Bulletin
Investor Alert

press release

Feb. 8, 2022, 9:00 a.m. EST

Taboola Signs AP to Three-Year Deal to Power Recommendations and Reader Insights with Taboola Newsroom

NEW YORK, Feb 08, 2022 (GLOBE NEWSWIRE via COMTEX) -- NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Taboola /zigman2/quotes/222105990/composite TBLA -1.67% , a global leader in powering recommendations for the open web, helping people discover things they may like, today announced a new deal with The Associated Press ( AP ), a leading independent global news organization dedicated to factual reporting.

This new agreement marks seven years that Taboola and AP have worked together. The news organization has utilized several Taboola products, including Taboola Feed, a seamlessly integrated feed that provides readers with personalized content and targeted advertisements, to generate meaningful revenue and increase audience engagement.

In addition, AP will continue to use Taboola Newsroom, a technology offering that uses advanced A.I. and readership signals from more than 500 million daily active users.

"We are pleased to continue our work with Taboola, whose end-to-end solution combines content recommendations with readership insights and new ways to monetize," said Lloyd Pawlak, AP global director of commercial services.

"The AP is one of the world's fastest and most accurate news sources," said Adam Singolda, CEO at Taboola. "Their journalism approach has high standards and we are grateful to mutually grow together over the past seven years. We are also grateful for their trust in our ability to keep audiences engaged and in our data to power nearly every aspect of their high caliber journalism-from ideation to validation."

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 CNBC, BBC, NBC News, Business Insider, The Independent and El Mundo.

More than 14,000 advertisers use Taboola to reach over 500 million daily active users in a brand-safe environment. Following the acquisition of Connexity in 2021, Taboola is a leader in powering e-commerce recommendations, driving more than 1 million monthly transactions each month. Leading brands including Walmart, Macy's, Wayfair, Skechers and eBay are 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 under "Risk Factors" in our Registration Statement on Form F-4 and our other SEC filings. 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
        


COMTEX_401990169/2471/2022-02-08T09:00:21

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

(C) Copyright 2022 GlobeNewswire, Inc. All rights reserved.

/zigman2/quotes/222105990/composite
US : U.S.: Nasdaq
$ 2.95
-0.05 -1.67%
Volume: 381,306
Aug. 15, 2022 4:00p
P/E Ratio
44.16
Dividend Yield
N/A
Market Cap
$717.43 million
Rev. per Employee
$802,143
loading...

Partner Center

Link to MarketWatch's Slice.