Is an IPO for "Chinese Facebook" in the Works?
Filed in archive IPOs by Greg Cruey on July 19, 2008
Oak Pacific operates Mop.com which The Deal.com describes as "a social networking site that is a copy-cat of U.S.-based Facebook and was picked up in an acquisition in 2006."
SoftBank
Corp., SBI, and JOHO Capital were among the investors a few months ago when Oak Pacific raised $430 million in new funds. The strength of that fundraising effort makes many analysts suspect that Oak Pacific has something big on the horizon...
© Daneel Ariantho
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oak pacific facebook mop.com china facebook+works chinese+facebook advertisement+book
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