Gfycat, popular GIF platform, bought movie-focused social network MovieLaLa
Gfycat , one of the largest GIF platforms in the world , announced that it has bought the movie-focused local social network MovieLaLa . MovieLaLa, in particular with its technology partnerships with Hollywood studios, has invested $ 1.4 million in seeds in 2016 .
Founded in San Francisco by Şahin Boydaş and Dana Loberg from Webrazzi Developer 2017 speakers we organized in November last year, MovieLaLa serves as a mobile social network bringing together movie lovers.
In 2016 , Gfycat and MovieLaLa, which has teamed up with one of Hollywood’s biggest studios, allowed the studio to reach 21 million users and create 21,000 GIFs. In short, the adventure that started in 2016 with a business association between Gfycat and MovieLaLa ended in 2018 . I also add that the details of the purchase are not shared.
With the acquisition, MobileLaLa’s mobile applications and the company’s developed GIF -centric software will also migrate to Gfycat. Surreal is a virtual reality-oriented in Falcon Boydaş his statement continued their respective work with the new initiatives, a successful exit, the majority of that they are happy and his team for their Turkey due to the fact that Turkey has voiced seen as a success.