Business Insider is a German owned American news website that also operates international editions in Australia, India, Malaysia, Indonesia, Singapore, China,Italy and the UK. It also operates a local language German and Polish news site. Business Insider launched in February 2009 and is based in New York City. Founded by DoubleClicks former CEO Kevin P. Ryan, Dwight Merriman and Henry Blodget, it is the overarching brand that includes Silicon Alley Insider (launched May 16, 2007) and Clusterstock (launched March 20, 2008). The site provides and analyzes business news, and aggregates top news stories from around the web. In 2011, the online newsroom employed a staff of 50, and the site reported a profit for the first time ever in the 4th quarter of 2010. In June 2012, it had 5.4 million unique visitors. It now averages around 70 million unique visitors, monthly. Business Insider also hosts industry conferences, such as IGNITION, which explores the emerging business models of digital media. In January 2015, Business Insider launched BI Intelligence, a subscription-based research service that provides data and analysis on the mobile, payments, eCommerce, social, and digital media industries. The site each year publishes editorial franchises such as the "Digital 100: The Worlds Most Valuable Private Tech Companies".