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.

This story was written by Joseph Weisenthal. Chinese social networking site Xiaonei already has a reputation for basically being a Facebook knock-off. Now it's copying Facebook's strategy too. The ...

Chinese social networking site Xiaonei has raised $430 million in funding from Softbank, according to a report from VentureBeat. Xiaonei was founded in ...

They've recently launched a group on the " Facebook of China," Xiaonei. This actually seems like a smart way to use a social network. Frank does a very good job of explaining it himself.

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.

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2009 is gonna be fizzling for most. Maybe even Chinese SNS. I doubt that Alexa’s figure is the best judgement of Kaixin001 (chart below), but having said that, the real figure might not be so far off.

BEIJING - German airline Lufthansa has launched a campaign on social networking site Xiaonei targeting Chinese college students looking to travel to Europe.

A Chinese face of the Facebook.com is reported to be acquired by Oak Pacific Interactive. Xiaonei.com (Xiaonei means ‘Inside the Campus’ in Chinese), launched in Dec. 2005 has reached over 0.3million ...

Wang Huiwen was with Wang Xing in 2005, when they launched Xiaonei in a rented office near Tsinghua's campus. The team had about $50,000 in funding.

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 ...

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.