda will engage in a fireside chat at 10:45 a.m. ET. Investors interested in connecting can reach out through their Needham Sales Representative. The event will be available for live streaming and replay on Taboola's investor relations site.
Taboola specializes in AI-driven recommendations across digital platforms, engaging over 500 million daily active users and supporting over 14,000 advertisers, including major brands like Walmart and eBay.
Taboola has announced a new native bidding service set to launch by the end of Q1 2022, aimed at expanding its current 14,000 advertiser base to various supply types including display advertising and social networks.
Developed in partnership with Microsoft, this service is expected to enhance revenue growth and provide greater opportunities for advertisers. A new agreement between Taboola and Microsoft extends their partnership through July 2024, reinforcing their collaborative efforts in the open RTB space.
Taboola (Nasdaq: TBLA) announced a 5-year renewal of its exclusive partnership with La Dépêche du Midi Group, enhancing reader engagement and subscription strategies. Since 2019, La Dépêche has utilized Taboola's innovations, including Taboola Feed and Taboola Newsroom, achieving a 28% conversion increase for users. This renewal aims to optimize content personalization and advertising experiences based on reader profiles, generating revenue. Taboola continues to partner with major digital properties, reaching over 500 million daily active users and driving over 1 million monthly e-commerce transactions.
Taboola has announced a landmark 10-year agreement with NDTV Convergence, potentially worth 750 crores (approx. $100 million). This deal allows NDTV to utilize Taboola’s full suite of offerings, enhancing personalized content recommendations and monetization strategies. NDTV aims to meet specific traffic growth targets to achieve the revenue potential outlined in the deal. Taboola, recognized for leveraging AI technology, continues to partner with leading digital properties, enhancing engagement and monetization opportunities for its clients.
Taboola (Nasdaq: TBLA) has announced a multi-year renewal of its partnership with Future, extending their collaboration to over a decade. This new three-year agreement aims to enhance engagement rates, revenue, and audience numbers across Future's extensive media portfolio, which encompasses tech, games, and lifestyle sectors. Taboola's innovative products, including mid-article placements and personalized content feeds, will be utilized to maximize user engagement and monetization opportunities. This partnership signifies a continued commitment to connecting audiences with relevant content.
Taboola (Nasdaq: TBLA) has announced a new multiyear partnership with Getty Images, enhancing access for over 14,000 advertisers to a premium library of stock video content via the Taboola Ads platform. This collaboration builds on a five-year relationship, enabling seamless campaign execution across various formats, reaching over 500 million daily users. CEO Adam Singolda highlighted the importance of providing advertisers with robust video tools, while Getty Images’ VP Nick Unsworth emphasized the role of video in digital engagement. This partnership aims to strengthen advertising outcomes across diverse sectors.
Taboola (Nasdaq: TBLA) announced that its management team will participate in two upcoming investor conferences. The RBC Capital Markets Global Technology, Internet, Media and Telecom Virtual Conference is scheduled for November 16, 2021, featuring a fireside chat with CEO Adam Singolda at 2:40 p.m. ET. The Credit Suisse 25th Annual Technology Conference will take place on December 1, 2021, where both CEO Singolda and CFO Stephen Walker will speak at 1:05 p.m. ET. Interested investors can request meetings through RBC and Credit Suisse.
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