# Facebook China Zuckerberg Offers $85 Million For Zhangzuo (UPDATED) By Going Like Sixty | Published 2007-11-20 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/facebook-china-zhangzuo References: [business.timesonline](http://business.timesonline.co.uk/tol/business/markets/china/article2896608.ece) & [news](http://www.news.com/8301-13577_3-9820048-36.html?tag=nefd.top) Social networking is expanding globally; [Facebook](https://www.trendhunter.com/trends/facebook-debuts-at-stagecoach) 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](https://www.trendhunter.com/trends/joule-turbo-sous-vide) reported. Mark Zuckerberg founded Facebook while a student at [Harvard](https://www.trendhunter.com/trends/Artificial-muscle-materials), 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. ## Trend Insights (Trend Hunter) - Score: 3.8/10 - Popularity: 47% | Activity: 59% | Freshness: 8% - Audience gender: 50% men, 50% women - Primary generations: Millennial - Top markets: North America, Europe ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) ## Key Themes ### Key Themes Behind This Trend - **Global Expansion of Social Networking:** Opportunity for social networking sites to expand globally, possibly through acquisition of local-language social networks such as Zhangzuo in China. - **Localization of Social Networking:** Localization of social networking platforms in different regions presents growth opportunities, such as Facebook's registration of the domain facebook.cn. - **Competition Among Social Networks:** Competition among social networks, especially in emerging markets, provides opportunity for innovation and growth through mergers, acquisitions, and other partnerships. ### Where This Applies - **Social Networking:** Social networking platforms have the potential to expand globally and innovate through partnerships, mergers, and acquisitions. - **Technology:** Advancements in technology facilitate the global expansion and localization of social networking platforms, presenting growth opportunities for the industry. - **Digital Marketing:** As social networking expands globally, digital marketing opportunities emerge for companies looking to target specific regions and demographics. ## Related on Trend Hunter - [Studio Developer Mergers](https://www.trendhunter.com/trends/zynga-x-take-two.md) - [Chinese Career Apps](https://www.trendhunter.com/trends/career-app.md) - [Pay-in-Chat Instagram Updates](https://www.trendhunter.com/trends/payments-in-chat.md) - [Immersive Chinese Metaverses](https://www.trendhunter.com/trends/xirang.md) - [Localized Language App Collaborations](https://www.trendhunter.com/trends/fred-farid.md) - [Connection Platform Experiences](https://www.trendhunter.com/trends/facebook-debuts-at-stagecoach.md) - [College-Focused Social Platforms](https://www.trendhunter.com/trends/tiktoks-campus-verification.md) - [Creative Online Social Networks](https://www.trendhunter.com/trends/bf-island.md) - [Paid Verification Social Services](https://www.trendhunter.com/trends/meta-verified.md)