Lauded for Its Profitability, Tagged Receives No. 80 Ranking of Nation’s Top-100 Up-and-Coming Companies
SAN FRANCISCO – Dec 6, 2011 - Tagged, the social network for meeting new people, was recently honored by Forbes for making the magazine’s highly acclaimed listing as one of “America’s Most Promising Companies.” Forbes conducted an in-depth analysis and review to find the country’s top-100 most promising companies, and Tagged secured the no. 80 ranking.
In making selections, Forbes noted, “These privately held up-and-comers have compelling business models, strong management teams, marquee customers, strategic partners and precious investment capital.” Specific to Tagged, Forbes stated, “Unlike other social networking companies, this one — launched in 2004 — is focused on helping its members meet new people with common interests.” Forbes also noted that Tagged had a 342 percent revenue increase between 2008 and 2010.
“We are honored and tremendously proud to have made Forbes’ acclaimed ranking of ‘America’s Most Promising Companies,’” said Greg Tseng, Tagged CEO. “With over 100 million members worldwide, this honor is a further testament to Tagged’s commitment to offering users a unique, fun and interesting way for people to meet new friends and establish meaningful relationships.”
Tagged is the social network for meeting new people. While other offerings focus on existing relationships, Tagged has established the category of social discovery. With over 100 million members in 220 countries, Tagged enables anyone to meet and socialize with new people through social games, customized profiles, virtual gifts, advanced browsing features and more. Tagged is based in San Francisco. More information is available at http://about.tagged.com