Facebook has announced a bid of $85 million to acquire Zhanzuo.com

by itechcrunch on 2007-11-19 11:07:42

Facebook has announced that it will bid 85 million US dollars to purchase Zhancw.com, which has 7 million users.

Zhancw.com is currently negotiating some details with Facebook, but no agreement has been reached yet. An informed source disclosed that the result will be made public by the end of this month.

Once the acquisition is completed, Facebook will become the online community website with the most users in the world.