Thursday, February 21, 2013

Facebook Co-Founder Sees Opportunities in Asia

Article Excerpt

SINGAPORE?Facebook Inc. co-founder Eduardo Saverin doesn't expect to repeat the scale of success he had with the popular social network, but he says Asia's rapidly expanding consumer market offers fertile ground for fresh innovation and investment.

"Asia, when you look at the Internet growth and mobile growth, is the center in terms of where the consumer base will be in the future," Mr. Saverin said at The Wall Street Journal's Unleashing Innovation conference in Singapore.

"The exponential growth in mobile technology" in the region is creating investment opportunities, he said.

China is attractive for its sheer size, while Japan and ...

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Source: http://online.wsj.com/article/SB10001424127887323549204578317381880707820.html?mod=asia_home

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