YaSabe Receives Investment from Brightstar Corp

PRLog (Press Release) - Jan. 30, 2013 - HERNDON, Va. -- YaSabe, Inc., the leading provider of local information for U.S. Hispanics, announced today that as part of a larger round of financing, Brightstar Corp., the world’s largest specialized wireless distributor and the largest Hispanic-owned business in the US, has made an investment in the company.  

“We are honored and grateful to have Brightstar as an investor”, said Zubair Talib, CEO of YaSabe. “Mobile is central to the strategy at YaSabe as we work to provide our users with high-quality culturally relevant content and the ability to participate in the social dialog within the Latino community”.

About YaSabe

YaSabe provides mobile and local search for U.S. Hispanics, offering unique content and innovative technology to help consumers find and discover local businesses, coupons and jobs for Spanish speakers. The company also provides a human-powered social concierge service for Hispanics called Ayudame (‘help me’) where consumers can ask YaSabe’s experts and others for help in finding the right local business.  Launched in 2010, YaSabe has already provided results for millions of queries from Hispanics searching online for local businesses at YaSabe.com and from Google, Bing and other websites like Univision.com and PaginasAmarillas.com where Hispanics go online. YaSabe offers local businesses and national brands simple and cost-effective ways to reach and influence Hispanic consumers who are searching online. YaSabe was awarded the Top Hispanic Digital Media Innovation at Portada’s 5th Annual Hispanic Digital and Print Media Conference.  For more information, please visit www.yasabe.com

Contact:

Marisela Montenegro
Marisela@YaSabe.com
703-955-4759

About Brightstar

Brightstar, headquartered in Miami, Florida, is the world’s largest specialized wireless distributor and a leading global services company, serving mobile device manufacturers, wireless operators and retailers, with a presence on six continents. The company’s industry-leading services include value-added distribution, supply chain solutions, handset protection and insurance, buy-back and trade-in solutions, multi-channel retail solutions, and financial services. Brightstar’s annual revenues were US$5.9 billion for the period ended June 30, 2012. The company is ranked #70 on the Forbes 2011 List of America’s Largest Private Companies.  http://www.brightstarcorp.com

Media Contact:

Maria Menacho
maria.menacho@brightstarcorp.com
305-994-3344