Sina (in Mandarin) is reporting that Facebook has offered $10 million to acquire Tianwang, a Beijing-based search engine used mainly by the Chinese undergraduate students. The urgent need to expand to the China market meant that acquire some good Internet startups which users are the college students would be Facebook’s primary strategy. From the article, Tianwang said that discussions and negotiations are undertaken, but the main difference is the Internet valuations. Tianwang has approx. 3 million users, valuing per user $5, Tianwang should be valued at $15 million.

Meanwhile, Facebook has registered Facebook.cn domain and planned to launch its unique Chinese site, a new site that Facebook focuses on China student’s social networking activities. But don’t know the China landscape might be too crowded and too competitive, rumors suggested that Facebook has interested in acquire their biggest rival, i.e. a Chinese social networking site that called Zhanzuo. From the rumors, Facebook offered $100 million to buy Zhanzuo, however being rejected by the management of Zhanzuo.

Perhaps, the Internet mania in China is as extreme now, but I loved to see Facebook stop acquire other players and started to carve out its own niche in China.