Babylon - our visibility comes from our ability to optimize for growth and profit
Babylon.com, founded in 1997 and traded on the Tel Aviv Stock Exchange (BBYL), is a leading global provider of Internet search services and language solutions.
Babylon's reach, engagement, and scale are significant and continue to grow. With a presence in over 190 countries and functionality in 77 languages, Babylon is the definition of a global company. Our online reach is excellent, ranking among 30 most popular internet sites worldwide. Because of this Babylon solutions drive scalable growth, create strong operating margins, and generate cash flows.
Babylon's growing popularity along with its usability has cemented our leading position as the best method for millions of people worldwide to bridge the language gap and search for information in multiple languages. Babylon's translation and search solutions share a 'linguistic connection.' The user engagement and information we gather on the translation side allows us to enhance the search experience for our users.
As a result of our position as leading global translation company, we have achieved rapid revenue and profit growth. We draw upon established sources of revenue through the sale of premium products that include thousands of dictionaries and glossaries and translation software that is available across multiple platforms, including Windows, iOS, and mobile apps. Simultaneously we employ, and continue to expand, innovative sources of monetization through the combination of our linguistic systems with our internet search solutions. These search solutions enable Babylon to become a key monetization partner, effectively a business model, to a vast universe of software developers.
Babylon has revolutionized the way people communicate across the globe, and has even set a Guinness World Record for Most Downloads of a Translation Software. We address a fundamental need of Internet users around the world and connect people globally by enabling them to understand, communicate and search for information across multiple languages.