Quepasa Corp. (AMEX: QPSA) surged more than 8% on Wednesday pn speculation that Facebook may be in talks to acquire Quepasa or some stake.
Quepasa Corporation, through its Web site, Quepasa.com, operates as an online social community for young Hispanics. Quepasa.com provides users with access to an expansive, multilingual menu of resources that promote social interaction, information sharing, and other topics of importance to Hispanic users. Its members focus on generating interactive community pages or communities to create customized pages to share news, pictures, upload videos, create blogs, and receive update emails from other Quepasa members.
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