28 Jan '13, 8am

Resurgent ex-Twitter rival Plurk gets Series A funding from WI Harper

Resurgent ex-Twitter rival Plurk gets Series A funding from WI Harper

Resurgent ex-Twitter rival Plurk gets Series A funding from WI Harper January 28, 2013 by Terence LEE Plurk , like Friendster, is a forgotten player in the long-drawn social network wars. But it has earned a resurgence of sorts lately, getting 1M daily active users and passing 8 billion ‘Plurks’, or status updates. While far from its peak of 100M visits a month, it still shows a lot of promise. By demonstrating its potential for a second act, the Taiwan-headquartered Plurk has received a Series A round from WI Harper Group , which typically invests more than USD 5M in healthcare and technology companies. But according to TheNextWeb , the deal is in the seven digit range but no more than USD5M. Plurk made the announcement in a press release today. The social network has kept itself alive by appealing to Asian users. Now, 60 percent of its traffic come from Taiwan, while Ind...

Full article: http://sgentrepreneurs.com/2013/01/28/long-forgotten-soci...

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Taiwan's #social network Plurk announced it's latest #funding round from Wl Harper

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