NexTag in the News
| The Best Barcode Scanner Apps
NexTag Mobile: Essentially an iPhone client for the NexTag price comparison engine, Gizmodo, December 15, 2010 Read More. |
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| Saving Money for the Holidays
Comparison-shopping is a must these days. PriceGrabber, NexTag, and Google Products are just some of the websites that scour the web for the best deals on the items you are looking for. Even if you think you have the best price on a deal, it doesn't hurt to crack open a new browser window and make sure. Some of the better sites also compare state tax and shipping fees to make sure you are getting the lowest-priced deal. The Motley Fool, December 13, 2010 Read More. |
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| Online Sites Put To Test For Holiday Shopping Deals
NexTag.com came in second with the best price for the kids slide and Wii game. WTAE Pittsburgh, December 13, 2010 Read More. |
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| NexTag seeks USD 250m in loans to help finance acquisitions; IPO too 'time-consuming,' person says
NexTag, a San Mateo, California-based comparison shopping website, is seeking USD 250m in loans to help finance acquisitions, a person familiar with the company said. Providence Equity holds a 65% stake in NexTag, which it acquired for USD 830m in 2007, according to an online report. Asked why NexTag was going outside of its private equity shareholders for additional capital, the person said it's a "great time to raise debt financing, especially because the market likes the health of NexTag's business." The company also viewed a public offering as "too time-consuming," the person noted. "This funding will allow us to accelerate growth with accretive acquisitions internationally, and with leading teams and technologies that will enhance the NexTag user experience," CEO Jeffrey Katz said in a statement to this news service. Mergermarkets, December 7, 2010 |
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| Prov Equity's NexTag seeks $250M in loans to fund acquisitions, pay dividend
NexTag Inc., a comparison-shopping website, is seeking $250 million in bank loans to fund acquisitions and to pay a dividend to shareholders, according to a Moody's Investors Service report. Providence Business News, December 7, 2010 Read More. |
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| Virtual coupons, mobile push holiday sales
Nextag Inc., the San Mateo-based online shopping resource, predicts the growing number of virtual coupons, mobile applications and consumer recommendations will help push online holiday shopping to its all-time high in sales this year. Silicon Valley Business Journal, December 3, 2010 Read More. |
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| Free shopping apps can help you get the best deal
This year, it's best to do your Christmas and holiday shopping smart phone in hand. Apps can help you find the best prices online or at a nearby retailer. Other apps can help you earn rewards for shopping. DailyComet, December 2, 2010 Read More. |
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| How to stretch your dollar at the mall
...find out what's a good price. Sites such as pricegrabber.com, pricespider.com, bing.com and nextag.com make this easy to do MSNBC, December 2, 2010 Read More. |
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| New Online Shopping features will increase revenue in Christmas
Nextag, an online retailer, has been on an aggressive path to improve the online shopping experience and has recently added new features such as a barcode scanning applications for smart phones, consumer reviews and recommendations, and online coupons. Consumers are responding favorably as Nextag reported sales increased 25% over the same period in 2009. Mohuamunshi's Blog, December 1, 2010 Read More. |
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| NexTag Acquires Online Coupon Provider, NextCoupons.com
Yesterday NexTag.com announced the acquisition of Nextcoupons.com, a website centered around the creation and circulation of online coupons CPC Strategies Blog, November 9, 2010 Read More. |
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| Nextag Buys NextCoupons.com
Online comparison shopping company Nextag has acquired NextCoupons.com, an online coupon provider based in Santa Monica, Calif. Financial terms of the deal were not released. Nextag is based in San Mateo, Calif., and is backed by Providence Equity Partners, Morgenthaler Ventures and Technology Crossover Partners. PE HUB, November 9, 2010 Read More. |
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| Nextag Acquires Coupon Site
There's been a steady parade of mergers and acquisitions involving e-commerce companies going strong for most of the fall this year, so it's not all that surprising that there's another one now to talk about. This one involves the price comparison website Nextag, which announced today that it has acquired NextCoupons.com, an online coupon provider out of Santa Monica, CA. The deal is just the latest in a series of technological development moves and acquisitions made by Nextag as part of the company's ongoing growth strategy. EcommerceJunkie, November 9, 2010 Read More. |
