Ohaiyo: BuzzFeed plans to conquer the Land of the Rising Sun next.
NEW YORK: BuzzFeed has given up on going public for now and Mashable is looking for an emergency buyer. The honeymoon period looks to be over for online news websites – left fragile by a model built almost entirely on advertising.
Less than two years ago, blog turned news site Mashable was valued at US$250mil (RM1.01bil), with Time Warner among its investors.
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