The morning of December 4, Facebook CFO Gideon Yu (famous Chinese) arrived at the Beijing headquarters of FenBei.com where he held discussions with FenBei CEO Zheng Li. Previous acquisition rumors were confirmed one by one. It is reported that Facebook will spend 15.39 million USD (equivalent to 1.17 billion RMB) to fully acquire FenBei.com. This price is slightly lower than the previous rumored price at which Focus Media acquired PCPOO for 16 million USD.