Answers Acquires Online Merchant Review Service ResellerRatings
Q&A site Answers today announced that it has acquired ResellerRatings, a site that calls itself “the web’s leading independent resource for helping shoppers find the best online retailers.” ResellerRatings currently features about 1 million reviews of just under 40,000 online stores. The site gets about 2 million monthly visitors who add around 1,000 new merchant ratings to the site every day. Answers CEO David Karandish says that his company acquired the service to solidify its “leadership in the fast-growing Q&A space and to help consumers find answers to whatever they are searching for online.” The two parties did not disclose the financial details of today’s transaction. Both Answers and ResellerRatings are basically Internet dinosaurs. Both companies were founded all the way back in 1998 and both have been through numerous changes since. ResellerRating’s CEO Scott Wainner actually founded his first site, SysOpt.com, when he was just 15. He then sold that site and Reselle...