Exclusive: Friendster Shopping Itself Around In Asia
Robin Wauters wrote an interesting post today onExclusive: Friendster Shopping Itself Around In Asia
Here’s a quick excerpt
More interesting nuggets of information: Friendster is looking to expand its current revenue streams to include—besides online advertising—virtual goods, gaming, surveys, dating, music and classifieds. … Our latest model valuing social networks puts Friendster at only $210 million, based on Facebook’s recent valuation of $10 billion. Mostly that is because of the lower spending power of consumers in Southeast Asia, making advertisers value them less differently. …
Read the rest of this great post here: Exclusive: Friendster Shopping Itself Around In Asia
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