Fotolog Continues To Dominate Social Network Market In Chile & Argentina
Fotolog, a social network that is a subsidiary of Hi-Media Group sent out a press release today mentioning that they are the ranked as the #1 social network in Chile and the #2 in Argentina. Fotolog receives 2.8 million unique visitors per month in Chile and 3.6 million monthly unique visitors from Argentina. Fotolog receives a total of 18.7 million monthly unique visitors per month.
Fotolog has about 12 million active members across Latin America. Fotolog also partnered with over 25 Hispanic media companies to keep pushing their brand.
“Fotolog’s global growth has been powered by our traditional strength in Spanish-speaking markets and we have successfully sustained our momentum in Latin America while also bridging into explosive growth across Europe,” stated Hi-Media Group Chairman/CEO, Cyril Zimmermann. “By taking Fotolog’s community mobile, we have further improved the user experience and paved the way for valuable partnerships.”
Fotolog raised $4.1 million in October 2006.@amitchowdhry or on Google+ at +AmitChowdhry