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Zhanzuo

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Facebook deny reports they are buying into China

Facebook deny reports they are buying into ChinaIt was reported in The Times on Monday 19th of November that Facebook made an offer of $85 million USD to purchase one of China's biggest social networks, Zhanzuo.com.  Zhanzuo is home to over seven million Chinese people.Rumours were squashe...

News

Facebook look to acquire Chinese social network Zhanzuo for $85 million

Facebook look to acquire Chinese social network Zhanzuo for $85 millionFacebook has reportedly made an offer of $85 million USD to buy Zhanzuo (http://www.zhanzuo.com), one of China's biggest online communities.  Zhanzuo is home to over seven million Chinese people; that equates to about one in every 180 Chinese...

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It pays to be a clone: DesiMartini sells for "under $10 million"

It pays to be a clone: DesiMartini sells for "under $10 million"Indian social networking site DesiMartini have been acquired by Firefly e-Ventures Limited through their parent company HT Media.  The sale figure was undisclosed, however a source at HT Media states the purchase price was less than $10 milli...