Friendster raises $20,000,000

Friendster Inc. said it had obtained $20 million in funding, most of which will go to hiring professionals and setting up offices in Asia.  According to the June 2008 findings of comScore Media Me-trix, Friendster is the top social network in Asia with over 55 million registered users and 33 million monthly “unique visitors” from Asia.  Mr. Jones noted that based on July 2008 figures, Friendster had 57 million unique visitors in Asia, with 20 million coming from the Philippines alone.