Google buys stake in Tianya.cn, China's third largest social network, as it tries to turn around fortunes in the country
Google has taken a stake in Tianya.cn, the Chinese social networking site, broadening its presence in the world’s second-largest online market.
A spokesman for the search company confirmed that Google has invested in Tianya.cn, but declined to give further details. Reports in China suggested the holding could be as much as 60 per cent.
Full article: timesonline.co.uk
