CiaoWeb

CiaoWeb
Web address http://www.CiaoWeb.it/
Type of site
Portal
Registration 1999
Owner Hachette Rusconi S.p.A.
Launched 18 December 1999
Current status Not Active

CiaoWeb was an Italian Web Portal started up by the FIAT Group with an initial investment of 200B Italian Lira (100 Million Euro).[1] The Project for the development of the portal had been assigned to a group of companies under the control of Ernst & Young and under the responsibility of Alessandro Gadotti at that time Partner in Ernst & Young.[2] Paolo Ceretti from IFIL then took the responsibility as CEO, and Maurizio Olivotto took the position of CTO.

The original project was a mix of editorial content and e-commerce based on the potential synergies between the companies of the FIAT Group (La Stampa, Alpitour, Ferrari, etc.).[3] In the year 2000 Ciaoweb became sponsor of the football team Juventus[4]

Ciaoweb did not survive the new economy crisis in 2001,[5] and has been sold to theHachette-Rusconi Interactif group [6] later on sold to Hearst.

References