Hot on the heels of Friendster’s recent face-lift, the onetime social-networking pioneer has found a buyer. MOL Global, a Malaysian online payment company, has agreed to purchase Friendster, the companies announced late Wednesday. Terms of the deal were not revealed, but rumors last week said a likely asking price would start around $100 million.
Friendster finds buyer in Asian payment company
Friendster gets a face-lift, looks for love?
Onetime social-networking pioneer Friendster unveiled a new design on Thursday, and it’s focusing on the demographic that has kept it afloat for the past few years: the Asian youth market. And according to Reuters, Friendster may also be sold to a buyer in Asia by the end of the month for at least $100 million.
