Home » Gadgets » Operator of StudiVZ and MeinVZ announces insolvency

Operator of StudiVZ and MeinVZ announces insolvency

Friday, September 8th, 2017 | Gadgets

The operator of social networks StudiVZ and MeinVZ has filed for bankruptcy. The company Poolworks Germany announced on Friday.

          According to company data, approximately 10 million users between the ages of 16 and 59 are registered on the StudiVZ and MeinVZ platforms and generate around 1.2 million visits per month. Both networks will initially remain active, they said. The aim was to restructure and maintain the VZ Group. In addition, the development of a new platform is to be completed, with which a reboot is planned. Charlottenburg District Court appointed lawyer Jesko Stark of the firm GT Restructuring as insolvency administrator. Neither companies nor insolvency administrators were initially attainable. The VZ networks, in former times there were also student's VZ, were once considered as German success story on the Internet. However, a few years after the launch of Competitor Facebook in Germany, they lost popularity and membership. dpa
          
          
                
                    
          
            
                

                
        

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