Choose from options: Determine if the sentence is true based on the text below:
weRead was formerly known as iRead

weRead, formerly iRead, is an online community of book enthusiasts. weRead started out as a social cataloging application on Facebook in June 2007 and has since expanded to over 3.1 million active members across Facebook, MySpace, Orkut, Hi5, and Bebo.
Available options:
A). Yes
B). It's impossible to say
C). No
A).