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Czech Startup Globopolis.com Ends Its Operations

[Prague, CZECH REPUBLIC] Globopolis.com, once one of the most promising Internet startups in the Eastern Europe, is going out of business after investor's decision to cut off the financing of the operations.

Globopolis.com was established in December 1999 as the city-search Web site for Central and Eastern Europe. Based in Prague, Czech Republic, with branch offices in Budapest, Hungary, Vienna, Austria and Warsaw, Poland, it offered coverage of sights, events, contains travel and accommodation information, reviews of clubs, restaurants and cafis.