E-commerce group, Alibaba Group, launched a new social networking platform, Laiwang, which is now in its beta (test) version. According to information on the website, the new platform is also available for smartphones running on both the Android and Apple’s iOS platforms.
An Alibaba spokeswoman confirmed the new platform’s testing phase without providing further details. Media reports suggest Laiwang bears resemblance to Google’s newly launched social networking platform Google+, with trial accounts presumed to be issued by invitation only.
Source: Business Strategies Group Hong Kong