Development
In the early days of development, Moobol realized the potential of China's 500 million and growing cell phone users. As the price of portal devices such as digital cameras and camera phones decreased sharply, it paved the way for ubiquitous usage of these picture capturing gadgets. In April 2007, Moobol.com began constructing local or grassroots channels for its users. Moobol has announced that it will launch its beta 2.0 version sometime in the summer of 2007. It has plans to launch an English version of its site in the near future to diversity its member base. The website is currently seeking Venture Capital funds both in China and abroad to further expand its services.
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