Internet Group

Internet Group do Brasil Ltda.
Company typeSubsidiary
IndustryOnline services
Founded2000
HeadquartersSão Paulo, Brazil
ProductsSocial networking
Online service provider
Online media
RevenueIncrease $149.6 million (2010)
Increase $21.7 million (2010)
Number of employees
430
ParentOnGoing
Websiteig.com.br

Internet Group do Brasil (iG) is a Brazilian Internet service provider that owns and operates web portals and provides a variety of services, including news, shopping and financial information.[1] iG offered free e-mail accounts until 2016.[2]

At the time it was bought in March 2012, iG was the fifth-largest portal in Brazil, with 23.5 million unique monthly visitors.[3]

History

iG was founded on January 9, 2000, by GP Investments and Banco Opportunity. It gained popularity by offering free dial-up access.[citation needed]

In May 2004, Brasil Telecom (then a subsidiary of Oi since 2009) acquired iG for approximately $100 million.[4] In April 2012, Oi sold iG to Portuguese investment company Ongoing Strategy Investments SGPS SA for an undisclosed sum.[5][3]

See also

References

  1. ^ "Company Overview of Internet Group do Brasil S.A." Bloomberg Businessweek. Archived from the original on June 21, 2014. Retrieved 21 June 2014.
  2. ^ Rosa, Giovanni Santa Rosa (2021-08-09). "Globo.com anuncia fim do serviço de e-mail e provedor de internet". Tecnoblog (in Brazilian Portuguese). Retrieved 2022-08-24. O iG, por exemplo, bloqueou as contas gratuitas em 2016 e passou a cobrar pelo serviço.
  3. ^ a b Maurer, Harry (15 April 2012). "Portugal's Ongoing Closes Deal to Buy IG in Brazil, Folha Says". Bloomberg Businessweek. Archived from the original on June 21, 2014.
  4. ^ "Brasil Telecom Compra o iG por US$ 100,7 Milhões". O Estado de S. Paulo. 19 May 2004.
  5. ^ Wiziak, Julio (26 April 2012). "Ongoing assume iG na próxima semana". Folha de S. Paulo.


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