Vingle (social network)
 | |
Type of site | Social networking service |
|---|---|
| Founded | October 21, 2011 |
| Founder(s) |
|
| Key people | Jiwon Moon (CEO) Changseong Ho (President and COO) Mark Tetto (CFO) Hunter Moon (Marketing Manager) |
| Industry | Internet |
| Employees | 10+ |
| URL | www |
| Registration | Required |
| Current status | Operations Halted/Suspended |
Vingle was a social networking website.[1]
Founding
[edit]The company was launched on October 21, 2011, by Changseong Ho and Jiwon Moon, creators of Viki, which they sold for $200 million. In 2012 Vingle received Series A funding from K Cube Ventures. The co-founders had also invested $1 million in the company, and in its first four months, Vingle had about 600,000 unique monthly visitors. On Viki users would translate and subtitle television shows or movies, so Ho and Moon started Vingle to grow the number of interest groups and crowdsourcing projects that users could pursue on the site.
Overview
[edit]The social network was initially based on a South Korean website, but in 2014 moved to an iOS and Android app. That year the network had 2.3 million users and 100 million monthly page views across about three thousand interest focused communities.[2] The app received 1.4 million downloads in its first year,[3] and Vingle next began to expand into Japan and the United States.[4] By late 2014, Vingle had four million monthly visitors from 105 countries, with content in twenty-six different languages.[5][6] As of 2015, the company was valued at $1 billion.[7]
Use
[edit]Vingle requires users to sign up to access its communities, either through a user account or via another social media account. Once on the site, users record their personal interests and begin to use the site's collection tool to follow other users interested in the same topics. Users can publish their own posts called "cards", which can contain video, images, and text.[8]
Suspension of Operations
[edit]![[icon]](/wiki/File:Wiki_letter_w_cropped.svg){kind=small} | This section is empty. You can help by adding to it. (December 2023) |
References
[edit]- ^ "Vingle: A Social Networking Site Where You Meet People With Similar Interests to Yours". TechFrag. July 25, 2014. Retrieved July 14, 2015.
- ^ "Vingle Lets You Mingle With People Who Share Your Interests". TechCrunch. AOL. July 23, 2014.
- ^ "Running Interest-based Startup from Korea with a Global Vision: Viki and Vingle Cofounder Changseong Ho". TechNode. August 22, 2014.
- ^ "Tech in Asia – Connecting Asia's startup ecosystem".
- ^ Jonathan Cheng (October 21, 2014). "New Wave of Startups in Korea Flourishes". WSJ.
- ^ "Lost in Translation: Cultural Differences in Linguistic Aspect". Asia Society.
- ^ "Startups cater to your personal needs". February 11, 2015.
- ^ DashBurst (April 9, 2014). "Birds of a Feather Flock Together on Vingle, New Social Network Site". Small Business Trends.