MOL, arguably the largest online payment provider in Southeast Asia is certainly making headlines recently. The Malaysian based company has acquired the declining Friendster by the end of 2009 but many have questioned the decision back then.
"Why on earth the acquisition is worth $100 million?"
There isn't any clear strategy being announced (until today) and we can't argue on why people are being skeptical.
That is, until the announcement of Facebook-MOL love relationship this month, in July 2010.
"A few years ago, Ganesh (the CEO of MOL) can't get response from Facebook but today they email him!" - quoted here.
