PriceGrabber.com is a price-comparison shopping site and distributed content commerce service founded in 1999 by former CEOs Kamran Pourzanjani and Tamim Mourad. The company partners with merchants, retailers, and sellers to provide information on a wide range of products. PriceGrabber.com was the first comparison-shopping engine to project tax and shipping cost information for a consumer during the price comparison process.
Acquisitions
In 2005, PriceGrabber was acquired by
Experian
Experian is an American–Irish multinational data analytics and consumer credit reporting company. Experian collects and aggregates information on over 1 billion people and businesses including 235 million individual U.S. consumers and more t ...
for $485 million, negotiated by then-CEO and founder of the company,
Kamran Pourzanjani
Kamran Pourzanjani is an entrepreneur and an early angel investor based in Los Angeles, California. He co-founded and was formerly the CEO of PriceGrabber, a comparison shopping site started in 1999 with less than $1.5 million in angel funding. I ...
, along with Tamim Mourad, in 1999.
In 2012, Experian agreed to sell PriceGrabber at a significant loss to Indian group
Ybrant Digital
The Brightcom Group is a digital marketing company founded in 2000 and headquartered in Hyderabad, India with offices in US, Argentina, Brazil, Chile, Uruguay, Mexico, UK, France, Germany, Sweden, Ukraine, Serbia, Israel, China, India, and Aus ...
.
After the sale fell through,
Experian announced in October of that year that it had completed the sale of PriceGrabber, LowerMyBills, and ClassesUSA.com to the management team of those businesses for an undisclosed amount.
In June 2015, Connexity (formerly
Shopzilla
Connexity (formally Connexity Inc.) is a privately held Los Angeles operator of shopping web sites, including Shopzilla.com. Originally started as comparison shopping website Bizrate.com, the company changed its name to Shopzilla in 2004, and ch ...
) announced it had purchased PriceGrabber, Inc. for an undisclosed amount.
References
External links
*
Comparison shopping websites
{{commerce-website-stub