IAC Keeps Growing After Vimeo Spinoff
Total revenue increased 25.9% YOY to $829.4 million (-8.0% vs. consensus), driven by broad based growth across all operating segments including ANGI Inc. (12.2%), Dotdash (64.3%), Search (39.8%) and Emerging & Other (15%).
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Dotdash is IAC's fastest-growing business
Analysts estimate that the digital media company is worth roughly $2 billion.
Parts of this is that IAC is investing in Dotdash according to these articles and is a contributor of growth at IAC.