Saturday, April 9, 2011

Facebook entrance to China

Mark Zuckerberg, founder Facebook, and Jet Li ...Image via Wikipedia
Entering China would give Facebook access to the world’s largest Internet market, with more than 457 million
Web users. People who want to get on the social network there now rely on private-network services to circumvent
firewalls that bar access to information the government deems inappropriate.

Facebook, with more than 500 million users, aims to expand in other parts of the world to add members and
advertisers. Chief Executive Officer Mark Zuckerberg visited China in December and met with Internet
companies including Baidu Inc. and Sina Corp. He also met with Wang Jianzhou, chairman of China Mobile
Ltd., who said the pair discussed “the possibility of cooperation” in China.

“We are currently studying and learning about China, as part of evaluating any possible approaches that
could benefit our users, developers and advertisers,” Palo Alto, California- based Facebook said in an
e-mailed statement.

owner of the world’s most popular social-networking service,Mark Zuckerberg, has held talks with potential partners
about how to gain a foothold in China, according to a person familiar with the matter.

The officials of Facebook said in February that it’s opening an office in Hong Kong. While the aim is to focus
on Taiwan

and Hong Kong, the location brings Facebook closer to advertisers in China, where Susquehanna International
Group LLP predicts the online advertising market will triple to almost $13 billion by 2014.

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