BuzzFeed is an independent digital media company that is providing news and entertainment to several millions of people around the world. It is a company that leverages data and innovation to reach out to hundreds of millions of people all around the world.
BuzzFeed's massive cross-platform network includes: BuzzFeed Originals, which creates articles, lists, quizzes, and videos; BuzzFeed Media Brands, which comprises of a portfolio of identity-driven lifestyle brands including Nifty, Goodful, As/Is, and Tasty, the world’s largest social food network; BuzzFeed Studios, which produces original content across broadcast, cable, SVOD, film and digital platforms; and BuzzFeed News and HuffPost, which include world-class reporting and investigative journalism. The company also includes BuzzFeed Commerce, which develops products and experiences, as well as licensing and other strategic partnerships.
BuzzFeed operates a global news organization that is headquartered in New York and an entertainment studio that is based in Los Angeles, with global offices in many countries around the world. Its best work creates authentic audience engagement that fosters real-world impact, like Yanny vs. Laurel, Tasty, the infamous exploding watermelon, award-winning investigations from BuzzFeed News, and its staple lists and quizzes.
On the 29th of November 2021, BuzzFeed’s stock opened up 14 percent at $10.95 but reversed course to trade at $8. By mid-afternoon, the company's shares were down by 7 percent.
- CompanyA company, abbreviated as "Co." within a company name, is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise.
- Unicorn (finance)A privately held startup company with a valuation above $1 billion.