Friendster social networking site which first circulated in cyberspace than Facebook and MySpace certainly be sold later this month. As proclaimed Reuters, Friendster will be released to one of the buyers from Asia at a price of about U.S. $ 100 million.
Currently, Friendster fame, founded in 2002 with a rapid decline than any other social networking sites in the United States. However, Friendster is now widely used in Asia, where more than half the 100 million registered users. The agreement between the buyer and Friendster own party will be announced late this December. So said a source who refused to publish.
TechCrunch, a blog industry, says in months uli, Friendster worth U.S. $ 210 million. This means less competitive compared to Facebook is worth about U.S. $ 10 billion.
Top management (CEO) Friendster Richard Kimber told Reuters, Morgan Stanley has been hired to handle this transaction. "We have a short list at this point, that we are negotiating," said Kimber.
Friendster, like Facebook, has been struggling to find effective strategies, such as The access targeting the younger site on Friday and will move the focus of the ad revenue for micro-transactions.
Social networking company headquartered in California, United States, has refused to purchase U.S. $ 30 million from Google Inc.. In fact, Google has offered since six years ago.
Tencent Holdings, the largest Internet companies in China that offered by the market value of U.S. $ 35 billion, was among the short list of bidders. While Facebook is also showing interest, but declined because of competition and the issues of intellectual property. The Friendster holds five U.S. patents relating to the social networks in accordance with the Office of Patents and Trademarks United States.
No comments:
Post a Comment