Friendster Bets Its Future On Southeast Asia

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Friendster Bets Its Future On Southeast Asia

Postby snwmark » Wed Oct 07, 2009 8:32 pm

SF CHRONICLE - Oct 2 - Friendster is betting its future on Southeast Asia, with 90% of its traffic coming from the Philippines, Malaysia, Indonesia and Singapore. Friendster counts 115M members worldwide, that\'s still a far cry from the 300M registered members of Facebook. For Friendster, \"the game is pretty much over here in the US,\" said Forrester Research analyst Josh Bernoff. Friendster says its biggest stronghold is in the Philippines, with ~12M active users per month. Still, comScore reports Friendster traffic in Southeast Asia dropped from 32.6M unique monthly visitors in Aug \'08 to 13.7M this Aug, while Facebook zoomed from 24.8M to 71.1M. Friendster had slipped even below MySpace, with 15.1 million, while Twitter surged from 600,000 to 10.3 million.

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