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| Providence-Backed NexTag Acquires NextCoupons.com
NexTag Inc., a comparison shopping website operator backed by Providence Equity Partners LLC, has acquired NextCoupons.com, a privately held provider of online coupons. LBO Wire, November 9, 2010 |
Dow Jones LBO Wire |
| NexTag acquires coupon aggregator NextCoupons
NexTag, a website for comparing online product prices and reviews, announced Monday that it has acquired deals site NextCoupons.com. Terms of the deal were not disclosed. The purchase, which the company says is just the latest in a series of acquisition efforts, will mostly serve to bring the NextCoupons team into NexTag. (The similarity of the company's names is, as far as we know, purely coincidental, but probably convenient for branding purposes.) VatorNews, November 8, 2010 Read More. |
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| Nextag Acquires Online Coupon Provider NextCoupons
Nextag, a comparison shopping site for products and services, has acquired online deals aggregating service NextCoupons. Financial terms of the acquisition are not being disclosed, but this is clearly a minor transaction and primarily a way for Nextag to bring in more talent and resources. TechCrunch, November 8, 2010 Read More. |
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| NexTag in M&A talks with ‘more than 10 possible targets;' could consider an exit in two to four years, CEO says
NexTag in M&A talks with ‘more than 10 possible targets;' could consider an exit in two to four years, CEO says. NexTag, a San Mateo, California-based comparison shopping website, is in acquisition discussions with "more than 10 possible targets" and hopes to close several deals in the next 12 months, according to CEO Jeffrey Katz. The company has "several" engagements with bankers advising on M&A, Katz told this news service. "Our net is wide, but has fine mesh," he said, declining to identify the company's advisers. "As we looked at the marketplace, it seemed like an important time to buy assets that will help us quicken our pace of growth," said Katz, who was brought in by NexTag majority shareholder Providence Equity Partners in March. NexTag has been active in the M&A market since Katz's arrival. In July, the company picked up Wize, a product recommendation research engine. It followed up on 8 November with the acquisition of NextCoupons.com, an online coupon provider. NexTag is looking for companies that have great teams and technologies, and have a product that generates a "very beneficial service for either a consumer or a merchant," he said. "Both [Wize and NextCoupons.com] were pretty perfect fits." Founded in 1999, NexTag has revenue of USD 200m and has been "solidly profitable" for nine consecutive years, Katz said. The company's revenue growth rate is in the 10% to 20% range, he said, and is expected to improve with the economy and recent investments. The 350-person company has more than 30 million monthly customers. In 2007, Providence Equity acquired a 65% stake for USD 830m, according to an online report. Asked whether the private-equity firm planned an IPO or sale for NexTag, Katz said, "They are in the investment three years now. It's early for them to have a specific exit strategy." Five to seven years is a more typical timeframe for PE firms to have an exit plan, he added. Providence Equity's main focus is to strengthen the management team, Katz said, and to "advance the capabilities and number of markets" that NexTag competes in. To that end, the company is "progressing" conversations with a number of potential targets, he said. NexTag is seeing significant international growth, and is interested in expanding its geographies, both in developed markets and new growth markets, he said. The company is also focused on moving into new verticals including automobiles, event ticketing, groceries and travel, Katz said. Additionally, NexTag is investing in its social and mobile strategies. "We see Facebook and Twitter as the next big consumer ecosystem," Katz said. However, it's still tiny compared with the monetization of search – the universe of Bing, Google and Yahoo, he said. "We are readying capabilities to take advantage of [social] just as we have done effectively in search," he added. Katz was the founding CEO of Internet travel company Orbitz, which was sold to Cendant for USD 1.25bn in 2004. NexTag's legal adviser is Gunderson Dettmer. Mergermarkets, October 11, 2010 |
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| Comparison Shopping Engine News: NexTag Focused on International Growth
It's good to hear that NexTag continues to expand. Broadening their customer base and reaching out globally is a trend we've been seeing with a number of e-commerce companies. Internet Retailer just recently released an article that compliments NexTag‘s move, which reports the global online population will increase by 43% by 2014. CPC Strategies Blog, August 24, 2010 Read More. |
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| NexTag on hiring spree
The comparison shopping site has just restocked its executive suite, hiring Bahman Koohestani as CTO, Shea Kelly as senior vice president of resources, and Scott Simmons as president in North America. VentureBeat, August 24, 2010 Read More. |
