Facebook is Coming to China... Sort Of

By Tom Smith, July 25, 2018

0 0

Facebook will be opening an 'innovation hub' in Hangzhou, according to a company spokeswoman.

The hub will open with the aim of supporting “Chinese developers, innovators and start-ups,” and will look to follow the model of similar hubs already open in countries such as France, Brazil, India and Korea, according to CNBC

Reuters reported on Tuesday that a filing approved on China’s National Enterprise Credit Information Publicity System showed that the social media giant had set up a subsidiary registered in the Zhejiang capital on July 18. 

The filing listed Facebook Hongkong Ltd as its only shareholder, and the subsidiary was registered with capital of USD30 million, according to state-run newspaper Global Times.

The news could signal Facebook’s intent to move into the Chinese social media market, which is currently dominated by WeChat and Weibo, but lacks a real counterpart to Facebook, where people register with real names and share life events. 

Despite this, late Tuesday evening highlighted the problems that Facebook and other western social media companies still face in China. The New York Times reported that Facebook’s filing was removed from the Chinese government website, and certain references to the new subsidiary had been censored on Chinese social media. 

Facebook has been banned in China for almost 10 years. This latest news could indicate that it may still be a long time before we see Facebook make a fully operational return to China. 

[Top image via Pexels]

more news

Netizens Mock Twitter’s Definition of Chinese State-Affiliated Media

Twitter has expanded its definition of Chinese state-affiliated media to include anything that has ".news.cn" in the link... And yes, the internet did react.

Female Refugees and Flags: Chinese Internet Reacts to Ukraine

Like elsewhere across the planet, the Chinese internet's attention has been captured by the war in Ukraine.

Meet the Fitness Instructors Navigating Chinese Social Media

Siri Nordheim and Ann MacLellan, MYbarre Fitness founders.

Top Chinese Internet Censor to Face Trial for Corruption

An investigation found Peng "lost his faith and was disloyal to the party."

Tencent Stock Down 10% After State Media 'Electronic Drugs' Jibe

The article by state media likening Tencent to 'spiritual opium.'

Chinese Internet Reacts to Alibaba's Record ¥18 Billion Fine

Top comments called for anti-monopoly investigations into other tech companies like Tencent and Meituan.

7 Surprising Stats on Chinese Internet Users

China has nearly 260 million users over 50 years old and 160 million Internet users under 20 years old.

Chinese Internet Reacts to 2020 US Presidential Election

The election has been heavily trending on Chinese social media this weekend.

0 User Comments

In Case You Missed It…

We're on WeChat!

Scan our QR Code at right or follow us at thatsonline for events, guides, giveaways and much more!

7 Days in China With thatsmags.com

Weekly updates to your email inbox every Wednesday


Download previous issues

Never miss an issue of That's Magazines!

Visit the archives