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IAC's Vimeo aims for $100 million in revenue this year: CEO

February 23, 2018
BY Reuters - Pushkala Aripaka and Laharee Chatterjee

IAC/Interactive Corp’s video hosting service Vimeo is targeting 1 million in paid subscribers and more than $100 million in revenue in about a year, its chief executive officer said in an interview.

Vimeo, which offers cloud-based video hosting, editing and sharing tools to individuals and business customers, had 873,000 paid subscribers at the end of the fourth quarter, up 14 percent from a year earlier.

Continue reading the original article at Reuters.

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