Tagged Announces Initial Changes to hi5
Transitioning to a Social Discovery Network
Tagged Announces Record 2011 Results, Fourth Consecutive Year of Profitability
SAN FRANCISCO, CA — (Marketwire) — 01/19/12 — , the social network for meeting new people, today announced its 2011 fiscal performance. Record business results included revenue growth of 35 percent to over $43 million, tripled registered users to over 330 million with the acquisition of hi5, tripled staff size and a fourth consecutive profitable year for the company.Tagged also completed its first four acquisitions to-date, with December-s acquisition of hi5 seen as a watershed for the soci