UN Ban Ki-Moon Chats On Social Media; Douban Closes to Break Even; Twitter Comes To China

Ban Ki-moon, the UN Secretary-General gave the first ever social platform-based fireside chat in the UN’s history on Facebook, Twitter and, of course, Sina Weibo.

The netizens from all over the world grilled Mr Ban with over 6,000 questions while half of them come from Chinese netizens. When being asked about how come in Africa people keep dying from famine while the whole world produces sufficient food, Ban replied ascribing this to unfair politics regarding the allocation of food resources.

We reported Douban’s Series C funding yesterday, and according to Yang Bo, its founder and CEO, the social rating site brought in RMB tens of millions in revenue last year by displaying ads on its website, and was close to break even.

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