A lot of tech companies consider the Philippines their home or, at least, a great place to gain massive adaption. Here are some great tech companies that thrived in the Philippines and their eventual demise. Groups had the most number of users from the Philippines and so did Yahoo! Philippines portal officially shut down in June 2015, followed by Yahoo! Multiply Multiply started out as a social networking service. Its official entry in the Philippines started out in late 2007 when it made a ad deal with local TV network ABS-CBN. In November 17, 2008, ABS-CBN made an announcement that it bought a 5% minority stake of Multiply.com. By October 2010, Multiply was increasing its foothold in the Philippines and started looking for a General Manager. Read more in our articles including "Great Tech Companies We Loved and Lost" and "Winner: Php5,000 Multiply Shopping Credits".
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Apr 2, 2026A lot of tech companies consider the Philippines their home or, at least, a great place to gain massive adaption. Here are some great tech companies that thrived in the Philippines and their eventual demise.
Groups had the most number of users from the Philippines and so did Yahoo! Philippines portal officially shut down in June 2015, followed by Yahoo! Multiply Multiply started out as a social networking service.
Our coverage of multiply philippines includes: "Great Tech Companies We Loved and Lost"; "Winner: Php5,000 Multiply Shopping Credits"; "Multiply scouting for GM in the Philippines". Each article provides unique insights and information.