Rumor: Facebook Seeks Local Partner to Enter China

DoNews, 4/18/12

Informed sources close to Facebook revealed that Mark Zuckerberg has made many private trips to China to meet with Chinese web site managers allegedly regarding the acquisition of a Chinese website for the purpose of entering the Chinese market, according to foreign media reports.

An informed source stated that Facebook has stepped up its preparations by setting up a dedicated ethnically Chinese project team tasked with providing the necessary information for Facebook to enter China, for example, how to acquire a Chinese website, cooperate with telecom operators, search for Chinese capital, and improve the protection and auditing of user information.

Keywords: market entry Mark Zuckerberg Internet Facebook SNS

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Marbridge Daily