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. 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. This comes after a $240 million investment from Microsoft announced last month. Ka-shing is also the chairman of Tom Online, the Chinese portal which just went through a big restructuring as was reported earlier today. Tom Online will now focus on services, rather than news, and it may be that as Facebook enters China, Tom may enter into a partnership with it.http://www.paidcontent.org/entry/419-facebook-get-60-million-additional-investment-from-hong-kong-billionair/
http://www.techcrunch.com/2007/11/30/another-60-million-for-facebook/
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