![]() The 25-year-old said poor management, ownership changes, and a clunky interface were likely responsible for the website’s decline. ![]() “It was knocked out by the market,” Jiang Mengjie, an AcFun user for over a decade, told Sixth Tone. Though AcFun went offline or had some of its features disabled a handful of times in 2017, netizens soon realized that the company’s February post might really be a final farewell.ĪcFun’s audience has been waning for years, as its rivals proliferate and expand. The company could not be reached for comment. The post was shared nearly 70,000 times, and many netizens begged their beloved video-sharing service not to go away. 2 on microblog platform Weibo, along with a cry-face emoji. ![]() “I really want to live for another 500 years,” AcFun wrote Feb. In December, it was rumored that Alibaba intended to acquire AcFun, but a deal has yet to materialize. The once-popular video-streaming website has not paid its employees since October 2017, according to Tencent News, and the lease for its Alibaba-owned servers expired at the end of January. AcFun, China’s first video-sharing platform to feature the now-ubiquitous “bullet screen” function, has been offline since early February.
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