Facebook is opening an office in China even though its apps are banned
https://qz.com/1336202/facebook-has-set-up-a-subsidiary-in-china/
Facebook has set up a subsidiary in China, Reuters reported July 24. Although its platforms are banned in the country, its 1.3 billion residents represent a vast potential market for the company.
Facebook’s goal is to launch an “innovation hub” that supports startups and developers, according to Reuters. The subsidiary is reportedly registered in Hangzhou, a city in eastern China with a vibrant tech sector, including the headquarters of e-commerce giant Alibaba.
Facebook is opening an office in China even though its apps are banned
Jul 25, 2018, 4:44pm UTC
https://qz.com/1336202/facebook-has-set-up-a-subsidiary-in-china/
> Facebook has set up a subsidiary in China, Reuters reported July 24. Although its platforms are banned in the country, its 1.3 billion residents represent a vast potential market for the company.
> Facebook’s goal is to launch an “innovation hub” that supports startups and developers, according to Reuters. The subsidiary is reportedly registered in Hangzhou, a city in eastern China with a vibrant tech sector, including the headquarters of e-commerce giant Alibaba.