Facebook’s Hopes to Enter the Tangled Web of China Gain Momentum – Jane Macartney

More on Facebook’s plans to enter the China market, from The Times:

Facebook is reported to have offered $85 million (£41 million) to buy Zhanzuo.com, its largest Chinese counterpart, which has an estimated seven million active users and a popular base among students.

It would give Facebook a ready-made entry point to the largest internet market outside the United States. [Full text]