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Bebo (/ ˈ b iː b oʊ / BEE-boh) was an American social networking website that originally operated from 2005 until its bankruptcy in 2013. The site relaunched several times after its bankruptcy with a number of short-lived offerings, including instant messaging and video streaming, until its acquisition by Amazon in July 2019 when it was shut down.
[3] [4] Criterion acquired social networking service Bebo in 2010. Bebo was previously owned by AOL, who originally purchased the service for $850 million in 2008. [5] The acquisition had failed as Bebo's business was declining. AOL sold the company for less than $10 million to Criterion. [6] [7] Following the acquisition, Bebo's business did ...
Kevin Bachus, the co-creator of the original Xbox, has joined Criterion Capital Partners' (CCP) recent acquisition from AOL, Bebo. The suffering social network was bought from Aol for a measly $10 ...
Birch and Xochi later founded the online social networking website Bebo [5] in January 2005, with a major launch in July 2005. In 2007, Bebo had over 45 million registered users and was the sixth most popular site in the UK, bigger than AOL, Amazon.co.uk and bbc.co.uk. [6] Michael and Xochi Birch sold Bebo to AOL in March 2008 for $850 million.
Bebo is sold by AOL to Criterion Capital Partners. [52] 2010 Launch Instagram, a photo/video sharing and social media service, launches. [53] 2010 Launch Path, a social networking-enabled photo sharing and messaging service for mobile devices, launches. [54] 2010 Launch Quora, a question-and-answer platform, launches. [55] 2011 Launch
Xochi and Michael Birch launched Bebo in 2005. By 2007 the site had over 45 million registered users and was the sixth most popular site in the UK, bigger than AOL, Amazon.co.uk and bbc.co.uk. [3] They sold Bebo to AOL in March 2008 for $850 million. Their combined 70% stake yielded a profit of $595 million from the deal. [4]
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