Taboola Signs Exclusive Deal with Foundry to Power Content Recommendations Across its Network of Consumer Sites Including Macworld, PCWorld, TechHive, Tech Advisor, and More
May 29 2024 - 9:00AM
Taboola (Nasdaq: TBLA), a global leader in powering recommendations
for the open web, today announced a partnership with Foundry, the
media, data, and martech division of IDG, Inc., which garners 28
million monthly visitors.
Foundry is utilizing Taboola’s suite of products across its
global digital Consumer properties, including Macworld, PCWorld,
TechHive, Tech Advisor, PCWelt and M3. Taboola aims to grow
Foundry’s large audience, optimize user engagement, and drive
revenue. Foundry has implemented Taboola Feed, a seamlessly
integrated feed that provides readers with personalized
multi-format content recommendations for an engaging experience
into the publisher’s family of news websites and article pages. In
addition, Foundry has also adopted Taboola’s Explore More, an
offering designed to increase session depth and engage users
visiting publisher sites directly from social media and apps.
Taboola allows Foundry to provide personalized user experiences
across these touchpoints, optimizing content recommendations to
improve user engagement.
“At Foundry, we’re always looking for ways to improve our
digital properties for the millions of readers at the forefront of
tech innovation,” said Christian Löbering, Managing Director -
Consumer, at Foundry. “We chose to partner with Taboola due to its
various offerings, including Feed and Explore More. We’re excited
to have Taboola on board as a key discovery partner to help us
continue to grow.”
“Foundry is home to some of the most reputable technology sites
in the world, and I’m honored that they’re trusting us to grow and
further engage their audience,” said Adam Singolda, Founder and CEO
at Taboola. “I’m looking forward to this new partnership and
helping Foundry achieve their goals.”
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 Yahoo, CNBC, BBC, NBC News, Business Insider,
The Independent and El Mundo.
Around 18,000 advertisers use Taboola to reach nearly 600
million daily active users in a brand-safe environment. Taboola is
a leader in powering e-commerce recommendations, driving more than
1 million monthly transactions, with leading brands including
Walmart, Macy’s, Skechers and eBay among key customers.
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 in the Company’s Annual Report on Form 10-K for the year
ended December 31, 2023 under Part 1, Item 1A “Risk Factors” and
our subsequent filings with the Securities and Exchange Commission.
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.
Contact: Dave Struzzi, dave.s@taboola.com
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