DailyCandy.Com = $25 MIllion A Year

March 23, 2007 at 7:28 pm Leave a comment

New Yorkers who pride themselves on being in the know about the newest restaurants, hottest nightclubs and must-hit sample sales never miss DailyCandy e-newsletters. In the six years since Dany Levy launched DailyCandy New York, it has become a powerful trendsetter that regularly bestows stardom on little-known businesses. Advertisers are rabid over it. DailyCandy has been profitable since the fourth quarter of 2001. Last year, Ms. Levy sold a minority stake in the company, which was valued at $130 million. The company, which e-mails its free newsletters to more than 2 million subscribers, expects to generate revenues of $25 million this year.


Entry filed under: Internet Startup.

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About Biz News

My Name is Bisi and this is my blog This blog features stories that I have read that I think are interesting . I usually bookmark the stories that I find interesting but they are getting too many . I have decided to catalog and share them on this site . I am not really promoting the site so you might have accidentally stumbled on it . Thanks for visiting .
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