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Old 02-09-2016, 01:26 PM   #1
Ford17
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Default caradvice.com.au sold for $35M

caradvice.com.au has been reportedly bought by Channel 9 for $35M:

http://www.news.com.au/technology/in...db58ed2007e930

A bit of an eye-opener - would never have thought an automotive website could be quite so valuable.
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Old 02-09-2016, 01:28 PM   #2
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Default Re: caradvice.com.au sold for $35M

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Originally Posted by Ford17 View Post
caradvice.com.au has been reportedly bought by Channel 9 for $35M:

http://www.news.com.au/technology/in...db58ed2007e930

A bit of an eye-opener - would never have thought an automotive website could be quite so valuable.
It isn't, it's a tax writeoff for Nine and they get some IP in the process.
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Old 02-09-2016, 01:34 PM   #3
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Default Re: caradvice.com.au sold for $35M

Given some of the over the top prices some websites command I would have thought it would have been worth a lot more.
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Old 02-09-2016, 03:05 PM   #4
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Default Re: caradvice.com.au sold for $35M

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It isn't, it's a tax writeoff for Nine and they get some IP in the process.
American private equity bought nine a few years ago now.
Probably some bankers want their money back.

Very sad to see a once great Australian company run by great people in the sad state it is in now, slowly being ripped to pieces.
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Old 03-09-2016, 09:12 PM   #5
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Default Re: caradvice.com.au sold for $35M

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Originally Posted by Ford17 View Post
caradvice.com.au has been reportedly bought by Channel 9 for $35M:

http://www.news.com.au/technology/in...db58ed2007e930

A bit of an eye-opener - would never have thought an automotive website could be quite so valuable.

Yeah what a story! Alborz was in the WRX club with us and then registered that domain for $35 just for fun. He then turned it into something truly great. The little bugger even got to test drive a Veyron!
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Old 07-09-2016, 01:08 AM   #6
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Default Re: caradvice.com.au sold for $35M

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Yeah what a story! Alborz was in the WRX club with us and then registered that domain for $35 just for fun. He then turned it into something truly great. The little bugger even got to test drive a Veyron!
Alborz and his mates from caradvice are SEM and SEO geniuses! That knowledge has basically made the website what it is now - that and good write ups.

Bloody well done!
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Old 07-09-2016, 05:25 AM   #7
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Default Re: caradvice.com.au sold for $35M

You can't deny CarAdvice commercial success - great photos and well designed website. As for the quality of car reviews - it is a website that is paid for by advertising from car manufacturers . Some reviews are more like infotainment than a critical review. VAG vehicles are their favourites .
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Old 07-09-2016, 10:08 AM   #8
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Default Re: caradvice.com.au sold for $35M

Good on them. They went after the web space and caught the magazines napping. Havent read a mag in a long time. Read CA almost every day.
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Old 07-09-2016, 07:27 PM   #9
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Default Re: caradvice.com.au sold for $35M

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Good on them. They went after the web space and caught the magazines napping. Havent read a mag in a long time. Read CA almost every day.
Same, I find their reviews to be refreshing and relevant, without all the tribal Holden vs ford bs.And they review everything from cheap to the veyron.
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Old 08-09-2016, 12:57 PM   #10
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Default Re: caradvice.com.au sold for $35M

Wonder what Fraud Australia would pay for fordforums.com.au
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Old 08-09-2016, 06:29 PM   #11
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Default Re: caradvice.com.au sold for $35M

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Wonder what Fraud Australia would pay for fordforums.com.au
Ask Russ - sure he'd tell you all about it......
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