Technology

Facebook could open a subsidiary in China

Facebook could open a subsidiary in China

Facebook first got some sort of official status in China. The use of Facebook is blocked in China, but obviously Facebook sees China as a highly desirable market. According to some documents submitted by Facebook to the Chinese government, last Wednesday Facebook would have obtained the approval for the first time to open its subsidiary in the Chinese city of Hangzhou, with a share capital of 30 million dollars. This does not mean that Facebook, the social network, will open in China: the new company will deal with technology for information management, investments and marketing, probably waiting for the policies of the Chinese government to change. It is also not clear where Facebook's current request is: on Tuesday, the New York Times wrote, some information about the new company was deleted from the Chinese government website, a move that “indicates how complicated it remains for Facebook to navigate. China”.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top