12 Sep '11, 1pm

@Friendster gains more than half a million new users, mostly from Asia

Friendster gains more than half a million new users, mostly from Asia September 12, 2011 by Terence LEE Friendster announced on 12th September that it has gained half a million new users ever since it launched on 28th June, with 90% of them coming from Asia and 30% staying on the site for more than 45 minutes in a month. Once the world’s most dominant social network, Friendster later reoriented itself as a social gaming platform after it lost pole position to Facebook. In December 2009, Malaysia-based MOL Global bought Friendster for a reported US$39.5 million (check out podcast on this topic) and then later sold all of Friendster’s patents to Facebook for US$40 million. Friendster also revealed that monthly and daily active users have increased by 50%, while 10% have purchased in-game credits. Currently, users can enjoy over 40 premium games and hundreds of free-to-play g...

Full article: http://sgentrepreneurs.com/news-stop/2011/09/12/friendste...

Tweets

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mrbrownshow.com 12 Sep '11, 4pm

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