AOL seeks a buyer for the 2008 for $ 850 million acquired social network Bebo. How to MarketWatch on Tuesday, citing a report sent to employees of the Group’s Internet newsletter, and a closure of the service is not excluded.

“It is clear that social networking is an area with a lot of competition, will decide in the size of the success,” writes Jon Brod, executive vice president. Bebo users have unfortunately lost, and there are significant investments needed to be competitive again. AOL was at this time not in a position to assist financially Bebo to create a turning point. A decision on the future of the social network for the company announced in late May.

The company was founded in Great Britain Bebo had never been able to gain a foot outside the United Kingdom. In his home country, it is one of the most popular social networks. In Germany, France, Italy, Spain and the Netherlands since March 2009, AOL offers its own versions. Users of the site can create profiles, upload photos and videos, contact each other and use entertainment content.

At the same time AOL tried to repel the instant messaging service ICQ. According to MarketWatch commandments are the Group of Russian business media prof and Digital Sky Technologies ago. In addition, Tencent in China have provided for ICQ. According to the report of the transaction is valued at 300 million dollars.

AOL does not want to put more money into the social network Bebo and therefore sell it or close (Screenshot: ZDNet). Gallery The privacy risks in social networks »Picture Gallery …

AOL seeks a buyer for the 2008 for $ 850 million acquired social network Bebo. How to MarketWatch on Tuesday, citing a report sent to employees of the Group’s Internet newsletter, and a closure of the service is not excluded. “It is clear that social networking is an area with a lot of competition, will [...]

AOL seeks a buyer for the 2008 for $ 850 million acquired social network Bebo. How to MarketWatch on Tuesday, citing a report sent to employees of the Group’s Internet newsletter, and a closure of the service is not excluded. “It is clear that social networking is an area with a lot of competition, will [...]

AOL seeks a buyer for the 2008 for $ 850 million acquired social network Bebo. How to MarketWatch on Tuesday, citing a report sent to employees of the Group’s Internet newsletter, and a closure of the service is not excluded. “It is clear that social networking is an area with a lot of competition, will [...]

AOL seeks a buyer for the 2008 for $ 850 million acquired social network Bebo. How to MarketWatch on Tuesday, citing a report sent to employees of the Group’s Internet newsletter, and a closure of the service is not excluded. “It is clear that social networking is an area with a lot of competition, will [...]

AOL seeks a buyer for the 2008 for $ 850 million acquired social network Bebo. How to MarketWatch on Tuesday, citing a report sent to employees of the Group’s Internet newsletter, and a closure of the service is not excluded. “It is clear that social networking is an area with a lot of competition, will [...]

AOL seeks a buyer for the 2008 for $ 850 million acquired social network Bebo. How to MarketWatch on Tuesday, citing a report sent to employees of the Group’s Internet newsletter, and a closure of the service is not excluded. “It is clear that social networking is an area with a lot of competition, will [...]

AOL seeks a buyer for the 2008 for $ 850 million acquired social network Bebo. How to MarketWatch on Tuesday, citing a report sent to employees of the Group’s Internet newsletter, and a closure of the service is not excluded. “It is clear that social networking is an area with a lot of competition, will [...]