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| NexTag hires three for executive positions
"We're moving aggressively to fulfill NexTag's mission to be an indispensible shopping resource for consumers as well as a value-added marketing partner for merchants and manufacturers," says Jeffrey G. Katz, CEO of NexTag. "These new hires provide energy and fresh perspective necessary to help us seize the major opportunities we see ahead for the comparison shopping category." Internet Retailer, August 23, 2010 Read More. |
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| NexTag CEO raising profitable shopping site's profile
Comparison shopping site NexTag Inc. is a profit machine that has started to spend stockpiled cash on a growth strategy that calls for buying companies, upping headcount, tackling new business verticals and expanding internationally. The sweeping initiatives have been mapped out by new CEO Jeffrey Katz, the founding CEO of Internet travel company Orbitz. San Francisco Business Times, August 20, 2010 Read More. |
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| Executive brief: NexTag buys Wize
Congratulations to Wize! The consumer product recommendation engine was acquired by NexTag, a comparison-shopping firm, for an undisclosed sum. vator.tv, July 8, 2010 Read More. |
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| NexTag buys Wize to upsize review quantity
The acquisition of Wize is "one of a series of strategic initiatives" to boost the influence of NexTag in the online shopping sector. vator.tv, July 8, 2010 Read More. |
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| Shopping Site NexTag Buys Recommendation Engine Wize.com
Comparison shopping site NexTag on Thursday announced the acquisition of product review and recommendation engine Wize.com. Financial terms of the deal were not disclosed. NexTag is betting on Wize to bolster its search results, and increase shoppers' reliance on the site for buying guidance, according to Jeffrey Katz, chief executive officer of NexTag. Media Post: Online Media Daily, July 8, 2010 Read More. |
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| Comparison Shopping Site NexTag Acquires Product Review Engine Wize
For NexTag, Wize adds additional reviews to its comparison engine. While NexTag already provides user reviews, Wize will now aggregate other reviews into NexTag's platform. It's smart of NexTag to continue to enhance its platform... TechCrunch, July 7, 2010 Read More. |
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| TIME Magazine Names NexTag one of the "50 Best Websites 2008" ... We like NexTag because of its speedy, comprehensive search results and integrated product reviews ... we dig NexTag for its no-nonsense approach that's all about finding you the best deal. And unlike its competitors, NexTag graphs the price history of each product you research, so you can see if prices have gone up or down in recent months. Time.com, June 16, 2008 Read More. |  |
| NexTag Ranked #2 in Holiday Customer Satisfaction NexTag scores second place in customer satisfaction in Nielsen Online's Holiday Survey. 87% of respondents reported being "very satisfied" with NexTag, followed by 86.6% of respondents being satisfied with Amazon, and 84.3% with Yahoo Shopping. Netflix topped the list with a score of 90.3%. Nielsen Online, December 19, 2007 Read More. |  |
| A Universe of Gadget Advice NexTag, at www.nextag.com, features a clean interface for searching thousands of online vendors by product name...NexTag and Google include seller ratings, which are intended to lower the risk of buying from unknown vendors...NexTag has a little chart for each product showing how prices have dropped. (Prices hardly ever go up for electronics.) New York Times, December 13, 2007 Read More. |  |
| NexTag Sells Stake to Private Equity Providence Equity Partners Inc. has acquired a majority stake in comparison-shopping site NexTag Inc. for about $830 million. The Wall Street Journal, June 9, 2007 Read More. |  |
| Which Shopping Site Is Best? NexTag was our favorite, as it was easy to use and consistently delivered the lowest prices. SmartMoney.com, April 26, 2006 |  |
| Waiting for Just the Right Moment to Take Out the Wallet "NexTag has a number of useful features to help you track price cuts. It e-mails you when a product finally drops to the price you are willing to pay. The site also lists products that recently had price cuts, [and] displays price history charts." The New York Times, February 11, 2006 Read More. | |
| Comparison-shopping sites search for the best deals online. A stand-out: NexTag.com, whose price-history feature charts the highest, median, and lowest prices of products, so you know when you're getting a steal. Real Simple magazine, November 2005 Issue |  |
| 6 | Holiday Bargain Shopping Time Saved (peak season): Up to 4 hrs Instead of store-hopping to score the best deal on that digital camera for Dad... click on NexTag.com. Even better, enter the highest amount that you'd be willing to spend and via their "price alert" feature, you'll be notified if the price drops in your desired range. Women's Health, November/December 2005 Issue |  |
