Amazon's Twitch Business Buys Bebo -The Guardian

Date : 06/18/2019 @ 6:53PM
Source : Dow Jones News
Stock : Amazon.Com, Inc. (AMZN)
Quote : 2018.0  -2.99 (-0.15%) @ 4:28PM

Amazon's Twitch Business Buys Bebo -The Guardian

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--Amazon.com Inc.'s (AMZN) game-streaming business Twitch has acquired Bebo, The Guardian reported Tuesday.

--AOL Inc. bought Bebo in 2008 for $850 million and sold it in 2010 to Criterion Capital Partners LLC. Its founders bought it in 2013 for $1 million. Bebo, which was once a major social network in the U.K., now provides e-sports services.

 

Full story: https://www.theguardian.com/games/2019/jun/18/game-streaming-site-twitch-buys-social-network-bebo

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

June 18, 2019 13:38 ET (17:38 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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