Multiply.com users take note: less than four months from now, there’ll be no more photos, videos, blogs, social messaging, etc.
Multiply, which boasts of 11 million users, is halting its social networking and content sharing services as it shifts its focus to ecommerce.
“From December first, we will unfortunately no longer be able to support Multiply in its current form – notably we will be removing the social networking and content sharing part of Multiply (photos, videos, blogs, social messaging, etc.),” said CEO Stefan Magdalinski.
“We have decided to discontinue providing and hosting these services, as we have concluded that other Internet sites who are committed to social networking services will do a better job serving you than we can,” Magdalinski said.
And from Boca Raton, Florida, Multiply is now headquartered in Jakarta, Indonesia.
“As most of you are probably aware, Multiply’s mission has evolved over the past year and a half to become the biggest and most beloved ecommerce marketplace in two very exciting markets, Indonesia and the Philippines,” he said. “As our focus has shifted, we have reviewed all of our operations, and made some decisions that will affect everyone here.”
Magdalinski promised to provide social network users easy ways to retrieve or transfer their contents.
“For our existing users of social networking features, we will be providing easy ways for you to either download your stuff (photos, blogs, content, etc), or migrate it to other online services,” Magdalinski said. “We’ll announce the precise details shortly. It will be your choice whether to download, migrate or just let your content lapse (and get deleted).”
“For our existing ecommerce users (both buyers and sellers) in Indonesia and the Philippines, there will be no action required,” he said, adding that the company will refund any existing Multiply Premium subscriptions.
“I am aware of how disruptive this news may be, and understand the disappointment that it may cause. Ultimately this was a business decision, critical to our to success moving forward,” Magdalinski said.
“Instead, we are excited to pursue our own mission to give the 350 million consumers in Indonesia and the Philippines a great way to buy and sell items online. Our singular focus now is for Multiply to retain its status as a vibrant e-commerce destination in Southeast Asia in the years ahead.”
https://technology.inquirer.net/15271/multiply-com-to-stop-social-network-services
Saturday, August 11, 2012
Friday, August 10, 2012
Multiply social platform to be scrapped by December
SOCIAL NETWORKING site Multiply, Inc. will be scrapping its photo sharing and blogging offerings by December to pave the way for its complete shift into e-commerce platform, a notice posted on its Web site showed.
"From Dec. 1, we will unfortunately no longer be able to support Multiply in its current form -- notably, we will be removing the social networking and content sharing part of Multiply (photos, videos, blogs, social messaging, etc.)," Stephan Magdalinski, Multiply's chief operating officer, told clients in a notice on the Web site.
"We have decided to discontinue providing and hosting these services, as we have concluded that other Internet sites who are committed to social networking services will do a better job serving you than we can," he added.
This comes as Multiply is eyeing to completely transform the site into an e-commerce portal.
"Multiply's mission has evolved over the past year and a half to become the biggest and most beloved e-commerce marketplace in two very exciting markets, Indonesia and the Philippines," the notice read.
"As our focus has shifted, we have reviewed all of our operations, and made some decisions that will affect everyone here."
Multiply also assured its users that it will be providing easy ways for them to either download their content, or migrate it to other online services.
"For our existing ecommerce users (both buyers and sellers) in Indonesia and the Philippines, there will be no action required," the notice read further.
The company in May 2010 formally signalled a shift to the e-commerce platform despite being successful as a social networking site, Rianna R. Trinidad, the company's marketing head, had said.
She, however, noted that e-commerce transactions in the Philippines were already seen even as early as 2006.
Since the new platform is still young, Jonathan R. Madrid, country manager of Multiply.com Philippines said bulk of the transactions are still offline or "face-to-face" arrangements.
To encourage customers to shift to online commerce, Mr. Madrid said the company would be offering more payment options.
Already, Multiply.com Philippines accepts over-the-counter deposits through Bank of the Philippines Islands and BDO Unibank, Inc. It also accepts payments through PayPal and G-Cash, the money transfer facility of Globe Telecom, Inc.
Luring customers to shift to its e-commerce platform is also necessary in generating additional revenues for the company.
