#multiply

Multiply Multiply was a social media platform that had its users writing blogs, uploading photos and videos, writing reviews, and even selling merchandise. Locally, Multiply was another one of those social media websites that you had to have an account on, otherwise, you’ll miss out on the blog entries and photo galleries made by your friends. Multiply had a feature that allowed users to specify their relationship with their contacts and share or restrict content depending on how close they are. On August 2012, Multiply announced that it was closing down its social networking platform and continue as an e-commerce website instead. By 2017, Multiply had ceased its operations and shut down entirely. In a surprise move, TV giant ABS-CBN has announced yesterday that it has bought a minority stake into social networking site, Multiply. The purchase was for 5% of Multiply which costs $5 million or close to Php250 million. A year ago this month, ABS-CBN first went into an advertising deal with Multiply. Read more in our articles including "Social Media Sites of the Past" and "ABS CBN buys into Multiply".