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Following the success of the inaugural issue which hit newsstands last October.
Industry News
Industry News
Future plc this week announces the acquisition of Mozo, a leading Australian personal finance comparison site.
Mozo is recognised for simplifying the money maze by providing insightful expert written content and best in class product data that save consumers time and money, says its new owners.
Based in Sydney, Mozo has been operating in the money marketplace for over a decade. FY20 was a record year with over 20% revenue growth to AUS$11m.
According to Future, the acquisition will support its global growth ambition by:
Enabling a price comparison revenue stream as a spoke to its wheel
Zillah Byng-Thorne, CEO of Future, said: “We’re delighted to be adding MoZo to the Future family. We are seeing the increasing convergence of content and price comparison and this acquisition supports our global growth ambition in this area.
“We believe Future’s expertise in search and proprietary tech platform, combined with the taxonomy and price comparison expertise in new content areas could provide a market leading combination.
“Mozo is a great cultural fit for Future – they are disruptors who produce fantastic financial content and advice with the passion and dedication that comes from being part of the audience and genuinely loving what you are writing about.”
Following the success of the inaugural issue which hit newsstands last October.
Content is a precious commodity for publishers, meaning instances of illegal copying come at a cost. Here, in the first of two articles, Matt Aspinall,
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