Multiply currently has 250,000 merchants, of which 130,000 are from the Philippines, 70,000 of which are from Indonesia while the rest are in other parts of Southeast Asia. -- C.H.C. Venzon
https://www.bworldonline.com/content.php?section=Corporate&title=Multiply-social-platform-to-be-scrapped-by-December&id=56576
"From Dec. 1, we will unfortunately no longer be able to support Multiply in its current form -- notably, we will be removing the social networking and content sharing part of Multiply (photos, videos, blogs, social messaging, etc.)," Stephan Magdalinski, Multiply's chief operating officer, told clients in a notice on the Web site.
"We have decided to discontinue providing and hosting these services, as we have concluded that other Internet sites who are committed to social networking services will do a better job serving you than we can," he added.
This comes as Multiply is eyeing to completely transform the site into an e-commerce portal.
"Multiply's mission has evolved over the past year and a half to become the biggest and most beloved e-commerce marketplace in two very exciting markets, Indonesia and the Philippines," the notice read.
"As our focus has shifted, we have reviewed all of our operations, and made some decisions that will affect everyone here."
Multiply also assured its users that it will be providing easy ways for them to either download their content, or migrate it to other online services.
"For our existing ecommerce users (both buyers and sellers) in Indonesia and the Philippines, there will be no action required," the notice read further.
The company in May 2010 formally signalled a shift to the e-commerce platform despite being successful as a social networking site, Rianna R. Trinidad, the company's marketing head, had said.
She, however, noted that e-commerce transactions in the Philippines were already seen even as early as 2006.
Since the new platform is still young, Jonathan R. Madrid, country manager of Multiply.com Philippines said bulk of the transactions are still offline or "face-to-face" arrangements.
To encourage customers to shift to online commerce, Mr. Madrid said the company would be offering more payment options.
Already, Multiply.com Philippines accepts over-the-counter deposits through Bank of the Philippines Islands and BDO Unibank, Inc. It also accepts payments through PayPal and G-Cash, the money transfer facility of Globe Telecom, Inc.
Luring customers to shift to its e-commerce platform is also necessary in generating additional revenues for the company.
Multiply currently has 250,000 merchants, of which 130,000 are from the Philippines, 70,000 of which are from Indonesia while the rest are in other parts of Southeast Asia. -- C.H.C. Venzon
https://www.bworldonline.com/content.php?section=Corporate&title=Multiply-social-platform-to-be-scrapped-by-December&id=56576
Thursday, August 9, 2012
Multiply.com quits social networking
Time to transfer those photos and videos.
advertisement
Mutliply.com announced on Thursday that it will stop its social networking functions in December, choosing to focus instead on its electronic commerce operations in Indonesia and the Philippines.
“From December 1st, we will unfortunately no longer be able to support Multiply in its current form - notably we will be removing the social networking and content sharing part of Multiply (photos, videos, blogs, social messaging, etc.),” Stefan Magdalinski, chief executive officer at Multiply Global, said in a statement posted on its website.
With the rise of Facebook as the dominant player in the social networking arena, Multiply had sought to differentiate itself from competitors by highlighting itself as the ‘social shopping’ hub for online marketers.
“For our existing users of social networking features, we will be providing easy ways for you to either download your stuff (photos, blogs, content, etc), or migrate it to other online services,” he noted, saying that they will announce the file migration details soon.
The eight-year-old service, which claimed to be the “biggest and beloved” e-commerce marketplace in Indonesia and the Philippines, will now focus on its e-commerce platform.
“Our singular focus now is for Multiply to retain its status as a vibrant e-commerce destination in Southeast Asia in the years ahead,” Magdalinski noted.
To gear up for the anticipated service transfer, Multiply launched last June its “Merchant Dashboard” that provides technology solutions to its online sellers.
The new feature provides detailed product listing, inventory management, and order tracking.
The website likewise put up a buyer protection program that aims to safeguard online shoppers from fraudulent merchants and scammers.
Currently, about 130,000 Multiply users in the Philippines are involved with online selling. — TJD, GMA News
https://www.gmanetwork.com/news/hashtag/content/269019/multiply-com-quits-social-networking/story/
advertisement
Mutliply.com announced on Thursday that it will stop its social networking functions in December, choosing to focus instead on its electronic commerce operations in Indonesia and the Philippines.
“From December 1st, we will unfortunately no longer be able to support Multiply in its current form - notably we will be removing the social networking and content sharing part of Multiply (photos, videos, blogs, social messaging, etc.),” Stefan Magdalinski, chief executive officer at Multiply Global, said in a statement posted on its website.
