Wednesday, February 1, 2012

Facebook IPO Puts Spotlight on China - WSJ.com

Facebook IPO Puts Spotlight on China - WSJ.com

1 comment:

  1. Indeed, Facebook's membership has become increasingly global, with 80% of its more than 800 million members located outside the U.S., making the relatively small representation from China in its network increasingly glaring.

    But authorities have initiated campaigns to crack down on unwanted Internet content since then, and Facebook has not yet established operations here. Facebook and other sites, including Twitter Inc. and Google Inc.'s YouTube remain blocked by Web filtering technology, and at this point, analysts say the web services would have a hard time competing with established local rivals.

    Gary Wang, chief executive of online video company Tudou Holdings Ltd., said he hopes the IPO will turn more attention to China.

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