Going Like Sixty
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Social networking is expanding globally; Facebook is looking at extending into the Chinese market by trying to acquire Zhanzuo.com, the largest social network in China. “Facebook already boasts more than 100,000 users of its English-language network in China and rumours of its local-language entry were fuelled with the company’s recent registration in China of the domain facebook.cn,” the Times reported. Mark Zuckerberg founded Facebook while a student at Harvard, and has been looking for a way to tap into the seven million active users in China. He offered $85 million for Zhangzuo which has about seven million active users. UPDATE: Facebook denies any deal.
 "No offer has been made, and no acquisition of any company in China is being considered by Facebook," the representative wrote in an e-mail. "We do not know who the spokeperson is that they are referring to in The Times story and were never contacted by the paper to confirm the accuracy of this story."
(news)References: news, business.timesonline Filed In: |
Facebook China
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Zuckerberg Offers $85 Million For Zhangzuo (UPDATED)
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FOUR WAYS TO REACT: vote, favorite, add more examples of Facebook China or comment about Zuckerberg Offers $85 Million For Zhangzuo (UPDATED).
| tanja domazet on Nov 20, 07 0 Trends 3 Comments |
| Facebook China - Zuckerberg Offers $85 Million For Zhangzuo |
tanja domazet on Nov 20, 07 0 Trends 3 Comments
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