2 posts and columns on Xiaonei

China's Facebook Few–14,000 and Falling

in News on October 26, 2009 at 12:40 pm PT

The number of Facebook users in China is dwindling. Or to be more exact: falling off a cliff. And not by choice, as anyone who has tried to access Facebook in China recently knows. It’s no secret among people in the Internet business in China that Facebook was interested in the world’s largest Internet user population.

Video of RockYou Founders Talking About the New $17 Million Funding for Asian Expansion

in News on November 3, 2008 at 4:00 am PT

Widget maker RockYou announced today that it has nabbed a $17 million investment from two Asian firms, SoftBank Group and SK Telecom Ventures. The investment will be added to $35 million from the Redwood City, Calif.-based start-up’s C round in June. Overall, RockYou has raised a total of $67 million and–before the current econalypse–had previously reported a $400 million valuation. In a video with BoomTown, the company’s co-founders, CEO Lance Tokuda and CTO Jia Shen, said the new funding would be used to expand into the Asia-Pacific market, add offices and staff and make acquisitions.