| Deal Finders NexTag (www.nextag.com) offers an interesting tool: a price history chart showing a product's cost over time so you can get an idea of whether you should wait to buy. And it includes a downloadable Internet Explorer toolbar to give you instant access to its search engine. PC World Magazine, December 2005 Issue Read More. |  |
| Attention Internet Shoppers: The Web's Best Product-Comparison Sites [An] innovative approach can be found on NexTag.com. The site's range of consumer information is a bit more extensive than other high-powered comparison sites. For instance, consumers can explore mortgage and financial services, automotive sales, and travel bargains. Clicking on the 'More' link in the index will call up an exhaustive listing of products from A to Z. CIO Today, November 1, 2005 Read More. |  |
| Connecting With Teens About Money Use the Internet for a lesson in thrift. A host of online price-comparison shopping sites, such as NexTag, are good ways to show kids how to compare prices, products and reviews. A recent search of "portable MP3 player" on NexTag, for instance, yielded more than 1,200 results, with prices ranging from $19 to $1,100 from a variety of merchants. Searching for the best deal is a good homework assignment for kids, says Rafael Ortiz, NexTag co-founder. Dow Jones Newswires, July 21, 2005 |  |
| NexTag UK Grows Up Fast In a little more than six months of operation, NexTag UK has attracted 1 million unique users to its online comparison-shopping service in Britain and become one of the top five shopping sites in that market. DM News, April 18, 2005 Read More. |  |
| NexTag surviving, thriving ...Now, NexTag is growing and thriving. It has been profitable every quarter since 2001 and boasts 250 employees, up 130 from a year ago. "They've built a nice business," said Scott Kessler, Internet analyst at Standard & Poor's. "I see no signs of them slowing down," agreed Chris Sherman, a writer at Search Engine Watch, who has studied the sector. San Jose Mercury News, April 8, 2005 Read More. |  |
| "NexTag, which saw traffic jump 49 percent in January, is on track to generate more than $100 million in sales this year..." CBS.MarketWatch.com, March 1, 2005 Read More. |  |
| The Best Web Shopping Sites Mike Ferrara, "The Lazy Homeowner," touts NexTag.com as one of the best shopping sites on the Web, and showcases NexTag's exclusive Price History and Price Alert features. KARE 11 (NBC) Today Show, February 25, 2005 View Clip. |  |
| NexTag: Next step -- building a big company "We focused on making comparison shopping for technology products work. Ten months later we were profitable," [Ojha] said. Once profitable, the firm was able to add comparison shopping in many categories other than technology, from automobiles and mortgages to education. San Francisco Business Times, February 11, 2005 Read more. |  |
| Holiday Sales Show E-Commerce Alive and Well "This holiday season marked a turning point for e-commerce in the sense that the broad base of consumers exhibited a significant increase in its recognition and acceptance of the Web as a viable alternative to traditional brick-and-mortar retail outlets," Purnendu Ojha, CEO and co-founder of NexTag, one of the fastest growing online comparison shopping sites, said. E-Commerce Times, January 12, 2005 Read more. |  |
| Digital Discounts "What a difference a year makes, when it comes to prices of electronics gadgets. As crowds gather this week in Las Vegas for the annual Consumer Electronics Show, a new survey by the comparison-shopping site NexTag.com shows that some of the hottest items featured at last year's show have dropped an average of 41% from the manufacturer's initial suggested retail price." The Wall Street Journal, January 6, 2005 Read more. | |
| Cool stuff for stockings; Digital tips for Santa's Helpers "The best reviews may come from comparison shopping sites such as ... nextag.com." U.S. News & World Report, December 11, 2004 |  |
| Easier Shopping Around -- Online "They're called comparison-shopping sites, and what they do is exactly that -- they crawl through the Internet to findthe best product prices. Instead of going from one store's Web site to the next, shoppers can get all their informationin one place at the comparison site." BusinessWeek Online, December 8, 2004 |  |
| "NexTag (www.nextag.com) is a shopping site that lets you search for services as well as products. Some other searchservices do only products. This turned out to be a good service for ideas, as it suggested alternatives to what we werelooking for." The Kansas City Star, December 7, 2004 |  |
| Filling holiday stockings with discounts, rebates "First, if I have some idea of what I want to get, I start at a comparison site like ... Nextag.com..." Chicago Tribune, November 27, 2004 |  |
| No lines online NexTag pulls product information from about 3,000 merchants ... Our DVD player search brought back 1,459 matches. [NexTag's] interface is clean and uncluttered. The site offers all the features that are becoming standard: user reviewsand an automatic price calculator that can tell you how much something will cost with tax and shipping. A price alert isanother nice feature. A "deals and coupons" section can save money, and the "recently viewed" link is handy. Special feature: A price history graph for many products, so you can see if you're buying high or low. San Jose Mercury News, November 22, 2004 | |
