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Facebook has a new subsidiary. The company, named Lianshu Science & Technology (Hangzhou), was established on July 18 and has a registered capital of $ 30 million, according to the database of companies in China. Lianshu is a literal translation of "face" and "book" in Mandarin.
All shares are held by the Hong Kong branch of Facebook, whose social network is inaccessible in China, blocked by the authorities since 2009. [19659002] According to the statement in the National Register of Enterprises, the subsidiary based in Hangzhou (east) will have activities in particular in the development of computer networks and services and technology consulting.
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