Friendster will go on sale late 2009

End of 2009, Friendster is rumored to be sold to investors from Asia. This social networking service is no longer popular in the country of origin US, and more desirable Asian users. Almost half of Friendster users reaching 100 million come from Asia.

According to reports I heard, among the prospective buyers who are strong enough chances, including Tencent Holdings, the largest Internet company in China that the business value reached 25 billion dollars. Facebook reportedly also interested to buy Friendster, but Facebook took the offer because it hampered the copyright issues and the intense competition.

Estimated sales value of no less than 100 million U.S. dollars. Though the estimated value Friendster own business in July 2009 and worth up to 210 million U.S. dollars. Six years ago, Friendster was also offered by Google, but its bid value is only 30 million U.S. dollars.