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Rumor: Facebook Offers $85M for Chinese Social Network Zhanzuo

Zhanzuo: geared toward

Conflicting reports were published yesterday on whether or not Facebook offered $85 million to acquire China's largest social network

London's Times reports the deal went through, but when Valleywag asked Facebook spokeswoman Brandee Barker about it, she denied the offer.

The Times' source is an unnamed "spokeswoman" who says Facebook CEO Mark Zuckerberg and Zhanzuo CEO Jack Zhang were acquainted and that more details would be available by the end of the month.

Zhanzuo currently touts some 7 million users and is especially popular among Chinese students.


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