Facebook offers $ 85 million for Chinese social network

Pumped up with finance at the cost of $ 15 billion, Facebook begins to acquire assets on its own. The first object that attracted the attention of the newly-formed giant was the Chinese social network Zhanzuo.com with seven million registered users. They made an offer in the amount of $ 85 million. The owners of a Chinese startup have not yet given their consent, but the creators of the Russian Facebook clones have something to think about.

According to The Times , the possibility of the deal was discussed personally by Mark Zuckerberg (owner of Facebook) and Jack Zhang (director of Zhanzuo.com). The results of the negotiations will be known closer to the end of the month.

Analysts emphasize that after this takeover, the social network Facebook can reach a fundamentally new level. Before it now opens the way to take the unconditional first place in the world in the number of users.
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Currently, more than 100,000 Chinese are registered on the English-language Facebook network, and more recently the company has registered the domain facebook.cn. For reference, the Russian facebook.ru was registered in 2005 by cybersquatters from Mera plus JSC.

via The Times