WAYN To Be Close To Sale

Message Board to Discuss Business Issues in the Social Networking Industry

WAYN To Be Close To Sale

Postby snwmark » Thu Jan 17, 2008 8:25 pm

TECH CRUNCH -- Jan 16 --  WAYN, the social network for travelers is allegedly in talks with AOL over a possible $200m sale. "We are absolutely not for sale. We\'ve just launched a new version of our travel guides, with tonnes of content and new services", said Anika Erskine, WAYN\'s marketing manager. WAYN is one of the fastest growing travel and lifestyle social networking community sites in the UK and has a footprint in over 220 countries, with over nine million members. In 2006 the site received $11m in funding, including money from Brent Hoberman, co-founder of budget travel website Lastminute.com.

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