Yippy, Inc. (YIPI)

[Lilrichy487]

UncleJonez Member Profile UncleJonez

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Tuesday, June 12, 2012 6:00:01 PM
Re: None
Post # of 13001
Yippy has just formed a strategic partnership with Gale Cengage which owns HighBeam.com and Encyclopedia.com. These are extremely high-traffic sites, which will expose an extra 2 million users a month to Yippy's platform. Gale Cengage, is an educational powerhouse with $2 billion in annual revenue to its private equity owners Apax Partners who purchased Gale Cengage from Thomson Reuters for 7.6 Billion in 2007. What caught our eye in this deal is the magic phrase "revenue-sharing approach!" A 7.6 billion dollar company sharing revenue with Yippy is quite amazing and points to the class of companies that want to associate with Yippy.

Older news but lets not forget it.