What’s The Meaning of SoftBank’s Investment in Oak Pacific?

Lots of discussion on the news that Masayoshi Son’s Softbank will lead an investment totaling $430 million for approximately 35% stake of Oak Pacific Interactive (OPI), whose main asset currently is Xiaonei.com, a Facebook clone, can be found on the blogosphere already, such as on Techcrunch, VentureBeat and DigitalWatch.
Honestly, I was surprised by the […]

Who is Leading China’s Blog Market?

Among all China’s blog service providers, who is the leading player? Is it Sina blog which hosts many blogs of celebrities, is it Sohu blog who just open a widget platform, or Tencent’s Q-zone? A report released by Baidu today may answer this question. (Jan. 30th, Update: Interestingly, SearchLab, an research institute established by Baidu […]

Hainei: Strong Competitor of Facebook Wannabe in China

Several of my friends were twittering a new social networking site called Hainei.com today. At first glance, I was thinking it is just another Facebook clone in China. But then I was quite surprised to know who is the founder of Hainei.
Can you believe that it is a new project by Wang Xing, the founder […]

China’s Campus Social Networking Market

With Facebook’s billion-dollar potential acquisition value, campus social networking is also a hot web 2.0 field in China. The history of alumni community in China can be traced back to 1999, when Joseph Chen, CEO of Oak Pacific Interactive, and others founded ChinaRen. ChinaRen was acquired by Sohu one year later by Sohu in 2000 […]

Chinese campus social network hot again

Cnetnews reported: Oak Pacific Interactive has acquired Xiaonei (profile), Chinese version of Facebook. It will combine with 5Q, Oak Pacific’s campus social network division.
According to the report, 5q was founded in Apr. 2006. It has covered 2000 universities in China. The registration number is 1.2 million. Xiaonei was founded in Dec. 2005. It has […]

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