The social discovery site tagged published and concluded its purchase of Hi5 site. As trying to place in itself as a master social gaming network in last two years Mr. John-led had been awarded. The fixed didn’t reveal monetary rules for the transaction. With the takeover, Tagged purports to “Dominate the social discovery category” the network drafts in itself as an online community for meeting new people unceasing social games, virtual gift, customizable and create profiles, and any other ect.
Now tagged is join with its 100 million registered users and with Hi5′s 232 million registered users. The tagged company rights that only 10 per cent of userbase over-lap with Hi5′s,in accordance the dam lane Journal. Do you know 30 per cent while that Tagged’s users are in the United Street. But Hi5 has a small stateside in front of. it’s mostly popular South Asia, America and European countries Example: Portugal, Romania, Spain.
The strong statement that will inaugural operate Hi5 and tagged “Two independent and freestanding brands” continuous to update both products. The tagged has not revealed when or if it will ultimately conflation the two sites into one social network. As efforting to transform in itself into an confection to Facebook for social gaming in last two years, delivering in Mr. Alex st Jhon, the openly found and ex CEO of wild tangent ,to directive that charge as chief technology officer and president. The Tagged company promoted $13.9 million for this initiative and built up its social network game offerings by capturing developer big six, and encouragement developers with free marketing and access to viral channels.After Hi5 was takeover by tagged,Hi5 did hold in 28 workers in September following infrastructure processing eligible to “Significantly reduce the number of positions required.”
There are 50 workers were being worked until 2011 in Tagged company but now 200 after purchasing social game discovery firm WeGame and initiating a new in-house game provident studio earlier in the year. The tagged con founder and CEO Grey Tseng says “Hi5 is global track complementary Tagged ‘s and even formas on our leadership place as the world’s first, best and largest social network to meet new people.”