Facebook looking for a local partner to enter Mainland China

Mon 23 April 2012 09:00, Qin Hu

Facebook looking for a local partner to enter Mainland China

Eric Jackson, founder and managing member at Ironfire Capital LLC, wrote on his blog last Thursday that Facebook is preparing to enter Mainland China by a joint venture with a local partner.

The co-founder of Facebook, Mark Zuckerberg, has visited China privately many times in the last few months. The main purpose of his trips was to discuss the possibility of entering the market. One source said Facebook has already formed a Chinese team, which is responsible to provide necessary information for Facebook to enter China, such as how to acquire a Chinese website, cooperate with telecom operators, gather Chinese capital, and improve the protection and auditing of user profiles. 

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Jackson also pointed out that Zuckerberg has always been interested in entering the Chinese market, disregarding objections from Facebook’s COO/former VP of Global Online Sales and Operations at Google Sheryl Sandberg.

But according to the Instagram acquisition last week, we can see that Zuckerberg is not the person who will wait for Sandberg’s permission when he wants to do something. So if he really wants Facebook to enter China, it will be hard to stop him. 

According to Jackson, Alibaba might be the best local partner for Facebook in this case, because it does not have a social network or Chinese Twitter of its own. Then the possibility of conflicts is lower.



Comments (2)

 

    • insurance china

    Today Facebook is accessible in China without VPN! What is this?

    Di 24 apr 2012, 05:49


    • Qin Hu

    I don't know exactly what happened in China. But I think this situation will last long. Will check this!!!

    Di 24 apr 2012, 21:15

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