Investing.com acquires Streetinsider.com for breaking news on equities

1 year ago 198

Investing.com has completed the acquisition and integration of Streetinsider.com, which specializes in breaking news on equities, to further equip retail investors with the tools and information they need to make better investing decisions.

The world’s largest platform for financial data, tools, and news – accessed by more than 60 million retail investors monthly – bought StreetInsider, to expand its content offering with breaking headline feeds of market-moving news, analysis, and exclusive insider information.

Investing.com will embed StreetInsider’s core news services

StreetInsider.com has been providing elite investors with a real-time, inside look at the markets since 1999. The outlet separates itself from other news services in its commitment to producing the quickest commentary of market-moving events around the world.

As part of the acquisition, Investing.com will embed a variety of StreetInsider’s core news services into the company’s mobile apps and website serving over 690 million users globally.

StreetInsider.com features several popular feeds, including Hot list, Rumors, Trader talk, Momentum Movers, and Trading Halts, which be at display in a combination of free and pay-wall-gated content, available to InvestingPro subscribers, the premium subscription service from Investing.com.

StreetInsider will continue to operate as a stand-alone service, keeping selected feeds exclusively available through StreetInsider only.

Acquisition builds on last year’s last of InvestingPro

The purchase builds on last year’s launch of the premium subscription service Investing Pro, offering retail investors enhanced financial tools at an affordable price, empowering them to more effectively compete with institutional investors. InvestingPro is the result of Investing.com’s acquisition of Finbox, which provides up-to-date information on publicly traded companies and a large repository of valuation models and risk metrics.

Investing.com offers real-time data, quotes, charts, financial tools, breaking news, and analysis across 250 exchanges around the world, covering stock markets, commodities, cryptocurrencies, world indices, bonds, funds, ETFs, and world currencies.

Its domain was famously purchased in December 2012 for $2.45 million in one of the most expensive domain deals in history. Traffic skyrocketed from 50 million pageviews per month in 2013 to more than 4 billion today.

Deepening the efforts of differentiating Investing.com

Lon Juricic, founder of StreetInsider, said: “StreetInsider is thrilled to join the Investing.com team in the quest to level the playing field for all investors. 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.”

Shlomi Biger, Chief Product Officer at Investing.com, commented: “The acquisition of StreetInsider is testament to Investing.com’s plans to invest more in premium breaking news and to make it accessible and affordable for all. Whether it be free access through Investing.com or affordable access through our InvestingPro subscription service, we are enabling millions of users globally to continue taking advantage of game-changing tools that can help them unlock the true potential of successful trading in financial markets.”

Ding’An Fei, Founding Partner at Joffre Capital, owner of Investing.com, added: “This is another step of a journey where we continue to deepen the efforts of differentiating Investing.com with valuable, market-moving and breaking information. This acquisition reinforces our vision of empowering retail investors with data, tools and content they need to make informed financial decisions, especially during times of volatile markets.”

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