Bebo may exit Australia after failure to dent Facebook’s dominance

Bebo, the AOL-owned social networking site, is reviewing its Australian operations which could lead to its closure, after failing in its fight against Facebook.  

The company has told Mumbrella that it has laid off staff and is currently “exploring the possibility of centralising” a number of its business operations. However, it could not confirm at this stage if it would close its Australian operation altogether.

According to a Sydney Morning Herald report today it could leave before Christmas.

In a further response, Bebo said the company’s head of global operations Stephane Panier is leading the strategic review.

Be a member to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Become a member

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

"*" indicates required fields

 

SUBSCRIBE

Sign up to our free daily update to get the latest in media and marketing.