Filed under: Products and services, Internet, Google (GOOG), Yahoo! (YHOO), Marketing and advertising

Answers Corporation (NASDAQ: ANSW), parent of Answers.com, a Web 2.0 amalgamation of useful research info, announced yesterday that its newish service, WikiAnswers surpassed one million questions posted on its site. I don’t know whether one million is a lot, but it’s right up there with what my five children ask me in just a single day.

The service allows content to be generated completely by users. The Holy Grail of Web 2.0, User Generated Content (UGC), this type of service allows users to both post questions and answer others’ questions in a wide variety of domains. Growth has been impressive. According to the company, for the first nine months of this year, WikiAnswers’ unique monthly visitor count in the U.S. has grown 317%, to more than four million. This ranks WikiAnswers as the second-fastest growing domain of the top 1,500. Not too shabby.

Google (NASDAQ: GOOG) pulled a competing service last year after boring results. Yahoo! (NASDAQ: YHOO), on the other hand, with Yahoo! Answers, has proven the model that users enjoy using this type of service. Yahoo has seen tremendous growth and according to TechCrunch, “one of Yahoo’s most successful product launches in recent years has been Yahoo! Answers, which is showing more than 50% year-over-year growth in pageviews, according to comScore. Yahoo! keeps pushing the crowd-sourcing property, which lets 95 million registered members around the world answer each others’ questions.”

Continue reading Answers.com (ANSW) tops one million questions with WikiAnswers

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This entry was posted on Friday, November 2nd, 2007 at 12:50 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.