Alibaba has often been referred to as China's answer to Google, and rightfully so. They are one of the country's largest (if not the largest) search engine and have even services and products that mirror Google's own, so it's really not surprising that the company now has plans to launch a social network of their own called Laiwang. In a country where things are heavily censored and tightly controlled, a company like Alibaba would have no trouble establishing a social network of its own that would gain the blessing and approval of the Chinese government.
Ubergizmo, Alibaba to launch its own Google+ like social network