Facebook Gets $60 Million Additional Investment From Li Ka-Shing

Filed under Deals, Li Ka-shing - Hutchinson Whampoa

November 29, 2007 10:06 pm

Facebook has closed another big tranche of its planned funding round, this time from an unlikely source: Hong Kong billionaire Li Ka-shing, who has made an investment of $60 million, reports Kara on AllThingsD. Ka-Shing is better known as the chairman of Hutchison Whampoa (the network operator branded as 3 in many countries, including UK). The money is from his investment firm, and he has the option to invest another $60 million, the story says.

read the rest published by Yahoo here:

http://biz.yahoo.com/paidcontent/071130/1_317405_id.html?.v=2

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Facebook Gets $60 Million Additional Investment From Li Ka-Shing

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