Interesting: $85 M from Facebook to Acquire Zhanzuo.com

It's the first time I heard of Zhanzuo.com (Chinese) ever.
It has 7 million users on the sites, excluding overseas Chinese, because they only have the university in the Chinese territory. (why?) More about this news at TechCrunch.

Facebook became interested in this company right now and has made an offer of $85 Million for acquisition.

Even though xiaonei.com has been bought by one of the Chinese company, why they are not interested in showing interests in that? Is it because that they don't believe the xiaonei.com people are talented enough to create their own product but rather copying from them? They did a fair job in the so-called duplication. It also learned some good ideas and made them integrated to the sites. Now a lot of my friends in NUS are using it, esp my CHN friends.

Maybe Zhanzuo looks more innovative because it revealed a very typical university life phenomenon which is reserving seats. "Zhan" means "take it and make it someone's own prossession". "Zuo" means "seats". Thus, Zhanzuo means reserving seats on the first come first serve base, not only for themselves but also their gang. Zhanzuo typically happens at libraries, study rooms and any other public study areas in the universities throughout the country. Some also carried this 'tradition' to Singapore. (there was a Youtube video about the Zhanzuo situation at NTU. )It seemed the uni students are very hard working. A lot are!

Let us see what would come out in this story...

Maybe Facebook is looking at something different than what has been talked about. 7 M Chinese is not a big number in China. =p hmm... worth looking into it...

Updated:
I found the Youtube Video: Hungry Ghost Festival in NTU
& 1st person view Hungry Ghost Festival in NTU
It looked like the busy Beijing Subway interchanges in the rush hours.

Updates:

It seemed that it's a rumor, after all. See what Nick O'Neil said about it.