Vodafone Buys Danish Mobile Social Network for $50 Million

May 19th, 2008

Vodafone, one of the biggest carriers in Europe, announced today that they are buying ZYB, a Danish mobile social network for 31.5 million Euros today.

This is what Techcrunch had to say about ZYB:

“ZYB was smart in how they built their service. At first they were a simple address book backup-to-web service. But they realized they had a very complete social graph from the data (who’s closer to you than the people you call frequently on your mobile phone)? So they launched a mobile social network on the back of the original service.”

Just like what we believe here in Obopay, mobile is the way of the future!

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