| Travel search sites comb web for bargains "Sites like ... online comparison shopping firm NexTag work like referral services,combing the web for bargains and showing customers where to find them." Reuters, October 6, 2004 |  |
| Lost in Traffic "By focusing on sites that send valuable customers, some merchants can see hugereturns. For example, Mr.Golden says that for every $100 in sales thatHomeclick gets from comparison shopping sites, he spends less than $10 inreferral fees. At sites that perform particularly well for him such as NexTag,of San Mateo, Calif., he pays less than $5 in referral fees for every $100 insales." The Wall Street Journal, July 26, 2004 | |
| Red Herring 100 Winners "Every year, Red Herring's list of the technology industry's top 100 companies surprises the business world. This year is no different. The list once again sets the standard as the industry's definitive list of private technology companies impacting the market place, revealing where new fortunes are likely to be made." Red Herring, May 13, 2004. Read more. |  |
| Strong start to the season, E-tailers net more shoppers San Francisco Chronicle, December 2, 2003 Read more. |  |
| NexTag Helps Small Merchants Ring in Holiday Season Ecommerce Guides, December 2, 2003 Read more. |  |
| Online Search Engines Rev Up for Holidays "...Which is why NexTag.com was particularly helpful last year when she bought a Palm Pilot as a Christmas present. She doubts she would have saved $40 on the gift, if not for NexTag's guidance." Associated Press/Miami Herald, November 26, 2003 Read more. |  |
| NexTag venue offering more for shoppers Oakland Tribune, May 19, 2003 |  |
| Web sites to help you find the best prices online Newsweek.com, April 28, 2003 |  |
| NexTag Profitable for Sixth Straight Quarter InternetNews.com, April 07, 2003 Read more. |  |
| Best of the Web "It's easy to find merchants with the lowest priced products here." Forbesbest.com, March 20, 2003 Read more. |  |
| "This shopping search engine has a clean, Google-like interface. But the results it returns blow Froogle away...Add it all up, and NexTag gave me a far better information for my online shopping search" Business Week Online, Janurary 14, 2003 Read more. | |
| In the Great Web Bazaar A purer model is offered by NexTag.com, an auction site that at present deals primarily in new computers and consumer electronics but has plans for much bigger things. Purnendu Ojha, its co-founder and boss, describes NexTag's goal as nothing less than eliminating the "deadweight loss in the supply/demand curves caused by fixed pricing." Economist.com, February 24, 2000 Read More. |  |
| We're Off to the Online Mall Only five years ago, in the pre-Amazon era, almost nothing was bought online. But extrapolate the past five years' growth, and it is easy to believe that by 2010 close to a fifth of American retail spending could be carried out over the Internet. And for things like books, music, films, toys, white goods and cars, the share seems likely to be much, much bigger. And who will be handling this business? No doubt there will be many names that are already familiar today ... There will be plenty of less familiar participants too: firms such as NexTag, Accompany, RuSure and Dealtime. Economist.com, February 24, 2000 Read More. | |
| Best of the Web "...Using your zip code, NexTag calculates tax and shipping for each respective merchant." Forbesbest.com, February 2000 | |
| Reviving the Fine Art of Haggling, Online "I used Nextag.com to find the best online prices for five other books I wanted..." The New York Times on the Web, January 20, 2000 | |
| Let the Cyber Buyer Be in Control Business Week Online, November 8, 1999 | |
| Beating Down Internet Prices Many Internet entrepreneurs try to mimic the dismal science by building ever more perfect marketplaces. First came online auctions ... Now a Silicon Valley start-up, NexTag.com, has come up with an even better way of setting prices. Economist.com, September 16, 1999 Read More. | |
| Private Profiles: Nextag "[NexTag] takes the intellectually (and, it turns out, financially) satisfying innovations of eBay and Priceline.com and advances them to a new level of market-making beauty." ComputerLetter, Technologic Partners, August 23, 1999 |  |
| Online Sellers Compete for Buyers At NexTag.com "The privately held NexTag .com also announced today that Morgenthaler Ventures, a 30-year-old technology investment firm, pumped $4 million (US$) into the startup, completing its first round of financing." E-Commerce Times, August 9, 1999 | |
| People Power Is Waking Up Old Web Services "...the new sites aren't simply product listing guides. Instead, they're true shopping services that help buyers find products and services and work with sellers to target the right customers, decide what to sell, and set pricing." Business Week Online, August 9, 1999 | |
| New Service Targets Priceline, CNet "Essentially, NexTag aims to make itself valuable as a middleman, promoting virtual transactions made possible by new technologies." C|Net, August 7, 1999 |  |