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Friendster's Comeback Plan

ASIAMEDIA JOURNAL - Oct 28 - After losing ground to Facebook in many of its Southeast Asian markets, Friendster has embarked on a comeback plan, launching a payments platform to sell virtual items and games. Friendster’s payment platform will be extended to third parties such as advertisers, game publishers and apps developers, allowing Friendster to take a cut of purchases made with its own currency. Friendster remains the leading social network by total audience in the Philippi....

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