Excerpt from Simple is the Reason of My Heart: …regarding Facebook overtaking Friendster in Malaysia and predicted that the surrounding countries in the region will also fall after. After looking at an updated world map of leading social networks in the globe (by Vincenzo Cosenza – translator of Facebook Marketing Bible in Italian), the domino effect is continuing across the whole of Southeast Asia
Facebook has now overtaken Friendster in Southeast except Thailand and Phillipines. Note that Hi5 is still the most dominant social network in Thailand, and Phillipines remains to be the last bastion for Friendster with their recent introduction of calling cards and mobile payments. How did that really happen given that Friendster received a fresh injection of funds from IDG Ventures SEA?