Facebook considering acquisition of "Chinese Facebook" Zhanzuo
TechCrunch has the story tonight of Facebook’s $85 million offer for Zhanzuo.com, the largest college-focused social networking site in China, with over 7 million users. Zhanzuo’s CEO Jack Zhang and Mark Zuckerberg have been in discussions, but nothing official has been announced yet.
About Zhanzuo, according to its site:
Like the popular SNS website in the US, such as Facebook, Zhanzuo has captured the dynamic of active young Internet user through connecting them with its interactive communication platform.
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