The players
62 companies and organisations in the search arbitrage chain, what each one does in plain English, and where it sits in the chain.
Ask Media Group
ClosedThe company behind Ask.com, for years a large search-to-search arbitrage operator, closed by IAC on 1 May 2026.
Arbitrage operatorsUSAExplorAds
PrivatePrivate ad company offering search feeds and tools that turn display and native traffic into search clicks.
Feed providers & syndicatorsCyprusIAC (now People Inc.)
PPLI +0.8%Barry Diller's holding company, owner of Ask.com until it closed its search business in 2026; now trades as PPLI.
Arbitrage operatorsUSAInuvo
INUV -1.7%Small listed US ad-tech firm that earns mostly from Yahoo and Google ads shown on its own and partner sites.
Feed providers & syndicatorsUSAPredicto
PrivateIsraeli company whose content sites and search-feed pages are a common sight in social-to-search advertising.
Arbitrage operatorsIsraelSystem1
SST -7.6%The best-known listed search arbitrage company: buys traffic itself and runs a partner network on Google ads.
Feed providers & syndicatorsUSAVisymo
PrivateDutch group that runs dozens of small search-engine brands and says it is one of the largest Google search partners.
Arbitrage operatorsNetherlands