The Cars.com domain name and the accompanying site were owned by Classified Ventures, LLC, which itself was a joint venture of several companies. In 2014, Gannett Company, Inc., one of the firms from this group, bought the remaining stake for USD 1.8 billion. After the acquisition, the Cars.com domain was valued at $827 million and the entire company at $2.5 billion.
SMS stands for "Short Message Service" and is one of the most popular ways of communication nowadays. [more...]