GoDaddy

GoDaddy launches new website builder for small businesses in India

GoDaddy launches new website builder for small businesses in India

New Delhi [India], Mar 29 : GoDaddy, the world's largest cloud platform dedicated to small, independent ventures, today announced the launch of GoDaddy's new Website Builder combining a mobile optimized website builder with an integrated set of marketing and e-commerce tools, making it easy for small businesses in India to attract visitors and drive results.

GoDaddy helps Pune-based Impace Systems expand globally

GoDaddy helps Pune-based Impace Systems expand globally

New Delhi [India], Feb. 22 : GoDaddy, the world's largest cloud platform dedicated to small, independent ventures, today announced that its suite of online tools designed to create and manage a digital presence, is enabling Impace Systems, a software design firm providing out-of-box software solutions, reach more customers in India and globally.

Using a domain name registered and hosted with GoDaddy, impace systems, the company has created a professional online identity that has helped them build credibility and drive business growth.

GoDaddy's revenue increases 17.5%

GoDaddy's revenue increases 17.5%

In its first quarter earnings report, GoDaddy again reported its unprofitable quarter. However, the company saw a rise in revenue and users. Its shares increased 5.5% in after-hours trading, prior to report of unprofitable quarter.

The company looks after over 59 million domain names and last month, it went public. According to the company, the number of customers increased 9% to 13.1 million at the end of the quarter. Revenue of the company increased 17.5% to $376.3 million during the quarter, beating analyst expectations.

But still a loss of $43.4 million has been posted by the company. On the other hand, Wall Street expects large growth, as it seems that GoDaddy could provide its services to businesses around the world, where the company is still developing.

GoDaddy shares increase

GoDaddy shares increase

According to Reuters, GoDaddy Inc. managed to raise $460 million by selling 23 million class shares, priced at $20 after its initial public offering (IPO). Shares of the company increased up to 34% following its IPO.

According to Ernst & Young official Jackie Kelley, "Even though GoDaddy is almost 20 years old, it's a growth company and it's cash flow-positive, which is what investors are interested in".

GoDaddy, a publicly traded Internet domain registrar and web hosting company headquartered in Scottsdale, Arizona, is concentrating on operations on small-business services, assisting in consumer-to-business and business-to-business transactions.

GoDaddy rocks in its trading debut

GoDaddy rocks in its trading debut

The 18-year-old company, which provides Internet domain-name registration and hosting services, has gained in its trading debut. The company has raised $460 million in a larger-than-expected initial public offering.

Shares of the company rose 31% to close at $26.15. GoDaddy, after offering 22 million shares for as much as $19 each, has ultimately sold 23 million shares for $20 each. GoDaddy had a market value of just more than $3 billion at the IPO price.

GoDaddy has pitched to investors that its customer base of small businesses looking for new websites will show growth. In 2014, the revenue has grown 23%, which was faster as compared to the rivals Endurance International and Germany's United Internet.

GoDaddy prices its IPO above previously indicated range

GoDaddy prices its IPO above previously indicated range

GoDaddy, which provides domain-name registration and hosting services, has priced its much-anticipated initial public at $20 a share Tuesday evening.

According to reports, the price is slightly higher than previously indicated $17 to $19 per share range. This would give the company a valuation of nearly $4.5 billion.

The company's shares will start trading Wednesday morning under the ticker symbol 'GDDY'. GoDaddy raised $440 million in the IPO, which it filed in June.

The web hosting company was founded in 1997 by Bob Parsons and raised its profile through Super Bowl commercials.

Currently, the company's advertising campaigns feature celebrities including race-car driver Danica Patrick and Israeli model Bar Refaeli.

GoDaddy looks for up to $2.87 billion valuation

GoDaddy looks for up to $2.87 billion valuation

GoDaddy Inc., a privately held domain registrar and web hosting company, is looking for a valuation of up to $2.87 billion in an initial public offering. According to a regulatory filing, GoDaddy is offering 22 million shares at $17 to $19 each to generate up to $418 million. And as per Thursday's filing, the company seeks a market value between $2.57 billion and $2.87 billion.

IPO of the company has come more than three years following a group led by KKR & Co. and Silver Lake Management purchased the Scottsdale, Arizona-based company for $2.25 billion. GoDaddy is all set to start marketing the sale to investors after fixing the price range.

GoDaddy admits being part of Twitter account hijacking

GoDaddy admits being part of Twitter account hijackingWashington, Jan 31 : GoDaddy has reportedly admitted to its role in the Twitter account hijack, accepting that its employee had fallen victim to a social engineering attack.

The company issued a statement saying that its review of the situation revealed that the hacker was already in possession of a large portion of the customer information needed to access the account at the time he contacted GoDaddy and used it against an employer to extort the remaining information.

GoDaddy considers India as growth engine for its global operations

GoDaddy considers India as growth engine for its global operationsGoDaddy is considering India as a growth engine for its global operations as the U. S.-based domain name & web hosting giant's customer base in the Asian country grew by an impressive 86 per cent since last summer.

James Caroll, senior vice president (International) at GoDaddy, said termed small & medium enterprises (SMEs) in India as a wonderful opportunity.

GoDaddy apologizes for service outage with 30% across-the-board discounts

GoDaddy apologizes for service outage with 30% across-the-board discountsOn Thursday, the Internet’s largest domain registrar GoDaddy revealed in an announcement that it is - as an apology to its customers for the recent service outage - offering 30 percent across-the-board discounts, which will be available over the next one week.

With the September 10 outage having led to the disruption of GoDaddy services for several hours, the company’s CEO Scott Wagner extended an apology to the customers, saying in an email that the company was aware that it has “let you down.”

GoDaddy restores service after major outage by Anonymous hackers

GoDaddy restores service after major outage by Anonymous hackersPopular web hosting company GoDaddy said in a late Monday statement that service to most of the affected customers of a major outage of countless GoDaddy websites - following an Anonymous attack - had been restored.




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