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Nov 17, 2008 6:31 PM
Social network Multiply.com has received $5 million in funding from ABS-CBN, one of the Philippines’ largest media companies. ABS-CBN has acquired a five percent stake (or 2.5 million shares) in Multiply as a result, Business Mirror reports, with the option to invest $4 million more for a total of a…
Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Countries, Asia, friendster, multiply.com, philippines
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