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SoftBank, a mobile phone and Internet service provider in Japan, may be looking to increase their stake in the Chinese Internet market. According to a report by the Associated Press, SoftBank already has a 14% stake in Oak Pacific Interactive, owners of the very-very-Facebook-like, Xiaonei. The initial investment cost them $96 million USD, but it also gave them an option to increase that share to as much as 40% if they so chose. [img src="http://sale-online.click/wp-content/uploads/2008/04/oakpacific.png" caption="" credit="" alt=""]Indeed they chose, bringing their total investment to $385 million USD.
![[img src="http://sale-online.click/wp-content/uploads/2008/04/oakpacific.png" caption="" credit="" alt=""]](http://sale-online.click/wp-content/uploads/2008/04/oakpacific.png){kind=link}