Malaysia-based company, MOL Global Pte Ltd plans to buy U.S. social networking sites, Friendster. Online payment provider does not say how much money to Friendster, a social networking site of the earliest his feet, but according to Reuters, reported that Friendster will sell for $ 100 million.
"The merger with Friendster will continue the transformation of social networking industry, combining a successful social sites and online marketing channel payment platform and network content, including games, gift items, music and video." Said Ganesh Kumar, president and CEO of MOL.
Friendster is holding the 5th U.S. patent relating to social networking sites, according to United States Patents and Trademarks Office.
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