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icebear

ChinesePod acquired!

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icebear

From their most recent newsletter:

There's also some very exciting news to report: ChinesePod has been acquired by Bigfoot Ventures, a Hong Kong-based communications, technology, education, entertainment and new media company. This move will allow us to offer you, our beloved Poddies, a more entertaining, comprehensive and beneficial ChinesePod experience down the road - we're psyched about it!

Good for the owners, who I think cultivated a good service and good brand over the years and deserve to cash in. But I'm also hoping that this doesn't result in significant changes to the pace of new lesson offerings... I'm a bit skeptical, but we'll see.

Any thoughts?

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kdavid

My first reaction was the same: I bet they got a bucket of cash.

Good for them. I remember when they were still relatively new in 2006. They've come a long way.

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simplet

I wonder what that means for all the other lesser-known-pods or vaporpods (like germanpod, damn I would have loved for that one to come true).

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mikeedward

Could they really have been worth much money? They've been downsizing for years and I was half-expecting them to go bankrupt, plus with their numerous blog posts about obtaining investors for numerous site upgrades lets me think they had essentially no cash in the bank.

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Marakanka

It is the most popular service for learning chinese online - must have been worth something!

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