After IPO problems, Accoona shut down on October 5, 2008.[1]
In October 2008 the web page said: "Dear Accoona search users, Due to an overwhelmingly competitive search market, Accoona.com and Accoona.cn will no longer be active. We thank you for your previous support. Sincerely, Accoona Management."[citation needed]
Accoona's domains and search facilities were acquired by Masterseek B2B (business-to-business) search engine on October 30, 2008.[citation needed]
Partnerships
Accoona provided the search technology to the Chinese portals Sina.com and Sohu. They also formed a 20-year exclusive partnership with China Daily. Through this partnership and its widespread Chinese affiliates, Accoona expected 10 million hits daily from the otherwise isolated Chinese user base.[citation needed]
Accoona signed a deal with FAST Search from Norway to help enhance their rankings.[2]
Press
Accoona received attention after selecting former President Bill Clinton as a spokesperson on December 8, 2004.
Accoona also received significant coverage from the webmaster community after many forum sites were spammed with promotional Accoona entries.[citation needed]
Accoona was selected among the "50 Coolest Websites" of 2006 by Time magazine.[3]