REPORT: Facebook Eyes Sales Office In China

BusinessmanChinaFlag650Facebook is banned in China, but according to a report by Bloomberg, this isn’t stopping the social network from exploring the opening of a new sales office in that country to target local advertisers.

A source with knowledge of the situation told Bloomberg a Facebook office could open in China within one year, adding that the company is in talks to lease space at the Fortune Financial Center in Beijing, in the city’s central business district.

Bloomberg reported that according to the source, the social network has not decided whether to proceed with full-time employees or contractors, adding that the sales office will require an operating license.

Facebook Vice President of Corporate Development Vaughan Smith said in an email to Bloomberg:

Today, our sales team in Hong Kong is supporting these Chinese businesses, but because of the rapid growth these businesses are achieving by using Facebook, we are of course exploring ways that we can provide even more support locally, and we may consider having a sales office in China in the future.

Readers: Will Facebook ever be able to crack the Chinese market?

Image courtesy of Shutterstock.

Related Stories
Mediabistro Course

Content Marketing 101

Content Marketing 101Almost 60% of businesses use some form of content marketing. Starting December 8, get hands-on content marketing training in our online boot camp! Through an interactive series of webcasts, content and marketing experts will teach you how to create, distribute, and measure the success of your brand's content. Register now!