www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global Biz

AOL unloads social networking site Bebo

(Agencies)
Updated: 2010-06-18 07:40
Large Medium Small

Related readings:
AOL unloads social networking site BeboMom finds missing kids on Facebook
AOL unloads social networking site BeboPrivacy concerns hit Facebook, Google
AOL unloads social networking site Bebo
Face-to-face time makes us happier than Facebook

NEW YORK – AOL Inc. is paring its ambitions in online social networking, selling a website called Bebo that it bought a little more than two years ago for $850 million when AOL was still part of Time Warner Inc.

Bebo, which launched in 2005, has failed to match the huge popularity of sites like Facebook and Twitter.

It has been strong in foreign markets, though, including Britain. AOL tried to take advantage of that to drive traffic to its other ad-supported Web properties, but the site has been losing ground. Worldwide, it had about 12.6 million users in April, less than half of the 26.9 million it had in the same month a year ago, according to comScore Inc.

In the US, Bebo was down to 4.9 million from 10.2 million a year earlier. In the same period, Facebook has grown to 121.8 million users in the US from 67.5 million.

AOL said in April it planned to shut Bebo or sell it. The company said Wednesday that the buyer is the private investment firm Criterion Capital Partners LLC.

The California firm did not say how much it is paying, but analysts have speculated that the site would fetch just a small fraction of what AOL paid for it.

Gartner Inc. analyst Ray Valdes said AOL probably got at least $10 million for Bebo.

"They're probably donating the puppy to the shelter, so to speak. Anything less than $10 million and it's really almost not worth the transaction costs," he said.

In a note AOL CEO Tim Armstrong sent to employees Thursday, he said the deal provides a "meaningful" tax deduction for AOL.

AOL said in a filing with the Securities and Exchange Commission that it expects to log a tax benefit of $275 million to $325 million in the April-June quarter. The company also said that it will assess whether it needs to write down the value of its business overall for the quarter.

In April, AOL unloaded another service that it had acquired for more money. It agreed to sell its ICQ instant messaging business for $187.5 million in cash to Russian Internet investor Digital Sky Technologies Ltd. In 1998, AOL, then known as America Online, paid at least $287 million to buy Mirabilis Ltd., the Israeli company behind ICQ.

AOL shares fell 6 cents to $22.22 in afternoon trading.

In his note to staff, Armstrong said the sale will let Bebo users continue to use the service.

"Criterion Capital Partners are specialists in facilitating growth plans and turnarounds and are well placed to drive Bebo's effort to strengthen its foothold within the highly competitive.

主站蜘蛛池模板: 国产高清成人 | 欧洲一级片| 国产高清精品自在久久 | 亚洲免费看片 | yp国产在线观看 | 欧美亚洲综合另类在线观看 | 国产大乳喷奶水在线看 | 成年午夜一级毛片视频 | 日韩精品免费看 | 亚洲成a人片在线观看精品 亚洲成a人片在线观看中 | 毛片视频免费观看 | 日本暖暖在线视频 | 亚洲欧美国产一区二区三区 | 国产手机在线小视频免费观看 | 综合视频在线 | 午夜在线精品不卡国产 | 欧美一级三级在线观看 | 美女毛片视频 | 国产精品久久久久久久久免费观看 | 亚洲国产夜色在线观看 | 久草免费在线播放视频 | 乱人伦中文字幕视频 | 日本精品1在线区 | 真实国产乱人伦在线视频播放 | 国产精品成人免费 | 一级毛片免费不卡夜夜欢 | 精品国产v无码大片在线观看 | 欧美日韩国产人成在线观看 | 精品 日韩 国产 欧美在线观看 | 国产一区二区三区免费在线观看 | 中美日韩在线网免费毛片视频 | 91视频一区二区 | 国产一区二区在线播放 | 女人张开腿让男人桶视频 | 国内自拍网红在线综合 | 久久高清影院 | 99九九精品免费视频观看 | 亚洲欧美另类在线视频 | 亚洲成人黄色网址 | 在线观看日本www | 国产视频久久久久 |