Affiliate marketing specialist XLMedia has confirmed that it will address concerns over Google’s changes to its search algorithm by increasing the speed at which it implements a range of its strategic initiatives. Last month, XLMedia issued a warning regarding the recent updates to algorithms on Google, stating that the changes could hinder the group’s revenue. In a statement on its …
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Affiliate marketing specialist XLMedia has warned that the recent updates to algorithms on Google could hinder the group’s revenue. Publishing a trading update, XLMedia explained that its site demotions within Google were done manually. This was despite it coinciding with search algorithm changes, which were rolled out on 13th January. “On 18 January 2020, the company became aware that a …
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Affiliate marketing publisher XLMedia has outlined plans to bolster its global expansion strategy as confirmed in a business trading update for the remainder of 2019 and the full year to 31 December 2020. Outlined in the trading update was a number of strategic initiatives that XLMedia looks to pursue following a two month internal review initiated by newly appointed CEO …
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Affiliate marketing publisher XLMedia has confirmed that its newly appointed CEO Stuart Simms has joined the company’s Board of Directors with immediate effect. Simms, who will hold the position of Director of the Company, joined XLMedia on 2 October replacing the digital performance marketing services provider’s co-founder and long-serving chief executive Ory Weihs. Weihs will continue to support the XLMedia Board, …
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London AIM-listed industry affiliate marketing publisher XLMedia Plc has confirmed that Yehuda Dahan has informed corporate governance of his decision to step down as Chief Financial Officer (CFO) with immediate effect. Updating stakeholders, XLMedia governance has moved to install Liat Hellman, the current financial lead of subsidiary portal Webpals, as his interim replacement. Led by Chairman Chris Bell, the XLMedia …
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The governance of London AIM-listed industry affiliate marketing publisher XLMedia Plc has confirmed the sale of Webpals Mobile, the firm’s app marketing subsidiary to Israel-based ad-tech and SaaS solutions provider PLYmedia. XLMedia governance has chosen not to disclose the terms of sale related to the transaction, detailing that company maintains its long-term strategy of focusing on ‘higher-margin publishing activities’. ‘Webpals …
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Rakuten‘s Stuart Simms has been confirmed as the new chief executive officer for digital performance marketing services provider XLMedia, replacing Ory Weihs from October 2. Weihs is due to continue his position as CEO until Simms’ arrival, and thereafter will remain on the board as a Non-executive Director of the Company. From the date of Simms’ appointment, Weihs will continue to …
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Digital performance marketing services provider, XLMedia, has reported a “challenging year” after its full year report, ending 31 December 2018, saw revenues, gross profit and EBITDA take a hit. The group attributed this primarily to “operational challenges”, with its 2018 performance impacted by the “adverse impact of gambling regulation uncertainty in specific territories, website ranking issues impacted by spamming and …
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London AIM-listed affiliate marketing network, XLMedia Plc has confirmed the appointment of Shaun O’Neill as new Head of Sales with immediate effect. An industry veteran in affiliate marketing and player acquisition strategies, O’Neil joins XLMedia senior management team from Kindred Group, where he formerly served as Head of Affiliate Marketing for iGame and Kindred new brands. O’Neil has further industry and affiliate marketing experience …
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XLMedia has unveiled its interim results for the first half of 2018 (six month period ending 30 June), detailing that a string of acquisitions will allow the firm to hit annual targets its has previously forecasted. As a result of its ongoing acquisitions strategy and tougher regulatory conditions for incumbents, XLMedia’s gross profit amounted to $33.5 million, a slight decrease …
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