Xiaonei

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Headline: Chinese Facebook

Xiaonei.com is a Chinese Facebook clone that was acquired by Oak Pacific, a Chinese internet consortium for an undisclosed sum.

Address: China

Industry: Consumer Internet

Sub-Industry: Social Network

Legal Structure: LLC

Ownership: Subsidiary

Parent Company: Oak Pacific Interactive

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Date	Type	Capital Amount	Post-Money Valuation	Investors
04/2008	Series B	430M	1230M	Softbank Corp, SBI, JOHO Capital

Last Edit:

09/10/2008 02:42AM by TradeVibes

History:

User Opinions

Bullish Opinions (4)	Author/Date
Clone of Facebook! Add Comment	ryean 07/25/2008	100% 2 votes 2 0% 0
They just raised $430 mm! Add Comment	need4speed 04/30/2008	100% 5 votes 5 0% 0
China is a growing market Add Comment	meiling 04/07/2008	100% 7 votes 7 0% 0
Very popular in China! Add Comment	meiling 04/07/2008	86% 7 votes 6 14% 1

Bearish Opinions (2)	Author/Date	Do you agree?
clone some part of Facebook,0% innovative,now facebook just release Chinese interface version. Add Comment	chrisqie 06/25/2008		100% 1 vote 1 0% 0
Compete and Quantcast doesn't show much traffic in the US Add Comment	need4speed 04/30/2008		100% 5 votes 5 0% 0