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Dah Hui Lau (David)

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Ka-shing! Facebook Gets Another Cash Infusion

Posted on 12/04/2007 19:39:39 | Link | Post Comment
Social-networking phenom Facebook has a new investor. Hong Kong tycoon Li Ka-shing now owns 0.4% of the operation, in exchange for a $60 million wad of cash. The price is consistent with the terms of Microsoft's earlier and larger stake, valuing Facebook as a whole at $15 billion.


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