Endurance (EIGI) climbed to a new high. The stock has gained 17% previous week. Average daily trading volume has risen over the past two months to more than 400,000 shares a day. The company boosted third quarter earnings 59% on a 21% jump in sales. It is expected to report a 60% increase in Q4 profit.
Endurance International Group helps small and medium-sized business owners establish, manage and grow their businesses by harnessing the power and promise of the web.
As a leading provider of cloud-based platform solutions to help small and medium-sized business owners succeed online, Endurance, through its family of brands – including Bluehost, HostGator, iPage, Domain.com, A Small Orange, MOJO Marketplace and ResellerClub – supports over 3.8 million subscribers and is able to tailor solutions for small businesses at every stage and level of sophistication.
They announced the launch of Bluehost India. Bluehost, part of the Endurance family of brands, is a leading provider of cloud-based solutions, including web hosting and other web presence services. Bluehost currently powers over two million websites worldwide and has developed solution-oriented, easy-to-use products, like the recently launched Optimized Hosting for WordPress solution.
Over the last year, Bluehost has expanded its localized offerings to Brazil, Russia, China, Turkey, and now India. According to the World Bank’s World Development Indicators, from 2010 to 2013, people with access to the Internet in India doubled, from 7.5 to 15.1 people per 100 of the population.
Bluehost India caters to local needs by providing quality customer support from local employees who understand the language and culture of the region. The Bluehost India website provides customer support in over 27 dialects, and gives customers the option to pay using local currency. In addition, Bluehost India has also launched its in-country affiliate program to grow the local subscriber base.
“We always strive to provide an exceptional customer experience, and we believe our new localized offerings in India will better meet the needs of our growing subscriber base,” said Hari Ravichandran, Chief Executive Officer of Endurance. “The Indian market is poised for future growth and Endurance’s ability to leverage its technology platform and other resources to tailor the customer experience for major markets is a real strength. Bluehost’s ability to innovate and optimize web presence solutions and its deep experience with open source platforms translates to a better local experience for our Indian subscribers.”