Facebook 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.
Facebook Strategic Preferred Marketing Developer and predictive media-optimization technology provider Kenshoo is ramping up in the Asia-Pacific region, announcing Wednesday that it will launch versions of its platform in Chinese and Japanese and open a new office in Singapore, joining its existing locations in Hong Kong, Tokyo, and Sydney.
It’s year in review time at Facebook, and Pope Francis donned the crown as the most-talked-about person or event globally, while Super Bowl XLVII took home the U.S. trophy, according to data released by the social network Monday.
Well, it’s a start: Facebook, Twitter, and other sites that are currently blocked in China will be unblocked, but only in a free-trade zone the government is planning to introduce in Shanghai, Reuters reported, via the South China Morning Post.
Facebook may still be blocked in China, but that hasn’t stopped that country’s leading social network, Sina Weibo, from tapping login with Facebook to make it easier for users outside of China to register for its site.
Since 2010, PayPal has been one of the main methods of payment for Facebook developers. But as Facebook grows, the company is changing its PayPal policies for new developers in emerging markets, such as China, Brazil, and India. According to TechCrunch, developers in several countries must show extra identification as a means of authentication, such as photo IDs or incorporation papers, in order to be paid via direct deposit.
China, the world’s most populous country at 1.3 billion people, has blocked its citizens from accessing Facebook. It doesn’t appear that this will change anytime soon. At a recent social media conference in Hong Kong, Facebook’s North Asia director, Jayne Leung, said the social network currently has no plans to make a move into China.
A new trading platform in Hong Kong is dangling $200 worth of Facebook stock, or a little more than five shares at the initial public offering price of $38 apiece, as incentive to trade via its platform.