MySpace has targeted 11 countries as part of a plan for international expansion, writes the FT. The site's co-founder and chief executive Chris DeWolfe said the move would include France and Germany, and that China and India were possibilities in the long term. The first foreign language versions of MySpace will be rolled out at the end of the summer.
It seems that the UK will be the starting point for the site's European expansion - something that doesn't bode well for the UK's biggest social networking site, Bebo (the Guardian reports that Bebo leapfrogged MySpace at the end of May, taking 12.52% of the market against MySpace's 12.28%). However, Bebo is already experiencing strong network effects - as we've seen with MySpace in the US market, that pattern is hard to break.