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The Kelsey Report® Advisory

LookSmart's Express Submit
Daniel N. Miller , 12/6/2000

Issue: How LookSmart Is Growing Its Listings Business

News:  In this Advisory, TKG takes a look at LookSmart Ltd., a company that characterizes itself as "the global leader in building and monetizing Internet directories." Indeed, in its most recent quarter, ended September 30, its revenues exceeded $33 million. This compares with revenues of roughly $45 million for all of 1999 and reflects a quarter-to-quarter growth rate of roughly 25 percent in 2000.

Revenues from listings reached $3.3 million during the third quarter. This is more than double the revenue in this category compared to the previous quarter. Moreover, it was during the third quarter, in late July, that LookSmart introduced Express Submit, ostensibly its first listings product.

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