With the rise of Facebook as the dominant player in the social networking arena, Multiply had sought to differentiate itself from competitors by highlighting itself as the ‘social shopping’ hub for online marketers.
“For our existing users of social networking features, we will be providing easy ways for you to either download your stuff (photos, blogs, content, etc), or migrate it to other online services,” he noted, saying that they will announce the file migration details soon.
The eight-year-old service, which claimed to be the “biggest and beloved” e-commerce marketplace in Indonesia and the Philippines, will now focus on its e-commerce platform.
“Our singular focus now is for Multiply to retain its status as a vibrant e-commerce destination in Southeast Asia in the years ahead,” Magdalinski noted.
To gear up for the anticipated service transfer, Multiply launched last June its “Merchant Dashboard” that provides technology solutions to its online sellers.
The new feature provides detailed product listing, inventory management, and order tracking.
The website likewise put up a buyer protection program that aims to safeguard online shoppers from fraudulent merchants and scammers.
Currently, about 130,000 Multiply users in the Philippines are involved with online selling. — TJD, GMA News
https://www.gmanetwork.com/news/hashtag/content/269019/multiply-com-quits-social-networking/story/
Multiply.com quits social networking
Time to transfer those photos and videos.
Mutliply.com announced on Thursday that it will stop its social networking functions in December, choosing to focus instead on its electronic commerce operations in Indonesia and the Philippines.
“From December 1st, we will unfortunately no longer be able to support Multiply in its current form - notably we will be removing the social networking and content sharing part of Multiply (photos, videos, blogs, social messaging, etc.),” Stefan Magdalinski, chief executive officer at Multiply Global, said in a statement posted on its website.
With the rise of Facebook as the dominant player in the social networking arena, Multiply had sought to differentiate itself from competitors by highlighting itself as the ‘social shopping’ hub for online marketers.
“For our existing users of social networking features, we will be providing easy ways for you to either download your stuff (photos, blogs, content, etc), or migrate it to other online services,” he noted, saying that they will announce the file migration details soon.
The eight-year-old service, which claimed to be the “biggest and beloved” e-commerce marketplace in Indonesia and the Philippines, will now focus on its e-commerce platform.
“Our singular focus now is for Multiply to retain its status as a vibrant e-commerce destination in Southeast Asia in the years ahead,” Magdalinski noted.
To gear up for the anticipated service transfer, Multiply launched last June its “Merchant Dashboard” that provides technology solutions to its online sellers.
The new feature provides detailed product listing, inventory management, and order tracking.
The website likewise put up a buyer protection program that aims to safeguard online shoppers from fraudulent merchants and scammers.
Currently, about 130,000 Multiply users in the Philippines are involved with online selling. — TJD, GMA News
https://www.gmanetwork.com/news/hashtag/content/269019/multiply-com-quits-social-networking/story/
Mutliply.com announced on Thursday that it will stop its social networking functions in December, choosing to focus instead on its electronic commerce operations in Indonesia and the Philippines.
“From December 1st, we will unfortunately no longer be able to support Multiply in its current form - notably we will be removing the social networking and content sharing part of Multiply (photos, videos, blogs, social messaging, etc.),” Stefan Magdalinski, chief executive officer at Multiply Global, said in a statement posted on its website.
With the rise of Facebook as the dominant player in the social networking arena, Multiply had sought to differentiate itself from competitors by highlighting itself as the ‘social shopping’ hub for online marketers.
“For our existing users of social networking features, we will be providing easy ways for you to either download your stuff (photos, blogs, content, etc), or migrate it to other online services,” he noted, saying that they will announce the file migration details soon.
The eight-year-old service, which claimed to be the “biggest and beloved” e-commerce marketplace in Indonesia and the Philippines, will now focus on its e-commerce platform.
“Our singular focus now is for Multiply to retain its status as a vibrant e-commerce destination in Southeast Asia in the years ahead,” Magdalinski noted.
To gear up for the anticipated service transfer, Multiply launched last June its “Merchant Dashboard” that provides technology solutions to its online sellers.
The new feature provides detailed product listing, inventory management, and order tracking.
The website likewise put up a buyer protection program that aims to safeguard online shoppers from fraudulent merchants and scammers.
Currently, about 130,000 Multiply users in the Philippines are involved with online selling. — TJD, GMA News
https://www.gmanetwork.com/news/hashtag/content/269019/multiply-com-quits-social-networking/story/
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