Xiaonei, the company that likes to call itself the “Facebook of China” has raised a whopping $430 million from financial backers, VentureBeat has learned from the company’s investors.

Xiaonei Rips Another Page From The Facebook: Opens Platform, Launches Developer Fund. July 8, 2008 / 4:33 PM EDT / PaidContent.org This story was written by Joseph Weisenthal.

Xiaonei was founded in December 2005 by Qinghua University graduates Wang Xing, Wang Huiwen, Lai Binqiang and Jacky, then was acquired by Oak Pacific Interactive in 2006 for an undisclosed sum.

OpenSocial, the standards platform that makes it easier to write applications across social networks, is celebrating its one-year birthday in San Francisco today. As part of the festivities ...

Xiaonei and 51.com, the Chinese answers to Facebook and Myspace respectively, realized that merging social networking sites with online games could be a formula for success.

Xiaonei is supposedly at it’s prime. So how did KaiXin001 succeed? They have grabbed a market segment that Xiaonei neglected, or rather least strong at. While many university students are big fans of ...

It has been more than a decade since Wang Xing quit school to found his own company, and the 36-year-old serial entrepreneur has had his share of failures. In 2005, Wang and his two friends copied ...

Xiaonei.com (Xiaonei means ‘Inside the Campus’ in Chinese), Subscribe to the TechNode Briefing Newsletter. Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most ...

Oak Pacific Interactive, which just received US$430 million from key investors including Softbank, plans to raise as much as US$500 million from an initial public offering or by spinning off its ...

About two months ago, I wrote about Lufthansa's efforts to develop its own social network. I said, "What Lufthansa should be doing is trying to create applications within existing networks that ...

Xiaonei.com is one of the largest social networking site in China targeting at university students. ESWN translated an article from my1510 on the recent politicization within the network. Skip to main ...

The campaign, based around the Lufthansa Study Abroad in Europe Group on Xiaonei, is set up as a community forum where audiences can lead discussions, upload photo albums, play games and download ...