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.
A Coca-Cola factory in Hong Kong wants people to visit the facility, take pictures and submit them on Facebook. The grand prize is a $10,000 travel voucher.