Taboola Launches “Homepage For You” Artificial Intelligence Technology, Empowering Editors to Make Homepages as Personalized and Engaging as the World’s Top Social Apps; Offering Drives More Than 30% Increase in CTRs

Rhea-AI Summary

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.

Positive

• Homepage For You feature enhances user engagement through AI-driven personalization.
• Beta tests showed a 30%-50% increase in homepage CTR for participating publishers.
• Part of a $100 million annual investment in R&D to support publisher growth.

Negative

• None.

Leading publishers McClatchy, The Independent, Estado de Minas Among Early Users; Homepage For You Bolsters Taboola Newsroom Offering to Help Editors Compete Against Social Networks Through Personalization

NEW YORK, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Taboola, a global leader in powering recommendations for the open web, helping people discover things they may like, today announced a new milestone for its publisher platform that adds A.I. to power editorial recommendations on publisher homepages, an offering already being used by some of the world’s leading digital properties.

Editors continue to produce quality journalism at a time when reader attention is in constant competition from social networks, apps, games and other services. Homepage For You is a new capability that helps editors power their homepages, their most visited and prominent section of their website, to capture attention by leveraging Taboola’s advanced A.I. and proven recommendation platform--the same technology used by over 9,000 global publishers.

Homepage For You supplements editors’ existing ability, as always, to own and curate their homepage experiences with a new A.I. layer that surfaces content readers might find more relevant and personalized to their interests. With it, publishers can continue to maintain their editorial integrity and brand voice, while enabling readers to find more relevant content during every visit, resulting in increased readership and engagement.

Leading global publishers including McClatchy, The Independent, and Estado de Minas are among early partners leveraging Homepage For You to improve homepage click-through rate (CTR), page views, bounce rates, and more. In a beta test, publishers saw a 30% - 50% increase in CTR for homepage sections personalized by Taboola.

Homepage For You is part of Taboola Newsroom, an offering that provides unique insights sourced from Taboola’s dataset of 500 million daily active users, which inform how to create more engaging content and discover new coverage areas that drive loyal readership. Homepage For You was built in collaboration with dozens of the world’s top publishers, based on feedback from working closely with editorial teams to understand their key priorities, concerns and business drivers across nearly every market. It is also part of Taboola’s $100M annual investment in R&D, adding to Taboola’s comprehensive product offerings that help publishers thrive via increased engagement and revenue opportunities.

“With more than 89% of digital businesses investing in personalization, and social media platforms like TikTok using A.I. to engage younger audiences to discover videos, it’s clear that people love experiences made just for them,” said Adam Singolda, CEO and founder, Taboola. “If you open up a social media app, you are greeted with content you really want to see. For publishers, the most loyal readers are those who visit a homepage directly and look for editors to tell them what’s important for them to know. Taboola should bring A.I. to every homepage in the world and help drive reader loyalty. With our proven recommendation platform and A.I., coupled with the rest of our publisher offerings, we are taking a truly holistic approach to drive faster and bigger growth to the open web, and our publisher partners.”

"As more people rely on our network of properties for news, we want to ensure all readers get the best experience, relevant for them. Coupling the vast expertise of our newsroom with a data-driven approach to personalizing our homepages, using Taboola's advanced A.I. technology is going to be a game changer for us,” said Kristin Roberts, Senior Vice President for News, McClatchy.

“Taboola has been a true strategic partner in helping us grow,” said Christian Broughton, Managing Director, The Independent. “There’s no ‘one size fits all’ approach to audience engagement, and Taboola’s ability to power key areas of our homepage and other sections of our site, their huge amounts of readership data that provide actionable insights, and their valued partnership in working side-by-side with our own editorial team are the unique building blocks in our shared success.”

"When readers visit our homepage, they expect news that is interesting and catered to their interests," said Mayara Souza, Head of Product and Marketing, Estado de Minas. "Historically, we have used our editorial processes to decide this, but as we have grown, we have turned to Taboola's technology as a key component to personalize the experience. By doing this, we've promoted increased readership and a better overall experience."

About Taboola
Taboola powers recommendations for the open web, helping people discover things they may like. The company’s platform, powered by artificial intelligence, is used by digital properties, including websites, devices and mobile apps, to drive monetization and user engagement. Taboola has long-term partnerships with some of the top digital properties in the world, including CNBC, NBC News, Business Insider, The Independent and El Mundo. More than 13,000 advertisers use Taboola to reach over 500 million daily active users in a brand-safe environment. The company has offices in 18 cities worldwide, including New York and Tel Aviv.

Learn more at www.taboola.com and follow @taboola on Twitter.

Disclaimer - Forward-Looking Statements
Taboola (the “Company”) may, in this communication, make certain statements that are not historical facts and relate to analysis or other information which are based on forecasts or future or results. Examples of such forward-looking statements include, but are not limited to, statements regarding future prospects, product development and business strategies. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements but are not the exclusive means for identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, including the risks set forth under “Risk Factors” in our Registration Statement on Form F-4 and our other SEC filings. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2ca8d7cd-5962-4bd3-b83c-8e34edf7a6d8

FAQ

What is Taboola's new feature 'Homepage For You'?

Homepage For You leverages AI to enhance editorial recommendations on publisher homepages, providing personalized content to improve reader engagement.

Which publishers are using Taboola's 'Homepage For You'?

Early adopters include leading publishers like McClatchy, The Independent, and Estado de Minas.

What impact did 'Homepage For You' have during beta testing?

The feature resulted in a 30%-50% increase in click-through rates for the homepage sections it personalized.

How much is Taboola investing in R&D annually?

Taboola is investing $100 million annually in research and development to enhance its offerings and support publishers.

What are the goals of Taboola's 'Homepage For You' feature?

The aim is to help publishers capture reader attention and maintain editorial integrity while leveraging AI for personalization.