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FOR IMMEDIATE RELEASE
LIVEDEAL.COM AND VAST.COM FORM RELATIONSHIP; LIVEDEAL TO FEATURE MILLIONS OF LISTINGS FROM VAST.COM ACROSS KEY VERTICAL CATEGORIES
Relationship Combines Vast.com’s Aggregation Model with LiveDeal’s Best-of-Breed
Classifieds Platform to Create a Superior Classifieds Solution
SANTA CLARA, Calif., Oct. 5, 2006 – LiveDeal.com, (www.livedeal.com), one of the nation’s leading free local online classifieds sites, announced today it has formed a relationship with Vast.com, the largest and fastest-growing aggregator of online classifieds content. With this relationship, the millions of listings on Vast.com – including automobiles, vacation rentals, real estate, pets, merchandise, and a number of additional key vertical categories, will be seamlessly integrated into the LiveDeal platform. This relationship creates a wealth of new inventory for buyers visiting the LiveDeal.com site seeking items in their local areas.
According to comScore Media Metrix, online classifieds is one of the Internet’s fastest growing categories, with LiveDeal.com ranking among the category leaders. While the online classifieds category as a whole grew at 47 percent over the past year, LiveDeal’s growth in that same period was 104 percent.
“By combining Vast.com’s aggregation model with LiveDeal’s best-of-breed online classifieds platform, we’re creating a hybrid model with a consistent user experience that will enable us to offer a superior classifieds solution that, importantly, builds community,” said Rajesh Navar, founder and CEO of LiveDeal. “This is one more reason consumers can turn to LiveDeal.com as the Internet’s ‘must-visit’ local classifieds site for buying and selling in their local areas.”
"Vast.com provides tens of millions of listings from nearly a hundred thousand sites,” said Naval Ravikant, CEO of Vast.com. “We’re excited to combine the Vast feeds with the LiveDeal platform, which will provide consumers access to the largest database of searchable classified listings on the web. These millions of listings will enable LiveDeal users to find exactly the items they seek, regardless of where they appear." |
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| About LiveDeal |
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LiveDeal is one of the leaders in the free local online classifieds market with more than $5 billion worth of goods listed for sale, in every city and zip code across the U.S. Buyers and sellers come together through the vast LiveDeal.com marketplace, which is ideal for trading items you want to see or try before you buy, such as automobiles, furniture, appliances, real estate and more. LiveDeal is also the perfect place for sellers seeking to place pets in loving homes and for buyers to find the pet of their dreams. LiveDeal has also joined forces with Pets 911 to increase pet adoptions from shelters. LiveDeal partners with online and offline media to quickly and cost effectively power their classifieds via its dynamic LiveDeal classifieds platform. LiveDeal was founded in 2003 by Rajesh Navar, an original member of eBay’s engineering team, with executives from other pioneering Internet companies. As part of its global expansion, LiveDeal recently launched LiveDeal Canada (livedeal.ca) in partnership with Torstar Corporation and Gesca Ltd. For more information about LiveDeal, see www.livedeal.com.
About Vast.com
Vast.com maintains and distributes the largest database of fresh online classifieds, re presenting tens of millions of listings crawled from hundreds of thousands of sites. The database encompasses all categories including cars, jobs, real estate, pets, and many more. Vast.com finds listings anywhere on the web, automatically categorizes them, then distributes them to where they belong. Want to feature only low-mileage, late-model Hondas from Poughkeepsie, NY? Vast.com can help you do it. Founded in 2003, Vast.com has offices in San Francisco, California, Belgrade, Serbia, and Dublin, Ireland. For more information about Vast.com, see www.vast.com.
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Media Contacts:
If you are a news reporter with a question about LiveDeal, contact:
Kathy Wilson
781-652-0499

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