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This week, Reuters reported that Facebook received a license to establish a subsidiary in China. But the license has apparently been revoked, said "TechCrunch". The social network has only confirmed that he had the intention to launch an innovation center in Zhejiang, but apparently it is just that: the idea.
The long-awaited foray into the Chinese market of Facebook It was based on the approval of the Commercial Credit Information Advertising System national of China for a branch of the social network in Hangzhou (Zhejiang capital and headquarters of the e-commerce giant Alibaba). Reuters said that this subsidiary is funded with US30 million dollars as capital with Facebook Hong Kong as sole shareholder.
But all the information on the business movement was blocked and rejected on some social platforms in China, reported "The New York Times". Given this, Facebook came out ahead and said in a statement that he intended to launch an innovation center in Zhejiang, but suggesting that this plan had not yet progressed.
"We are interested We have done it in different parts of the world: France, Brazil, India, Korea, and our efforts will focus on trainings and workshops to help them innovate in Zhejiang to support developers , innovators and new Chinese companies, developers and entrepreneurs to innovate and grow, "said a representative of Facebook to TechCrunch.
Why
Facebook is blocked in China's Mark Zuckerberg, CEO of the social network, wants to reverse this situation, so he has met with Chinese ministers, learned Mandarin, attended university events and even looked for a partner to "support" to enter the market. As a result, the company's representatives had negotiations with Baidu a few years ago, but never agreed to any alliance.
La présenta a subsidiary in Hangzhou indicates a possible link with Alibaba, a great incentive for close relations between the company and local authorities in their home province. This company has already deployed City Braul – data monitoring service for governments – in its host city, worked with more than 500 guestups, and even supported Snap, Snapchat's parent.
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