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Asia Domain Name Registration Limited: The value of the Chinese version of Facebook

Asia Domain Name Registration Limited reports: Son Why watch in the domestic market no Wenjin the Qianxiang interactive »

On this issue, Chen Zhou, explained that "the two sides for the future direction of the views of amazing consistency." And more market analysts believe that Microsoft's investment in Facebook move to Qianxiang financing for the busy interaction, the Son is the most valued Qianxiang's another campus community website "school net."

Last November, Microsoft's shares to 240 million U.S. dollars the United States the second largest community site Facebook, in exchange for 1.6 percent stake. This investment in the industry was shocked in the industry generally look at the decline of community sites, this investment will undoubtedly to those prepared to abandon the community of entrepreneurs a shot in the arm, many investors for their investment did not advance a community website feel annoyed. Microsoft's investment in the amount of shares and a pro rata basis, Facebook's market value reached 15 billion U.S. dollars, and then the first Asian tycoons Li Ka-shing's shares on Facebook, it seems more underlines the value of community sites.

"Campus network will be Chen Zhou, one of the most important pawn." At the end of 2007 the first forum, Huaxing capital CEO who told reporters that package, if their net operating well, Qianxiang Interactive will draw on China's Internet Market access to their status. (
Asia Domain Name Registration Limited)

Campus network is returned in 2005 by the founder of Wang Xing, the end of 2006 to 1000 rubber interactive acquisitions, was described as "Facebook of the Chinese version." Xing Wang told reporters that the choice was Qianxiang acquisition, because their network was encountered financial difficulties and Qianxiang interaction is their desire to 5 Q campus network and their network integration.

According to internal network sources, school network users have already registered more than 2,000 million people, are the real names in Chinese college students, beginning in the late 2007 opening to the outside world white-collar workers registered. Qianxiang Interactive Group Chief Operating Officer Miriam told reporters that their net profit is the main mode of the current Internet advertising, wireless services and the sale of virtual goods, the future may include e-commerce and Internet games.

True of the Internet community, is the future trend of development of the Internet, it is this point, let Son of Qianxiang interaction produced a driving force for investment. CEO Xie Wen network with that of Softbank Interactive Qianxiang investment, is the value to the community once again affirmed, the community website to promote the development of the role.

It is reported that Softbank's investment in Qianxiang interaction, of which 100 million U.S. dollars into special schools network to support the rapid expansion of the campus network. Chen Zhou, and believes that investment in people to become shareholders, not just because their eyes network as simple as that.(
Asia Domain Name Registration Limited)



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