News

Twitch acquires Bebo to expand esports platform

Bebo launched in 2005 before Facebook spearheaded the social media frenzy

Date Type Companies involved Size
June 19th, 2019 acquisition Twitch Interactive $25m
Twitch acquires Bebo to expand esports platform

Streaming behemoth Twitch has quietly bought social networking site Bebo.

As confirmed by Techcrunch, the acquisition is in aid of developing Twitch's esports sector, alongside Twitch Rivals - the platform's series of competitive events.

A spokesperson from Twitch confirmed the $25 million deal, as well as the inclusion of Bebo's IP and around 10 employees. No further comment was made.

Bebo was founded and launched in 2005 by Michael and Xochi Birch, and quickly became the most popular social network in the UK for a time, dethroning MySpace. In 2008, the site was sold to AOL for $850 million.

Head on over to InfluencerUpdate.biz for the full story. 


Editor

Danielle Partis is editor of PocketGamer.biz and former editor of InfluencerUpdate.biz. She was named Journalist of the Year at the MCV Women in Games Awards 2019, as well as in the MCV 30 under 30 2020. Prior to Steel Media, she wrote about music and games at Team Rock.