Like bizzaro Facebooks, Tagged and Hi5 launched in 2004 to help you meet new people instead of connecting you with friends you already know. Through social games and paid dating features, they earned a surprising amount of revenue despite being relatively unknown. Tagged bought Hi5 in 2011 before branching out into standalone social app development and renamed the parent company If(we).
But after Tagged’s newer apps fell flat, it’s now decided to sell for $60 million in cash to MeetMe, a fellow social discovery network formerly known as myYearbook that went public in 2014. Tagged and Hi5 will remain their
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source http://www.omnipopmag.com/2017/03/06/old-school-social-networks-tagged-and-hi5-bought-by-meetme-for-60m/
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