Social networking site
Friendster, which is the most
popular of its type in Asia, has announced that Richard Kimber will be its new
chief executive officer and a member of its board of directors.
The site, which claims to be the third largest social network in the world
with 75 million users, also announced that it has closed $20m in funding.
Until recently, Kimber was the regional managing director of South Asia at
Google, where he successfully led business operations and strategic partnerships
across the region.
"Friendster is growing at an enormous rate in Asia Pacific and is clearly
leading the competition. I believe this is partly because the internet is
transforming the lives of everyone and it will probably become one of the
greatest liberators of our time," said Kimber.
"Utilising the internet to connect to your friends is one of its greatest
benefits and is changing the way relationships work globally. With more than 75
million users, it is clear that Friendster has already made a dramatic impact. I
look forward to growing our business further as we continue our global growth
and strong focus on Asia."
Friendster raised $20m by new investor IDG Ventures, a global network of
venture capital funds. The new funding will enable Friendster to extend its
leadership position in the Asia Pacific region and continue to grow and monetise
its global user base, the company said.
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