Rumor on Facebook’s China Acquisition Again

Facebook and China is the hottest topic in web 2.0 sector since November. At first, There were so many rumors that Facebook would enter China market by acquisition, and it has offered $85 million to acquire Zhanzuo.com. Besides Zhanzuo, other rumored acquisition targets are Fenbei.com and Tianwang(Kaiser said the rumor on Tianwang has some foundation). [...]

Zhanzuo Acquired Yoolin.com

Zhanzuo.com, one of the Facebook wannabe in China, announced today that it has acquired Yoolin.com, a campus social networking site targeted at Chinese students abroad.
I can not find much information about Yoolin, the about us page has been replaced by information of Zhanzuo. What I can know is Yoolin was established in June 2006 [...]

China’s Campus Social Networking Market

With Facebook’s billion-dollar potential acquisition value, campus social networking is also a hot web 2.0 field in China. The history of alumni community in China can be traced back to 1999, when Joseph Chen, CEO of Oak Pacific Interactive, and others founded ChinaRen. ChinaRen was acquired by Sohu one year later by Sohu in 2000 [...]